The hunt for alternatives managers is greater than any other type of manager this year, according to a new survey of consultants' expected searches for 2008.
The dollar rose to 1.5341 per euro, the largest gain since March 12, and advanced to 100.04 yen per dollar in trading in Japan.
With stock market volatility on the rise, the time is right for financial advisers to consider convertibles for a place in client portfolios.
Index managers are holding steady despite the market downturn, according to a biannual survey of managers of indexed assets by InvestmentNews' sister publication Pensions & Investments.
With investor confidence in the global financial markets at a severe low point, driven even lower last week by the crumbling of Wall Street giant The Bear Stearns Cos. Inc., planners are facing the challenge of how to maintain clients' confidence in the midst of the credit turmoil.
We are as suspicious of public markets as we are of public toilets.
The index of leading indicators that gauges future business activity fell 0.3% in February, the fifth straight month of decline.
Firms with less than $500 million in assets under management have been most affected, said David DeVoe, senior director of mergers and acquisitions for Schwab Institutional in San Francisco.
W.P. Carey & Co. was accused of selling more than $235 million of an affiliated REIT's shares without a registration statement.
The firm reported first-quarter net income of $1.5 billion, compared with $2.7 billion in the year-ago period.
The index for finished goods other than foods and energy moved up 0.5 percent after a 0.4% increase in January.
AIG will pay $13.5 million to settle an investigation involving its alleged sham reinsurance deal with General Re.
Goldman Sachs and Lehman Brother's profit fell more than 50% in the first quarter but managed to beat Wall Street estimates.
As U.S. markets sink lower, money managers are busy capitalizing on India's booming economy.
National Planning Holdings Inc. posted strong results for 2007, while Conseco Inc. posted a write-down for the fourth quarter.
Pets Best Insurance Services is bringing coverage to man's best friends through banks and employee benefit providers.
Companies holding auction-rate securities have a new escape option: an emerging secondary market for trading the now-illiquid instruments.
Due to a technical error, an old story about Robert R. Carter stepping down from his role as president of NFP Insurance Services Inc., ran in today's INDaily.
Washington Mutual Inc.'s annual shareholder meeting April 15 will be no love fest.
Jackson National Life reported today a 14% earnings increase and $4.1 billion in revenue for 2007.
