Total assets under management of the largest 500 money managers in the world edged 4.4% higher in 2010, to $64.7 trillion, according to the annual Pensions & Investments/Towers Watson World 500 ranking
The proposed elimination of the mortgage-interest tax deduction for second homes will smack a number of states. Here's a look at how each state will fare -- and the additional amount homeowners could pay Uncle Sam. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20111025&Kategori=FREE&Lopenr=102509999&Ref=PH>The best-performing housing markets</a>
Recent market volatility is prompting Congress to examine the role ETFs may play in the gyrations. At the same time, ETF vendors are squabbling over the best way to dampen the risks arising from the popular funds.
Allege legitimate claims disallowed while trustees rake in excessive charges; 'customer is always shorted'
Patrick Cruickshank is one of at least four former Stanford Group Co. financial advisers and executives who may be sued by U.S. securities regulators for fraud, according to the Financial Industry Regulatory Authority Inc. and a lawyer for the brokerage's underwriter.
Market gyrations, low interest rates forces company to scale back; life insurance also nixed here
Connecticut has highest per capita income, but plenty of poor folks; solidly middle class now 'solidly hurting'
Uncertainty about what Congress does in 2012 confounding clients, tax planners; 'lot of unhappy people'
The Securities and Exchange Commission has started targeting investment advisers who have lied on their registration forms
Surprisingly, an exclusive <i>InvestmentNews</i>poll shows that nearly 40 percent of advisers support the anti-Wall Street movement. But an even larger percentage say nothing will come of the protests.
Sun Life Financial Inc.'s hybrid whole-life and long-term-care product came out just last month, but the insurer is champing at the bit to build market share in a space currently dominated by just a select few.
Falling investment returns, rising costs of necessities has pre-retirees cutting back on prescriptions, skipping doctors' appointments, study finds
New Hampshire and Alaska are home to the most financially savvy residents in the United States.
Pacific West Securities is the latest indie broker-dealer to be closing up shop. The firm's 300 or so reps have a place to land, however, and will be moving to Multi-Financial Securities | <a href=http://www.investmentnews.com/apps/pbcs.dll/articleAID=/20110228/CHART02/110229947>Downed B-Ds since March 2010 &raquo;</a> <b>Buzz:</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111202&Category=FREE&ArtNo=120209999&Ref=PH>Secrets of less successful advisers &raquo;</a>
B-D failed to supervise adequately ex-rep in Oregon who flogged the investments; some clients in their 80s
MF Global's collapse into bankruptcy last week threw yet another monkey wrench into the sale of regional brokerage firm Morgan Keegan & Co. Inc., which declines in value as time passes, industry recruiters said
Potential buyers said to have lowered bids substantially in wake of bankruptcy of Jon Corzine's B-D