One in every 171 households received a foreclosure notice in the quarter, according to RealtyTrac.
Confidence among global institutional investors rose this month, but was weak on the home front, according to a survey.
The 10 international-sector SPDR ETFs are use as benchmarks a series of the S&P World ex-U.S. broad market indexes.
Mr. Weisbrod, president of Weisbrod Financial Services Inc. and Staar Financial Advisors Inc. of Pittsburgh, is launching sfamoney .com next month as part of an effort to provide advisers and retail investors with model ETF portfolios, commentaries and various other planning tools.
Although financial advisers are the key drivers in the generation of hedge fund sales, it appears the hedge fund industry and advisers aren't connecting as well as they might, according to a new study.
Stung by media and union criticism that their proxy votes are in the pockets of corporate management, the mutual fund industry is fighting back.
The ex-Stamford, Conn.-based hedge fund managed by Samuel Israel defrauded investors out of $300 million.
The board took action to improve transparency in the municipal bond market during its three-day meeting.
The $12.5 billion allocated to hedge funds during the quarter marked the lowest level of new capital since 2005.
The funds employ long-term capital growth strategies by investing primarily in equity securities of U.S. issuers.
Housing starts rose 9.1% to 1,066,000 units in June from May, but down 26.9% from a year ago.
The GCC Titans 40 Index measures the performance of 40 stocks traded in five of the Gulf Cooperation Council nations.
The pursuit of investment performance in an increasingly uncertain market is drawing more attention to alternative investment strategies, a situation that could place more pressure on financial advisers to step outside their traditional comfort zones.
They are the ultimate go-anywhere funds — global funds that can invest virtually anywhere, regardless of geography — and they are growing in number.
The Loomis Sayles Small Cap Value Fund was launched May 13, 1991, and has $1 billion in assets under management.
Mutual funds voted in favor of management proposals more than 90% of the time in 2007, an ICI study found.
Investors in Sandelman Partners $3.2 billion multistrategy hedge fund have been barred from making withdrawals.
Hedge Fund Research Inc.'s Fund Weighted Composite Index fell 0.68% in June and is down 0.75% this year.
The new ETF is designed to provide access to certain equity markets in the Middle East and North Africa.
