PFM Group, owner of the largest investment adviser in the U.S. municipal bond market, bought a smaller competitor co-owned by Lois Scott, Chicago Mayor Rahm Emanuel's new chief financial officer.
Going where the growth is high and the debt is low; buying a ton of won
Commodities remain one of the hottest asset-classes going. For the fifth straight month, investments in real stuff -- natural resources, minerals and food -- handily beat stocks, bonds and greenbacks.
Small-town resident has raked in $21M in four separate jackpots. Mathematicians put the odds of this happening at 18,000,000,000,000,000,000,000,000 to 1. That's a lot of zeros.
Banks come a cropper, as farmers buy back acreage at a fraction of the price they sold it for.
Here, you'll find the top ten SMAs across six different categories, with data provided to InvestmentNews exclusively by Prima Capital.
Nathan Behan, a senior investment analyst at Prima Capital Holdings, outlines some key recent and long-term trends in the markets in an economic report and analysis on the first quarter
Wells Fargo & Co. has cut the number of regional managers — and operating regions — in its wealth management division to better integrate the investment advisory business it inherited from Wachovia Corp.
A Massachusetts federal court judge has quashed a motion by Prudential Insurance Co. of America to dismiss a lawsuit alleging that the insurer had wrongfully held on to veterans' death benefits instead of paying them out in a lump sum
Wells Fargo dramatically rejiggered its regional management set-up — with five execs losing their positions. According to a bank spokesman, the move is intended to help Wells 'realize the efficiencies of the merger with Wachovia.' One of those efficiencies: Cross-selling to Wachovia clients.
The Fed Reserve's quantitative easing is finally about to end. S&P analyst Michael Souers says this could be a real a boost for Treasuries with less lengthy maturities. Retirees, take note.
Apparently, investment officials for Longhorn endowment not overly bullish; also invest for Texas A&M
Hiked margin requirements, plus slowing global economy, triggering biggest drop in futures prices since 1983
The booming emerging economies of greater Asia have been a powerful investment theme for several years now, and China has represented the biggest lure of all
They suddenly begin focusing on retirement income, says adviser at the InvestmentNews Retirement Income summit
President lambasts Republican resistance to raising rates on the wealthy
Midsize variable annuity writers such as John Hancock Life Insurance Co., Lincoln National Corp. and Transamerica Life Insurance Co. are expected to give the biggest sellers a run in the race for market share this year
About half of the assets in our variable annuity portfolios are in passive funds, which are easier to hedge
Recruiters say laid off trainees and low producers won't have trouble lining up work
Robert W. Baird & Co. Inc. is opening up an office in Salt Lake City to offer financial advice with the help of Dean Cottle, a veteran wirehouse complex manager from Morgan Stanley Smith Barney LLC.
