Deutsche Bank AG lost more than $400 million on equity derivatives as the stock markets fell in the wake of the financial crisis, two people familiar with the matter told Bloomberg.
The latest data from the Department of Commerce indicate sales of new single-family homes rose slightly in September from August while average home prices fell to their lowest level in almost three years.
At least one portfolio manager claims to be staying one step ahead of the market mayhem, thanks to the stars.
It's understandable that bargain hunters are drawn to beaten-down stocks, but they may be doing themselves a disservice if they don't also consider junk bonds
Recent market volatility is forcing mutual fund managers to pay more attention to how much risk they are taking in their portfolios and to focus more on balance sheets.
Wells Fargo & Co. has made its first foray into socially conscious investing.
The price of an ounce of gold for December delivery increased more than 2% in Friday trading, following a decrease of more than $190 .
Six Democratic House leaders who deal with financial services issues, including Rep. Barney Frank, D-Mass., Friday expressed “outrage” over a news report that some hedge funds have tried to convince companies that service mortgages not to take advantage of legislation aimed at reducing foreclosures, because it would hurt their mortgage investments.
In another sign that the housing turmoil continues to deepen, foreclosure activity surged more than 70% in the third quarter from the same period a year ago, according to the latest data from RealtyTrac of Irvine, Calif.
For some portfolio managers, the upside of all the recent market turmoil is that almost everything suddenly looks cheap.
Wells Fargo & Co.'s anticipated acquisition of Wachovia Corp. will create a new mutual fund behemoth.
Pimco wants to be more than just a fund manager, and plans to expand that message to the retail marketplace.
Believe it or not, some presumably sane and sober investors are looking forward to opening their next mutual fund statement.
Hedge fund data-gatherers have started rolling out the grim numbers from September, a month being dubbed the worst month in the history of the shrinking industry.
The housing crisis showed no signs of rebounding in September as construction of homes dropped to its slowest pace since early 1991, and building permits for new homes fell to their lowest level in almost 27 years.
Invesco PowerShares Capital Management LLC’s emerging markets infrastructure exchange traded fund began trading yesterday, the Wheaton, Ill., firm announced.
If preliminary data on hedge fund redemptions for September are any indication, the $1.9 trillion industry could be scrambling to honor a flood of withdrawal requests at the end of the year.
San Francisco hedge fund MedCap Management & Research LLC and its principal, Charles Toney, were charged today by the Securities and Exchange Commission with reporting misleading results by “portfolio pumping.”
Raymond James & Associates Inc. analyst Paul Puryear upgraded eight real estate investment trusts today in the belief that the recent sell-off in the sector has been overdone.
Shareholders have filed court papers asking the New York State Supreme Court to name a receiver for Reserve Management Co. Inc.’s International Liquidity Fund, in order to organize its liquidation.
