The Association for Advanced Life Underwriting has created a political action committee, the organization announced.
Broker-dealer executives whose firms clear trades through and use the custody services of Bear Stearns Securities Corp. say that their fears have been calmed for the moment by the deal under which JPMorgan Chase & Co. will acquire parent company The Bear Stearns Cos. Inc.
Deepen client relationships and outside resources through a client advisory board.
The Hennessee Hedge Fund Index declined 1.9% last month and is off 3.5% year-to-date through March 31.
Four in 10 American adults are holding off on major life decisions because they are worried about the economy.
Having watched the as-sets under management in the <b>Henderson International Opportunities Fund</b> (HFOAX) double to $3.9 billion over the past year, manager Iain Clark is satisfied that the portfolio was positioned in advance to handle the flood of inflows.
If U.S. mutual funds are going to compete effectively in the international marketplace, a new global fund model needs to be created, according to the fund industry's leading trade group.
Despite the recent turmoil throughout the financial markets, the hedge fund industry appears to be alive and well, according to the latest calculations showing that the number of funds grew by 14.5% last year, but some say the data may be suspect.
Since the tax laws are so complex, and often inconsistent, it's no wonder that the tax treatment of investment management fees varies widely.
SEC commissioner Paul S. Atkins is continuing his campaign for a "new-product czar" to shepherd products through the agency's Byzantine approval process.
