Turmoil in the credit markets will take a big bite out of hedge fund managers' bonuses this year, according to a report.
The addition of the 26 funds is the result of the recent Bank of America acquisition of U.S. Trust Corp.
Financial advisers shouldn’t focus on the big picture of 78 million baby boomers charging toward retirement, but as a gradual evolution, said Oppenheimer Funds economist Brian Levitt.
SmartDraw.com launched SmartDraw 2008, the company’s latest version of business graphics software.
Richard M. Reilly, Michael Gilotti and Mathew Greenwald were honored and six new board members were added.
Laserfiche, of Long Beach, Calif. officially rolled out its new Intuition Pro document management system.
Individual annuity sales increased 6% in the second quarter to a record of $66.5 billion over the same period in 2006.
The iShares S&P National Municipal Bond Fund from Barclays Global Investors won’t be the last.
Hedge funds lost 1.31% in August, marking the first negative returns since July 2006, according to HFR.
Seniors may want to sell their homes and move in with relatives as a way to reduce overhead expenses.
