After being beaten down as a result of the subprime-mortgage mess, junk bonds now look like big winners following last week’s interest rate cut by the Federal Reserve.
With growth-oriented stocks poised to make a comeback, many mutual fund companies may soon be forced to weigh the power of lessons learned from the burst of the dot-com bubble against the allure of growth.
The insurance industry wants Congress to do something about the Byzantine system of state-by-state agent licensing and oversight.
The firm, with $100 million in assets under management, focuses on introducing exchange traded funds.
FRM, a London-based global hedge fund manager, will transition its assets to JPMorgan Hedge Fund Services.
Goldman's Global Alpha managers sent a letter to investors saying they would keep the fund open.
It’s the latest chapter in whether insurers can sue participants in a municipal bond transactions for securities fraud.
NovaStar, the troubled residential lender, will give up its status as a real estate investment trust.
The regulator is probing for relationships between managers, employees, family members and public companies.
Agustin “Gus” J. Fleites is now the president of IndexIQ Advisors, a new asset management subsidiary of IndexIQ.
Marsh & McLennan Cos. stock slipped after Brian M. Storms stepped down as CEO of Marsh Inc. on Friday.
Recent recalls of Chinese products, including poisonous pet food and toys coated in lead paint, are having little effect on red-hot Chinese stocks.
Insurance regulators are joining the attack on investment fraud that targets older Americans.
Despite a downturn in private-equity returns, two new exchange traded funds providing investors access to that space may soon be launched. The proposed ETFs — one from PowerShares Capital Management LLC of Wheaton, Ill., and the other from Barclays Global Investors of San Francisco — would join what is the only private-equity ETF in existence: the PowerShares Listed Private Equity Fund.
U.S. ETF assets rose 13% in August, with inflows of $22.2 billion, according to a report by State Street Global Markets.
High-flying hedgies like to show off their good taste — and extreme wealth — by investing in art.
Craig A. Merdian has joined New York Life International as executive vice president and CFO.
With a recently passed law, the Department of Defense has declared war on bogus financial advisers.
Goldman Sachs flagship hedge fund lost more than 20% of its value in August, its largest monthly fall.
On average, the securities in the SPDR Lehman Municipal Bond ETF index have a credit quality of AA1/AAA.
