The global economic crisis could turn out to be a blessing in disguise for the ever-expanding managed-accounts industry.
Guiding investors through the financial crisis has taken a toll on financial advisers, leading some to question their abilities, rethink their investment strategies and even take up yoga.
Managed accounts industry assets fell by 7% during the first three months of the year to $1.2 trillion, according to the Money Management Institute in Washington.
Hedge funds gained almost 4% in April, but failed to keep pace with the surging broad market indexes.
An analysis of the hedge fund industry’s first-quarter activity indicates that the $1.3 trillion industry is stabilizing, according to Credit Suisse/Tremont Hedge Fund Index LLC in New York.
These are difficult times for the mutual fund industry, which makes consideration of publicly traded fund companies as investments particularly nerve-racking.
The initial public offering market appears to be awakening from its slumber.
A little more than a week after they were first issued, sales of Build America Bonds have reached nearly $10 billion and are climbing.
For those determined to put their money where their passions are, the world of environmentally conscious investing offers a growing list of opportunities.
