Analysts become portfolio managers as part of broad promotion and job changes.
First-quarter results will suffer from subprime-related trading losses.
Signature Resources Capital Management has teamed up with Fundquest Inc. to launch a wealth management platform.
A platform will be launched next month offering what is being touted as the first socially conscious and sustainable-investing account in the financial services industry.
The Mutual Fund Directors Forum is hoping to rally the troops in an effort to stave off what it thinks is an attempt by the Investment Company Institute to eliminate the watchdog role played by mutual fund directors.
When Claymore Securities Inc. of Lisle, Ill., this month announced that it was liquidating 11 exchange traded funds — the first large-scale liquidation of ETFs since the funds were created — some industry experts said investors should view it as a warning.
The SEC shouldn't allow mutual fund directors to dump some of their responsibilities onto others.
Registered investment advisers seem to be winning the race to capture the retiring-baby-boomer market, according to Charles "Chip" Roame, managing principal of Tiburon (Calif.) Strategic Advisors LLC, who spoke at the TD Ameritrade Partnership 2008 Conference in Orlando, Fla. this month.
Iowa will be the first state to join an initiative to provide customers with plain-English disclosure on fixed and indexed annuities.
Brokers, not mutual fund companies, should set their own 12(b)-1 distribution fees.
An organization advocating divestment from companies that support the economies in countries perpetrating genocide won an initial victory in bringing their cause to the fund boards of more than two dozen Fidelity funds.
Despite economic concerns, the central bank keeps interest rates unchanged.
Investors are prohibited from withdrawing funds from CSO Partners.
Raymond James has won a $1.75 million arbitration claim against Cantor Fitzgerald.
Officials have testified that the time is right for a federal insurance regulator.
MSRB seeks comments on whether more information about municipals should be disclosed.
Earl E. McEvoy, an asset manager for three of The Vanguard Group’s mutual funds, will retire on June 30.
Morningstar has expanded its ratings coverage to hedge funds.
DTCC has trimmed fees for mutual fund and insurance transactions.
Insurer settles with California over allegedly inappropriate fixed annuity sales.
