Goldman Sachs Group Inc.'s flagship hedge fund fell 8% during the last week of July, according to Financial News.
Hennessee Group has been cleared in a lawsuit filed by a client who lost money in the collapsed hedge fund Bayou Group LLC.
Van Eck Global announced that it will launch an exchange traded fund based on nuclear energy.
It’s FINRA, and it’s final. But the name of the self-regulatory organization formed by the consolidation of NASD’s and the New York Stock Exchange’s regulatory units is drawing a new wave of criticism.
How do you get a twentysomething to learn about saving and investing?
Financial advisers who use a BlackBerry or other smart phone soon will be able to access a wider range of financial tools and applications.
The Investment Management Consultants Association’s decision to offer the chartered private wealth adviser designation makes industry participants wonder if the credential will fill a need or merely add to the alphabet soup of designations already available.
NEW YORK — In a break with its past, Waddell & Reed Inc. will offer its advisers updated technology and next year will introduce a new outside platform for its top 300 or so registered representatives, company executives said last week.
SAN FRANCISCO — When Melissa Ma, Laure Wang and Rebecca Xu decided to strike out and form a new fund-of-funds firm focused on private equity in Asia, they opted to invest first and raise a fund second.
After a change of course following three turbulent years, SEI Investments Co. is once again winning assets from financial advisers.
