RevenueShares Investor Services LLC became the latest firm to enter the exchange traded fund market Friday, launching three ETFs based on indexes weighted by the amount of company revenue.
Morningstar Inc.'s recent launch of a star-rating system for hedge funds is the ultimate move into the mainstream for an asset class that has long thrived as an exclusive alternative investment.
Some people might describe the American Beacon International Equity Fund (AAIPX) as an international fund for the faint of heart because it doesn't expose investors to far-off and exotic markets.
As it presses to improve profitability, Putnam Investments may also have to contend with even more upheaval among its mutual fund managers.
Closed-end mutual funds caught in "failed" preferred-securities auctions are making investors nervous, but industry experts and advisers say there are opportunities for those who look beyond the current turbulence.
MBIA has pulled away from the Association of Financial Guaranty Insurers, saying it no longer shared the trade association’s views.
The composite Eurekahedge Hedge Fund Index fell 3.1% in January, the worst performance since the company began keeping data in January 2000.
The firm was “the unfortunate victim of misconduct by certain former employees,” according to a client letter.
The New York State Insurance Department also reproached the plan, arguing that it would be “bad for the banks.”
At campaign stops, Sen. Hillary Clinton argued that hedge fund executives shouldn't be immune from certain taxes.
Assets in managed accounts grew by 20.1% last year, hitting $1.49 trillion, according to the Money Management Institute.
Warren Buffett faced is facing criticism after Moody’s Investors Service — in which he is the largest stakeholder —told bond insurers to accept a bailout.
Academics pin the mortgage crisis on lenient lending criteria.
Leadership change reflects problems at the company due to subprime mortgages.
Cincinnati-based Gateway will retain its name and portfolio managers.
Analysts become portfolio managers as part of broad promotion and job changes.
First-quarter results will suffer from subprime-related trading losses.
Signature Resources Capital Management has teamed up with Fundquest Inc. to launch a wealth management platform.
A platform will be launched next month offering what is being touted as the first socially conscious and sustainable-investing account in the financial services industry.
The Mutual Fund Directors Forum is hoping to rally the troops in an effort to stave off what it thinks is an attempt by the Investment Company Institute to eliminate the watchdog role played by mutual fund directors.
