Investing

Displaying 13144 results
MUTUAL FUNDS OCT 26, 2008
Wells Fargo launches socially conscious fund

Wells Fargo & Co. has made its first foray into socially conscious investing.

ALTERNATIVES OCT 24, 2008
Gold prices rise more than 2%

The price of an ounce of gold for December delivery increased more than 2% in Friday trading, following a decrease of more than $190 .

ALTERNATIVES OCT 24, 2008
Democratic leaders angry with hedgers

Six Democratic House leaders who deal with financial services issues, including Rep. Barney Frank, D-Mass., Friday expressed “outrage” over a news report that some hedge funds have tried to convince companies that service mortgages not to take advantage of legislation aimed at reducing foreclosures, because it would hurt their mortgage investments.

ALTERNATIVES OCT 23, 2008
Foreclosures rocketed 70% in third quarter

In another sign that the housing turmoil continues to deepen, foreclosure activity surged more than 70% in the third quarter from the same period a year ago, according to the latest data from RealtyTrac of Irvine, Calif.

MUTUAL FUNDS OCT 19, 2008
Managers' cash weighting drops along with market

For some portfolio managers, the upside of all the recent market turmoil is that almost everything suddenly looks cheap.

MUTUAL FUNDS OCT 19, 2008
Wells acquisition will produce fund giant

Wells Fargo & Co.'s anticipated acquisition of Wachovia Corp. will create a new mutual fund behemoth.

MUTUAL FUNDS OCT 19, 2008
Pimco spreads its wings and looks beyond its strengths

Pimco wants to be more than just a fund manager, and plans to expand that message to the retail marketplace.

MUTUAL FUNDS OCT 19, 2008
Super-bear funds roar to life

Believe it or not, some presumably sane and sober investors are looking forward to opening their next mutual fund statement.

ALTERNATIVES OCT 17, 2008
Hedge funds flail in third quarter

Hedge fund data-gatherers have started rolling out the grim numbers from September, a month being dubbed the worst month in the history of the shrinking industry.

ALTERNATIVES OCT 17, 2008
Home starts drop to 17-year low

The housing crisis showed no signs of rebounding in September as construction of homes dropped to its slowest pace since early 1991, and building permits for new homes fell to their lowest level in almost 27 years.

ETFS OCT 17, 2008
Invesco unveils emerging markets ETFs

Invesco PowerShares Capital Management LLC’s emerging markets infrastructure exchange traded fund began trading yesterday, the Wheaton, Ill., firm announced.

ALTERNATIVES OCT 16, 2008
Hedge funds clipped by manic market

If preliminary data on hedge fund redemptions for September are any indication, the $1.9 trillion industry could be scrambling to honor a flood of withdrawal requests at the end of the year.

ALTERNATIVES OCT 16, 2008
‘Portfolio pumping’ scheme foiled by SEC

San Francisco hedge fund MedCap Management & Research LLC and its principal, Charles Toney, were charged today by the Securities and Exchange Commission with reporting misleading results by “portfolio pumping.”

ALTERNATIVES OCT 16, 2008
Analyst decries REITs sell-off

Raymond James & Associates Inc. analyst Paul Puryear upgraded eight real estate investment trusts today in the belief that the recent sell-off in the sector has been overdone.

MUTUAL FUNDS OCT 15, 2008
Receiver sought for Reserve International fund

Shareholders have filed court papers asking the New York State Supreme Court to name a receiver for Reserve Management Co. Inc.’s International Liquidity Fund, in order to organize its liquidation.

ALTERNATIVES OCT 15, 2008
MFA decries call for hedge fund ban

The $1.9 trillion hedge fund industry has gone on the defensive following a recent statement by Italian finance minister Giulio Tremonti, who suggested a move to abolish the alternative-class investments in Italy.

ALTERNATIVES OCT 14, 2008
Permal to raise $500M for distressed debt

The Permal Group, a hedge fund group owned by Legg Mason Inc., plans to raise up to $500 million to purchase distressed hedge fund holdings.

FIXED INCOME OCT 14, 2008
MSRB announces senior management changes

The Municipal Securities Rulemaking Board has promoted two staff members to new roles and hired a new member to its senior management team.

FIXED INCOME OCT 14, 2008
U.S. to buy equity stakes in major banks

In an effort to breathe life into the struggling economy, the Treasury Department will inject $250 billion into banks, while the FDIC took steps to help depositors.

MUTUAL FUNDS OCT 14, 2008
Primary Fund distribution delayed

The Reserve announced yesterday that the distribution from the liquidation of the Reserve Primary Fund would not happen within the time frame previously planned.