IndyMac files for bankruptcy
The bank has outstanding liabilities of $100 million to $500 million and fewer than 50 creditors, according to the filing.
Securities America names Nagengast president
Jim Nagengast was named president of Securities America Inc., the broker-dealer unit of Securities America Financial Corp.
Global-infrastructure fund goes retail
First American Funds Inc. of Minneapolis is hoping to leverage the growing popularity of infrastructure investing by opening its seven-month-old previously institutional-class mutual fund to retail-class investors.
Tiger 21 and IPI cultivate wealthy – for profit
How's this for a business model: invite really, really rich people to join an exclusive club, charge them not inconsiderable fees, and encourage them to share concerns and investment ideas.
Firms launch infrastructure indexes
Dow Jones and Brookfield Asset's indexes serve as benchmarks of companies that own infrastructure assets.
Structuring of beneficiary designations
Smart advisers don’t rely on a client’s memory about beneficiary designations; they ask to see paperwork.
Manager turned sex offender gets jail time
Billionaire money manager Jeffrey Epstein was sentenced to 18 months in jail for soliciting prostitution.
A rosy small-cap outlook
Optimism characterizes management's thinking at the Natixis Vaughn Nelson Small Cap Value Fund (NEFJX).
Donor fund inflows track volatile market
Economic uncertainty and market volatility are taking donor-advised funds on a roller coaster ride.
