Investment manager BlackRock said Tuesday that it bought Helix Financial Group LLC, a commercial real estate advisory firm, for an undisclosed amount.
The founder of the No-Load Mutual Fund Association — now The Mutual Fund Education Alliance — hopes to announce the creation of a new organization representing exchange-traded funds next month.
A billionaire hedge fund manager charged in a $25 million insider trading case now faces a lawsuit saying he helped finance Sri Lankan militants notorious for suicide bombings.
More asset managers are getting out of the money market fund business because the regulatory and market environment often makes offering such funds unprofitable.
After more than five years of solid performance, including a run in 2009 that saw assets more than double to nearly $1 billion, the TFS Market Neutral Fund (TFSMX) is introducing a “hard close” and will stop taking any investments on Jan. 22.
Two mutual fund acquisitions were announced today, one involving a fund group with $6 billion in assets that has changed hands several times over the last few years.
Jeffrey Gundlach said his “inappropriate termination” by TCW Asset Management will simply give him and his mortgage-backed securities team an opportunity to create an even stronger investment organization to serve investors
The catastrophe bond market is poised for an active fourth quarter as several factors combine to boost the insurance-linked-securities sector, according to experts and observers
Real estate money managers are joining private-equity firms in the line to buy failed banks.
Washington in general — and President Barack Obama in particular — is getting in the way of the stock market rally, according to Uri Landesman, head of global growth at ING Investment Management Americas.
After enjoying the “beta rally” of 2009, investors should view 2010 as more of a defensive play, according to Gary Stroik, chief investment officer at WBI Investments.
Investors are ignoring mid-cap stocks at their own peril, according to Thyra Zerhusen, manager of the $1.3 billion Aston/Optimum Mid Cap Fund (CHTTX) from Aston Asset Management.
All signs point toward staying fully invested, according to Howard Present, co-manager of the Virtus AlphaSector Rotation Fund (PWBAX).
Who were the top portfolio managers of the last ten years and why? Watch the video below from Morningstar and find out:
The closed-end fund market begins 2010 on a somewhat muted note, without the customary New Year's bounce.
ProShares today launched eight exchange-traded funds that aim to magnify their benchmark exposures by 300%.
China's economic engine powers on, but some consultants and managers are becoming more cautious about investing in the Asian giant — at least in the short term.
OppenheimerFunds Inc. has lost its head of distribution just five months after he joined the firm.
After a long hibernation, the lords of leveraged buyouts are up and about.
