Like Goldilocks, financial advisers can't seem to find many new retirement income products that are "just right."
More than 400 executives from 50 mutual fund and financial services companies are expected to raise $650,000 June 12 at the 14th annual Expect Miracles Golf Classic, sponsored by Mutual Funds Against Cancer.
The hedge fund industry wants parity with mutual funds in its ability to buy exchange traded funds under a Securities and Exchange Commission proposal to streamline ETF regulation.
A recent court ruling makes it harder for investors who want to sue mutual fund advisers over "excessive fees," but the case may be headed to the U.S. Supreme Court.
A study found that about 60% of new fund sales through intermediaries last year didn’t have front-end sales loads.
International/global funds led the way with net inflows of $12.7 billion, followed by corporate funds with $7 billion.
Creating what may be a new product category, Invesco PowerShares Capital Management LLC has launched three exchange traded funds that invest solely in other ETFs.
A large number of small-cap funds have reopened in recent months and are drawing the attention of financial advisers.
Russia's eight-plus-year economic expansion has spread into parts of the country's consumer and retail sectors, presenting a potentially new angle for participation among financial advisers and their clients.
Faced with waves of new exchange traded products, financial advisers are at a loss as to how best to put them to work, a dilemma that is leading product providers to offer more robust educational services.
If you called Daniel Sido's approach to money management robotic, he probably wouldn't mind.
The SEC has filed an injunctive action against James G. Marquez, a principal of the failed Bayou Fund.
BlackRock Inc. has hired Craig Phillips to head its financial markets advisory group, a unit of BlackRock Solutions.
The portfolio manager of Citigroup Inc.’s struggling Falcon Strategies and ASTA/MAT hedge funds, Reaz Islam, is leaving after 18 years at the company.
Apollo Management LP is launching a commodities business to be headed by former Morgan Stanley executive Neal Shear.
The firm will refinance the auction rate preferred securities issued by its municipal closed-end funds.
State Street unit launched the SPDR S&P Emerging Markets Small Cap ETF on the New York-based American Stock Exchange.
Citigroup Inc.’s Falcon Strategies hedge fund plunged more than 75%, taking three banks with it.
Fidelity Investments of Boston today launched a new international equity fund which involves multiple emerging markets.
To preserve their watchdog role and face down calls for change, independent mutual fund board chairmen and lead independent directors are banding together.
