Legg Mason Inc., the money manager that has struggled with more than five years of net redemptions, said it will buy QS Investors, a global quantitative equity firm.
It's a smart investing bet, but it's not happening because investors have become savvy. Retirement plans are becoming more sophisticated, putting investors into more global holdings.
On Friday's menu: Barclays hits back on dark pool charges. Plus: Seeing the markets through the eyes of regular investors, why young folks should embrace bear markets, discount retailers set to shine, another cheap swipe at mortgage interest deductions, and the SEC hasn't forgotten about those pesky high-speed traders.
The definition of an asset bubble is record demand for an asset class at a time when the expected return is at the lowest.
Charges against trader are sign of prosecutor's willingness to criminalize financial industry disputes formerly relegated to contract litigation
New deals are being announced, while others are being completed.
Complaints filed against brokers for inappropriate investments after money moved into IRAs.
Robert Reynolds, who built the industry's biggest 401(k) business while at Fidelity Investments, is seeking a reprise
Public pressure on Finra's expungement process has arbitrators thinking twice about erasing disclosure events, attorneys on both sides agree.
The jaw-dropping $30M estate tax bill facing the heirs of late actor James Gandolfini will likely trigger litigation, predicts one estate attorney.
As hockey great Wayne Gretzky would say, play your asset allocation where the Federal Reserve is going. That means U.S., European and emerging market equities.
<i>Breakfast with Benjamin:</i> What bond investors can learn from Lebron James. Plus: Gold: It all depends on the Fed; commodities as a geopolitical hedge; investing in women; and golf stocks come up short.
One mom's advice: If you don't start saving now, your old age is going to look like college, ramen noodles and all.
ConocoPhillips, Abbott Labs tops the list while Facebook, Whole Foods are least generous.
With addition of nearly 1,100 retirement plans, firm's assets under administration for DC plans reaches $1.4T.
Plus: Credit Suisse exits the commodities trading business, Allianz stands by Bill Gross, silver has a golden summer run, three taxes we can all dislike together, and don't let tourist scams rain on your vacation
The investment research firm will pay Business Logic for the software company's intellectual property.
If advisers can recognize the signs that clients are unhappy and ready to bolt, they can take steps to try and salvage the relatonship
Husband's retirement ushers in a new era for <i>InvestmentNews</i> contributing editor.
