Fifth Third Bancorp announced on Thursday that it is selling its money-market fund operations. Given that scale is crucial in a business currently crimped by low-interest rates and a regulatory clampdown, you can bet more regional banks will follow suit.
Fund giant reduces expense ratios on its $21 billion emerging-markets fund, five others
Technical signals indicate precious metal may be less precious in the next few days
Will bring in its own team as replacement; another loss for giant fund firm
The late Howard Schow co-managed the $30 billion Vanguard Primecap fund since its inception almost 30 years ago
Berkshire boss says investors should steer clear of Treasuries; he's not big on gold, either
Junk bonds are becoming more attractive compared with stocks as relative yields on the debt soar to a two-year high and a U.S. recession becomes likelier, according to JPMorgan Chase & Co.
Forecasting a solid rally after a bad first quarter; recent tailspin 'was not fully justified'
Prospects for return on equities compared to debt 'as good as they have been in a generation'
Stop us if you've heard this one before: Another nontraded REIT -- this time, Cornerstone Core Properties -- has seen its value plummet. How far? After a repricing, the real estate trust shed 72% of its worth.
Demand for alternative investments is on the rise, with clients eager to funnel money into real estate, private placements and hedge funds. But with nagging custody issues, plus regulatory warnings, few advisers can meet the growing number of requests.
Currensee offers retail investors the chance to mimic currency strategies of professional traders
In a survey of asset managers conducted by Cerulli Associates Inc., when given a list of strategies, none of those strategies was designated as alternative by all of the respondents
