After more than seven years of tapping into the Internet for the best stock pickers who are willing to run a virtual portfolio, Marketocracy Inc. has produced a top-tier mutual fund that is loosely subadvised by an eclectic group of individuals, most of whom have no connection to Wall Street.
Bond insurers are in talks with banks, looking to wipe away some $125 billion of insurance on debt securities.
In a move that likely will make environmentalist and actor Ed Begley Jr. proud, financial services firms are taking steps to make their offices green.
A handful of exchange traded funds are looking to give investors access to frontier markets, or countries that are less developed than traditional emerging markets.
Ten years after the Department of Labor gave its blessing to socially conscious investments in defined contribution plans, the area finally has come of age.
Economic uncertainty and market volatility are taking donor-advised funds on a roller coaster ride.
Legislation that would require municipal bonds to be rated similarly to corporate bonds was introduced today in the House.
Investors put more than $75 billion into mutual funds in May, as stock, bond and money market funds reported positive inflows.
Hedge funds posted positive returns in May, despite growing concerns that inflationary pressures and spiking oil prices would hinder growth rates.
Barclays PLC might receive about $927 million from Sumitomo Mitsui Financial Group Inc. to bolster its depleted balance sheet.
Crude oil prices soared today on the news of an Israeli Air Force exercise that experts say was a show of force aimed at Iran.
Target date funds are benefiting from the requirement that 401(k) plans include qualified default investment alternatives.
The deal would transform Apria Healthcare into a private company wholly owned by Blackstone and its affiliates.
The firm issued a statement at a shareholders’ meeting at which Investors Against Genocide had raised the issue through shareholder proxy voting.
The firm's Micro Cap Value Fund and International Opportunities Fund will close to new retail investors June 30.
The company invests in mortgage-backed securities that are backed by government-sponsored agencies.
The ETNs are designed to track the short and leveraged performance of base metals and oil.
Infrastructure investing is the new name of the game for the Phoenix Global Utilities Fund (PGUAX), which will become the Phoenix Global Infrastructure Fund, effective Aug. 18.
Performance fees appear to deliver what they promise, at least by a little, according to a study by New York-based research firm Lipper Inc.
“Invest as I say, not as I do,” is the philosophy of many fund managers, according to a study by Morningstar.
