Investing

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ALTERNATIVES APR 26, 2009
Financial advisers help clients cope with plummeting house prices

Dealing with the declining value of their clients' homes, financial advisers are adjusting retirement plans and coming up with new ways to compensate for the wealth loss.

By Lisa Shidler
FIXED INCOME APR 26, 2009
New Build America Bonds are the hot muni investment

A little more than a week after they were first issued, sales of Build America Bonds have reached nearly $10 billion and are climbing.

By Jeff Benjamin
ALTERNATIVES APR 23, 2009
Hennessee charged in Bayou hedge fund case

Investment adviser Hennessee Group LLC and its principal, Charles Gradante, have been charged with securities law violations by the SEC for failing to perform an advertised review and analysis before recommending Bayou Management LLC hedge funds that were later discovered to be a fraud.

By Sara Hansard
ALTERNATIVES APR 21, 2009
Fed support, higher gas prices making alternative energy attractive to investors

Government support of a green economy and the likelihood of rising oil prices are creating opportunities in alternative energy, according to Calvert Asset Management.

By Sue Asci
ALTERNATIVES APR 21, 2009
Morningstar: Hedge funds score small gains

Hedge funds posted small gains last month following the rally in the equity market, according to a Morningstar report released today.

By Bloomberg
ALTERNATIVES APR 21, 2009
Hedge fund assets expected to dip to $1T by midyear

Global hedge fund assets are expected to fall to $1 trillion by midyear, down from $1.4 trillion at the end of 2008 and a peak of $1.868 trillion in 2007.

By Sue Asci
MUTUAL FUNDS APR 20, 2009
S&P passive funds trumped active over past five years

Passively managed funds outperformed actively managed funds across all categories during the past five years according to Standard & Poor’s Index Services, which was released today.

By Sue Asci
EMERGING MARKETS APR 19, 2009
Emerging markets attracting interest

A little more than one-third of private-equity investors without exposure to emerging-markets funds plan to invest in such funds within the next two years, according to a new survey conducted by Coller Capital and the Emerging Markets Private Equity Association.

By Arleen Jacobius
FIXED INCOME APR 19, 2009
Convertible bonds are enjoying a good run

After getting beaten to a pulp last year, convertible bonds are making a comeback.

By David Hoffman
EQUITIES APR 19, 2009
Spike in financial stocks stirs hopes for big banks

Financial stocks have made a remarkable comeback in the past month, leaving advisers to make a hard call: Are banks regaining their health after the yearlong shellacking that they have endured?

By Sue Asci
ALTERNATIVES APR 19, 2009
Schwab webcast to address its revised alternatives plan

The Charles Schwab Corp. has scheduled a webcast Thursday to brief registered investment advisers on its revised plans to wind down custody of alternative investments.

By Jed Horowitz
MUTUAL FUNDS APR 19, 2009
Class C shares set to go the way of the dodo

The mutual fund industry is poised to do away with Class C mutual fund shares, even though the Securities and Exchange Commission gave them a reprieve by moving to table reforms.

By David Hoffman
ALTERNATIVES APR 19, 2009
Advisers are wary of the federal toxic-debt program

The government's Public-Private Investment Program — designed to remove bad assets from bank balance sheets and promote lending — will help turn around the economy in the short run, but perhaps not long-term, according to financial advisers.

By Sara Hansard
ETFS APR 17, 2009
Stock mutual fund outflows increase for week

Equity funds investing primarily in U.S. stocks had a net outflow of $3 billion, reversing the previous week’s inflow of $3.2 billion, TrimTabs reported.

By Sue Asci
ALTERNATIVES APR 16, 2009
World Trade Center reconstruction may be postponed

By Associated Press
ALTERNATIVES APR 16, 2009
Ex-state party leader and hedge manager charged in kickback scheme

The Securities and Exchange Commission has filed an amended complaint charging a former state political party leader and a hedge fund manager in connection with a multimillion-dollar kickback scheme involving New York's largest pension fund.

By Bloomberg
ALTERNATIVES APR 16, 2009
U.S. foreclosures up 24% in first quarter

The number of American households threatened with losing their homes grew 24 percent in the first three months of this year and is poised to rise further as major lenders restart foreclosures after a temporary break, according to data released today.

By Bloomberg
MUTUAL FUNDS APR 15, 2009
Mutual fund investors paid $15.8B in taxes on distributions in '08

Mutual fund investors paid $15.8 billion in taxes last year for distributions, according to a report released today by Lipper Inc. of New York.

By Sue Asci
ETFS APR 15, 2009
Health care sector ETFs offer a port in the storm

By jmancuso
MUTUAL FUNDS APR 15, 2009
American Funds seeks OK to merge two money market funds

American Funds plans to send out proxy statements next week to shareholders of its money market mutual funds seeking approval to merge two of the funds and convert one to a short-term bond fund.

By Bloomberg