Tangle stems from estate planner's alleged scheme to profit from deaths of annuitants
Nine-month return double that of the S&P 500; 'growing optimism'
State security officials say they're ramping up oversight of leveraged and inverse exchange traded funds. The chief worry? Brokers themselves may not understand how the complex products actually work.
Investment advisers will be able to visit one website for the annuity-sales training required under a new suitability standard issued by regulators.
Global markets are heading for an “important turning point” as interest rates begin to rise within about three months and the U.S. dollar gains, according to investor Marc Faber.
Retirement industry leaders today pressed officials from the Labor and Treasury departments to ensure that any future “safe-harbor” rules for annuities in 401(k) plans also include other lifetime-income options.
The trustee for Bernard Madoff's investment-advisory business won a $180 million default judgment against Vizcaya Partners Ltd. over claims the hedge fund profited from the conman's fraud.
American Funds, which is a unit of The Capital Group Cos. Inc., has come out with only two mutual funds in the past decade. The new offering, called the American Funds Global Balanced Fund, is set to make its debut Feb. 1.
Warren Buffett's Berkshire Hathaway Inc. sold stakes in Home Depot Inc. and CarMax Inc. and cut its holding of Nike Inc. as the billionaire replaced a retiring investment manager and built the company's cash holdings.
Retirement plan advisers and record keepers should have an out, the groups contend
“We're only halfway along the way to a gigantic eventual bubble in the emerging markets,” says Barton Biggs, the managing partner of New York-based hedge-fund firm Traxis Partners LLC. And he's not alone in his belief.
Newsletter editor skewers firm's handling of U.S Growth Fund
Famed investor looks to gain more flexibility with latest Fairholme offering. Says one industry watcher: “It's like going back to the days of old with a mutual fund that will make you money by going anywhere."
Debt aimed at retail investors matures in 2060
The SEC says it's targeting 12(b)-1 fees to help protect investors. Meanwhile, soft dollars fly under the radar. Critics say that needs changing.
In a wide-open pursuit of investment yield, stocks are trumping bonds, according to Mark Freeman, manager of the WHG Income Opportunity Fund Ticker:(WHGIX).
B-Ds' account statements come under scrutiny; further guidance from regulator possible
Some asset management executives would argue that now isn't a good time to be in the money market fund business
Although the run-up in emerging-markets debt may seem a little long in the tooth, a good case can still be made for purchasing these bonds.
