The former head of an Idaho hedge fund firm pleaded guilty to securities fraud, according to published reports.
Global Alpha, Goldman Sachs’ flagship hedge fund, fell 3.4% during the first four months of this year.
London-based HSBC, Europe’s biggest bank, has created a $100 million partnership to study the impacts of climate change.
New York Life Retirement Plan Services is taking a page from retailers like Amazon.com Inc. in order to better understand and predict employee retirement planning behavior.
A new 401(k) plan featuring iShares ETFs from Barclays Global Investors is now available.
State Street Global Advisors announced five new fixed-income SPDR ETFs will begin trading on the American Stock Exchange tomorrow.
New York Life Insurance Co. has announced promotions in its general counsel department.
Paul S. Atkins, a commissioner of the SEC, is in line to head up the Commodity Futures Trading Commission, the Financial Times reported.
A group of banks led by the Royal Bank of Scotland Group has formally launched a $95.6 billion bid for ABN Amro Holding.
WASHINGTON — The Securities and Exchange Commission is on a roll in the courts — but not a good one.
Many advisers do not want to be assigned clients or territories based on their race, national origin or other personal traits — but they are comfortable with relationships that evolve naturally from those factors.
RiverSource Funds — formerly American Express Funds — ranked as last year’s third-best-performing mutual fund group by one measure and now is waging a battle to improve its image and reverse investor outflows by sometime next year.
Arbitrageurs looking to profit from the annual reconstitution of the small-cap Russell 2000 Index next month will have a more difficult time of it this year, according to some industry experts.
PHILADELPHIA — First Trust Advisors LP is betting that investors will want exchange traded funds that seek alpha.
One-third of investment management firms will increase their use of outsourcing over the next two years.
Pioneer Investments today has launched the Pioneer Diversified High Income Trust.
JPMorgan Asset Management is now the world’s largest hedge fund managers, according to Alpha Magazine’s 2007 list of “The Hedge Fund 100.”
Two hedge fund managers have joined forces with scientists to launch a $1 million prize for cancer research.
Aon Corporation announced today that chief financial officer David P. Bolger will leave the Chicago-based insurance broker after the appointment of his successor.
Lipper Inc. of New York announced today it has created a suite of target-risk fund benchmarks made up exclusively of exchange traded funds.
