The mutual fund industry's push for raising taxes on exchange-traded notes may come back to hurt the industry when it asks Congress to defer taxes on mutual funds, the ranking minority member of a House Ways and Means subcommittee said.
In a bid for higher returns amid a dismal stock market environment, some mutual fund companies are offering investors access to high-risk private-equity investments.
Carlyle group's David Rubenstein looks to help investors that suffered losses.
The New York-based hedge fund manager’s new public entity will be called has $11.5 billion in assets under management.
The size of the exchange traded fund market shrunk by $12.9 billion in February, falling to $557 billion in assets.
CFIG, a privately held European insurer, was downgraded today to A+ from its former AAA rating by Standards and Poor's.
The Greenwich Global Hedge Fund Index rebounded in February, jumping 2.21% after January’s drop of 2.79%.
The Fed announced it would lend $200 billion of Treasury securities to bond dealers, causing a stock market spike.
Charles Schwab is the most recent mutual fund company to introduce a lineup of funds designed to generate a targeted annual payout for retirees.
The stock market downdraft may soon ignite consolidation among small mutual fund companies.
While mutual fund companies and brokers are enthusiastic about a proposal to simplify fund prospectuses, they object to the idea of filing quarterly performance and holding updates, according to comments filed late last month with the SEC.
Despite a sinking stock market, investment research firm Morningstar Inc. is mapping plans to increase its product lineup in 2008.
Industry observers are cheering the news that the hugely popular American Funds group stood up to regulators — and won.
Financial advisers are glad to see that competition is heating up in the nascent exchange traded note market.
A growing desire among investors to align their portfolios with their personal and political beliefs is transforming the financial services landscape and creating opportunities and challenges for financial advisers.
The recent push by the Financial Industry Regulatory Authority Inc. to return money to harmed mutual fund investors was part of what should be a never-ending effort by the financial services industry to find ways to maintain consumer faith in the marketplace.
Investors have gotten used to associating the Asian equity markets with growth, but dividends are often an overlooked and potentially rewarding opportunity.
The big hit clean-energy stocks have taken this year is just an expected correction, not the end of a fad, green-investing advocates say.
Blackstone Group today announced fourth-quarter losses of $170 million, compared with a profit of $1.18 billion one year earlier.
