Peter Cieszko, current president of global distribution, will be named to the position, replacing Dennis Ferro.
Home prices in the second quarter fell nearly six percent from the previous year. That's bad news for clients looking to sell right now.
Homeownership rate now below 60%; opportunity for real estate investors?
New York tops the list, according to latest data; average cost up, Dodd-Frank blamed
Fund giant will slash management fee if property fund loses money; come-on could help firm raise funds in already crowded market
Yield-seekers take note: a survey by Bankrate found dozens of financial instutions that offer accounts with extremely high interest rates. And no, they're not jumbos.
Fund firms, individuals cut back dramatically on holdings of tax-exempt debt
Financial advisers have a new online tool to help show clients what effects rising interest rates will have on their municipal bond holdings
Contrary to all the doom and gloom coming out of the housing industry these days, the commercial real estate market is alive and well, and real estate investment trusts are enjoying a historic rally.
Famed investor bullish on the Orient, including hot spots in Southeast Asia
What is the cost in portfolio performance if an investor's retirement, education or other goals come before the market ultimately resumes its upward course?
The 9.0-magnitude earthquake that devastated Japan is likely to leave buying opportunities in its aftermath — even as certain economic indicators point in the opposite direction
Given the continuing exodus of its sales executives, struggles with fund outflows and an unexpected $74 million in compensation-related expenses disclosed this month, Legg Mason Inc. has many doubting that it will hit its goal of increasing operating margins to 30% by early next year
With the exception of farmland, investors should keep their expectations for investment returns low for at least the next 10 years, according to Robert Shiller, an economics professor at Yale University
Ratings agency drops New Jersey down a peg; 'expect to see downgrades on almost everything this year'
Connecticut -- yes Connecticut -- now a worry; insurers cutting back on tax-exempt holdings, too
Yes, California has problems. But Illinois has a budget gap the size of Lake Michigan. Not surprisingly, the cost of insuring bonds from the Land of Lincoln is surging. Muni bond investors, take note | <a href=http://www.investmentnews.com/article/20101228/CHART/101229956>Schiff: Muni meltdown near</a>
Hedging the risks of the stock market means taking the stock market out of the equation for Tom Florence, manager of the 361 Absolute Alpha Fund.
Mutual fund companies are bracing for the expected passage this month of a proposed Securities and Exchange Commission rule that they say would completely undermine their internal compliance processes
