Residential real estate prices gained 1.6% in May, representing the largest one-month increase since July 2005, according to an analysis by Integrated Asset Services in Denver.
Global hedge fund assets will return to their 2007 peak level of $2.9 trillion by 2013, according to the latest research from Cerulli Associates Inc. in Boston.
Last month, 15 bond issuers were downgraded to speculative grade (BB+ and lower) from investment grade (BBB- and higher), the third-highest monthly tally of “fallen angels” since Standard & Poor's Financial Services LLC began keeping track in 1987, according to a report today from the New York-based rating agency.
Investors should prepare for a roller-coaster ride for the rest of the year as equity markets struggle to make headway.
The chairman of the House Financial Services Committee says that Congress will substantially increase the power of government regulators to monitor derivatives, a type of financial instrument that contributed to the U.S. economic turmoil.
Ameriprise Financial Services Inc. of Minneapolis has agreed to pay $17.3 million to settle charges that it received nearly $31 million in undisclosed compensation for selling its brokerage customers real estate investment trusts between 2000 and 2004, the Securities and Exchange Commission announced today.
Hatteras Funds has entered into an agreement to acquire Alternative Investment Partners LLC, which manages the AIP Mutual Funds.
The hedge fund industry experienced gains in the first half of the year, according to data released today by Hennessee Group LLC of New York.
Private-equity firms continue to struggle to raise funds as the recession wears on, according to a report today in the Dow Jones Private Equity Analyst newsletter.
Non-profit organizations are embracing target date funds and a majority of 403(b) plan sponsors have begun offering these funds in their plans, a study released today showed.
While new mutual fund launches are lagging last year's total, fund firms continue to introduce new products, even in the down market.
In a move to increase awareness of its large-cap mutual funds, Lord Abbett & Co. LLC announced today it has changed the names of four of its large-cap offerings and lowered the expense ratio on one of them.
American International Group Inc. today sold most of its ownership in its Russian consumer bank subsidiary.
Despite the downturn in the economy, the number of health savings accounts and assets held in the plans continue to grow, a new study released today showed.
Through the passage of the American Recovery and Reinvestment Act, the government has created Build America Bonds.
Target date life cycle funds, one of the most successful investment innovations of the past generation, have come under intense scrutiny — from Congress, regulators and the media.
Target date funds are ripe for regulation — a conclusion made abundantly clear at a joint Department of Labor and Securities and Exchange Commission hearing this month dissecting these popular retirement funds.
Real estate managers are making a mad scramble to raise cash.
Although financial advisers have been leery of life insurance with long term care benefits, the products appear to be generating interest among consumers trying to insure against multiple risks and search for a place to store assets, according to a new study.
