Ineffective government policy and a lack of clarity on the direction of the economy make the case for a defensive investment strategy, according to Cleo Chang, manager of the Direxion/Wilshire Dynamic Fund Ticker:(DXDWX).
While those of us who are mired deep in the minutia of the recruiting wars feel that the environment is as hot as ever, the trade press reporters who have called me have been asking why the movement has slowed. What's going on?
Texas financier R. Allen Stanford's attorneys said Tuesday that jail has reduced their client to a "wreck of a man" who is severely depressed, forgets conversations, can no longer see out of one eye and believes he is "losing his mind."
Stock market volatility has caused some advisers to shy away from the sexiest life insurance policies — variable universal life and variable life — and to steer clients to a tamer cousin, universal life.
The Roth recharacterization provides one of the few second chances in the tax code. In essence, it's a do-over.
Management at Northwestern Mutual Life Insurance Co. has decided that Russell Investments is not a core asset and is seriously considering putting the $140 billion asset manager up for sale, according to a number of investment bankers and industry observers.
Lawmakers have given the SEC twelve months to perform a slew of studies and propose scores of rule changes. Can it meet the deadlines? Probably, if the agency's plumped-up budget gets approved by Congress-- and soon. That's a big if.
The reality of a sluggish economy is sinking in among advisers.
Investors should prepare for “major structural changes” as the economy shifts to consistently slower global growth, according to Mohamed A. El-Erian, chief executive officer at Pacific Investment Management Co.
Blue-chip stocks are the best place to invest right now, says John Buckingham, chief investment officer at Al Frank Asset Management Inc.
After seven years as editor of this publication, I have come to learn that our readers aren't shy. During that time, I have been on the receiving end of some strongly worded letters and e-mails from subscribers who didn't see eye to eye with me on one of my columns or with an <i>InvestmentNews </i>editorial.
FTC Capital Markets agrees to consent order in case involving Citgo; boss said to be at large
The reality of a sluggish, deflationary economy is sinking in among advisers.
Hartstein believes final rule will be dramatically different than current plan; will it be scrapped?
Charles Schwab Corp. and former executive vice president Charles Goldman agreed to meet with a private mediator next month to discuss $736,000 in severance pay he is seeking following his dismissal in 2008.
Steve Jones and Seth Gunderson have formed Tenacity Investment Group in Longmont, Colo.
Josh Kernan, who oversees sales of alternative investments to investment advisers and their clients at Charles Schwab Corp., is leaving the company after 16 years to start a new firm.
Pimco places an $8.1B options wager that the U.S. won't experience a long period of falling prices. Says one exec at the fund firm: A decade of deflation is 'remote.'
In the wake of news about a spike in new applications for unemployment benefits comes another potentially troubling sign: A record number of workers made hardship withdrawals from their retirement accounts in the second quarter.
