When it comes to passive versus active fund management, investors seem to be voting with their feet. No fund has felt the effects more than American Funds Growth Fund of America. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20120116&Category=FREE&ArtNo=116009999&Ref=PH>Fund families that bet big on their own funds &raquo;</a>
Hedge fund manager expects run on financial institutions in Spain, Greece and Italy; Latvia was coming attractions
HSBC unit files suit over disposition of five bars of bullion; 'these bars are mine,' says client
Total Return Fund boss reverses course, boosts holdings of government paper to 30%
Famed boss of Value Trust on a losing streak; to stay on as head of capital management unit
Avoid paying the IRS using complicated stock sale strategies; effective tax rate for billionaires now down to 18%
The Public Company Accounting Oversight Board voted today to charge fees on 640 B-Ds to help pay for examinations of their auditors. Non-custodians may get off the hook, though.
The upstart network of Broker-Dealers was launched barely two years ago, amid an industry shakeout no less. But in that time, the firm has found solid footing, pulling off a string of acquisitions. Yesterday, Cetera struck again, acquiring Genworth's B-D and its 2,000 advisers.
