College enrollment nationwide is expected to rise, and universities are struggling with the increased enrollment, with on-campus housing capacity falling to 24.8% of undergraduates in 2004.
LONDON — The first active exchange traded funds might be introduced in the United States within the next three to six months, according to sources close to negotiations between the Securities and Exchange Commission and Bear Stearns Asset Management Inc. of New York.
NEW YORK — Insurers are launching marketing blitzes to win the investible assets of the wealthy, but many will fail because they don’t understand how rich people think, some consultants say.
Barclays Global Investors of San Francisco announced today that five iShares exchange traded funds designed to track the FTSE NAREIT Indexes began trading today.
A.G. Edwards & Sons Inc. of St. Louis yesterday settled with the Securities and Exchange Commission over allegations of mutual fund market timing. The firm agreed to pay $2.4 million in disgorgement and $1.5 million in penalties.
UBS AG will close its two-year-old Dillon Read Capital Management hedge fund unit, the bank said today according to published reports.
For the second time in as many months, a Mideastern investor has acquired what it called a “substantial” stake in British bank HSBC Holdings PLC, according to published reports.
JPMorgan Chase & Co is reviewing security protocols after a video posted online showed someone displaying documents found in trash cans containing customers' personal information, according to CNN.Money.com.
The first active exchange traded funds might be introduced in the United States within the next three to six months, according to sources close to negotiations between the Securities and Exchange Commission and Bear Stearns Asset Management Inc. of New York.
Active managers that thrive on volatile markets soon may get their day in the sun. Recent data from Wilshire Associates Inc. in Santa Monica, Calif., show just how long those managers have waited.
Allianz SE noted that first quarter profits grew a hefty 80%, but results were enhanced from the sale of shareholdings in Germany. Net income crested at 3.2 billion euros ($4.35 billion) from 1.78 billion euros in the same period a year ago, reported Bloomberg.
The hedge fund industry grew by a healthy 26% in 2006, despite energy market volatility and several hedge fund blowups, according to Hennessee Group LLC’s 2006 Hedge Fund manager survey.
Japan's Financial Services Agency said today that it will begin monitoring hedge funds that operate in Japan, according to published reports.
The Ave Maria Mutual Funds in Bloomfield Hills, Mich. is replacing a baseball legend with a football legend on its advisory board.
Citigroup Inc. is looking to connect with its clients in a new ad campaign.
Van Eck Associates Corp. of New York today announced it had launched the first exchange traded fund to offer investors exposure to Russian companies.
New York-based Smith Barney’s Consulting Group has launched eight model portfolios that invest in exchange traded funds: the CG Select ETF Allocations.
The Vanguard Group Inc. of Malvern, Pa., has registered to offer an actively managed exchange fund, according to the Wall Street Journal.
RBC Capital Markets has announced that it agreed to acquire Seasongood & Mayer LLC, a Cincinnati-based public finance firm and underwriter of municipal debt.
Bank of America Corp. has threatened to take legal action against ABN Amro Holding NV should it make any attempt to block its plans to buy LaSalle Bank Corp., ABN's Chicago-based subsidiary, according to the Financial Times.
