Ms. Slevin, a 30-year veteran of the company, will direct more than 1,300 tech professionals in six U.S. locations.
Brokers at Merrill Lynch & Co. Inc. of New York are upbeat about the prospects for their company following the departure of chief executive E. Stanley O'Neal last week.
The Section 529 college savings plan industry is divided over how to raise public awareness of the product.
While many financial advisers continue to criticize and shun equity index annuities, insurance companies that sell the product are trying to improve its tarnished image by focusing on education.
Advisers affiliated with Schwab Institutional are growing at a rate that outpaces the industry average, Charles Goldman, executive vice president, said last Monday in Las Vegas at the custodian's annual conference, IMPACT 2007.
With a strong market capitalization and bright management team in place, the stock of Wridgways Australia Ltd., a trucking and courier company, looked quite attractive to Steven Rogé , co-portfolio manager of the Rogé Partners Fund.
Assets in 130/30-type strategies climbed 77% during the six-month period ended Sept. 30, topping $53 billion, from $30 billion, according to a survey conducted by sister publication Pensions & Investments.
We formed Geller Capital Management LLC in March 2000 with the intention of offering clients a classic growth strategy and a hedged strategy — but that plan was short lived.
U.S. employers added 166,000 workers in October, a sign that the jobs picture remains strong in the face of a housing collapse and the credit crunch.
Sources say the firm has been asking hedge funds to take on mortgage-related securities.
The IRS is investigating how private-equity and hedge fund managers account for themselves.
Millions have the potential to realize additional tax savings by donating securities with long-term appreciation.
The layoffs are part of a global restructuring plan that will cut down on expenses, Aon said in a filing with the SEC.
Sun Life Financial’s U.S. division received the Life Office Management Association Educational Achievement Award.
Americans were making more and spending less in the month of September, according to two reports from the Department of Commerce.
Real gross domestic product out-performed economists’ expectations, rising 3.9% in the third quarter.
Pershing has added Calamos Asset Management to its FundVest no-transaction-fee mutual fund platform.
Citigroup Inc. will buy Carlton Hill Global Capital, a New York-based fixed-income money manager.
To serve RIAs, FundQuest has added Russell products to its managed accounts platform.
August home prices slumped for the eighth consecutive month and consumer confidence took a downward turn in September.
