PHILADELPHIA — Rydex Investments is emphasizing its exchange traded funds in talks with firms interested in acquiring the company, according to sources.
BOSTON — Gerald Sullivan’s Industry Leaders Fund boasts Lipper Leader designations, four stars from Morningstar Inc., a solid eight-year-plus track record and an investment process patented by the U.S. government.
Borrowers are turning to other providers, but don’t expect banks to die out any time soon, the Fed chief said today.
Columbia Acorn has increased the minimum initial investment for Columbia Acorn Select accounts from $50,000 to $100,000.
Taxing some private equity firms as corporations could result in the funds themselves being taxed the same way.
Barclays Global Investors of San Francisco has launched the iShares Dow Jones EPAC Select Dividend Index ETF on NYSE Arca today.
Lehman Brothers Holdings Inc. said that it has raised $1.5 billion for its new Lehman Crossroads Fund XVIII fund-of-funds.
Morgan Stanley is looking at investing in between two and three fund-management companies in China, according to MarketWatch.
Brokers at A.G. Edwards and Wachovia Securities got details of their retention packages today.
Marsico Capital Management founder and chief executive Thomas F. Marsico has agreed to buy back management firm from Bank of America.
