Index managers are holding steady despite the market downturn, according to a biannual survey of managers of indexed assets by InvestmentNews' sister publication Pensions & Investments.
We are as suspicious of public markets as we are of public toilets.
With investor confidence in the global financial markets at a severe low point, driven even lower last week by the crumbling of Wall Street giant The Bear Stearns Cos. Inc., planners are facing the challenge of how to maintain clients' confidence in the midst of the credit turmoil.
For nearly a decade, Jon E. Drucker has been a thorn in the side of Ameriprise Financial Inc.
Firms with less than $500 million in assets under management have been most affected, said David DeVoe, senior director of mergers and acquisitions for Schwab Institutional in San Francisco.
The index of leading indicators that gauges future business activity fell 0.3% in February, the fifth straight month of decline.
The firm reported first-quarter net income of $1.5 billion, compared with $2.7 billion in the year-ago period.
W.P. Carey & Co. was accused of selling more than $235 million of an affiliated REIT's shares without a registration statement.
AIG will pay $13.5 million to settle an investigation involving its alleged sham reinsurance deal with General Re.
The index for finished goods other than foods and energy moved up 0.5 percent after a 0.4% increase in January.
Goldman Sachs and Lehman Brother's profit fell more than 50% in the first quarter but managed to beat Wall Street estimates.
As U.S. markets sink lower, money managers are busy capitalizing on India's booming economy.
Pets Best Insurance Services is bringing coverage to man's best friends through banks and employee benefit providers.
National Planning Holdings Inc. posted strong results for 2007, while Conseco Inc. posted a write-down for the fourth quarter.
Ambrose Bierce, the famous American journalist, defined the word "oath" as a "solemn appeal to the deity, made binding upon the conscience by a penalty for perjury."
Companies holding auction-rate securities have a new escape option: an emerging secondary market for trading the now-illiquid instruments.
Due to a technical error, an old story about Robert R. Carter stepping down from his role as president of NFP Insurance Services Inc., ran in today's INDaily.
In this election year, no one is discussing the elephant-in-the-room problem that is devouring an ever-larger share of the nation's federal budget — Medicare.
Washington Mutual Inc.'s annual shareholder meeting April 15 will be no love fest.
