Investors are becoming interested in environmentally aware companies from an economic rather than a socially conscious perspective, and many are turning to their financial advisers for help in going green.
A meeting of some 50 independent mutual fund chairmen and lead directors this week could result in the creation of a permanent organization for independent fund executives.
On Thursday, Mojo HD, the high-definition channel, will launch a programming block that revolves around the lives of individuals who work in finance.
Guidance regarding "soft dollars," or the use of brokerage commissions to pay for research and other services, soon will be proposed for mutual fund directors, a Securities and Exchange Commission official said.
While Fidelity Investments has reopened its famed Magellan Fund, advisers remain skeptical and are keeping a close eye on its performance.
Despite being caught in the 2007 credit crunch, hedge funds gained 14.13% for the year according to Morningstar.
The influence of hedge funds is introducing a new set of challenges for corporate investor relations departments.
Shares of bond insurers Ambac Financial Group Inc. and MBIA Inc. plunged on renewed concerns that the two companies are on the verge of losing their AAA credit ratings.
Despite a troubled economy, the hedge fund industry attracted a record $194.5 billion in new investor capital in 2007.
Outgoing Rep. Richard Baker, R-La., will be the new president and chief executive of the Managed Funds Association.
Ex-Fed chief Alan Greenspan’s guidance will be exclusive during his tenure at Paulson & Co.
The new indexes measure the performance of companies in accord with the values and principles of Dharmic religions.
Another filing for actively managed ETFs was made last week, an indication that 2008 might be the year investors can finally invest in them.
The Greenwich Global Hedge Fund Index returned 0.61% in December and gained 11.15% in 2007.
Van Eck Global launched trading of the Market Vectors–Coal ETF on the New York Stock Exchange today.
This is the year for the SEC to settle the 12(b)-1 issue. Securities and Exchange Commission Chairman Christopher Cox has pledged to examine the fee system, questioning whether the use of 12(b)-1 fees has moved away from the original intent, which was to cover marketing and distribution expenses.
As 2008 gets under way, publicly traded money manager stocks' ability to hold up to the market pressure that felled other financial services stocks last year is being questioned.
Assets invested in exchange traded funds grew by $32 billion, or 5.5%, to $608 billion in November.
GSO Capital Partners is an alternative asset manager specializing in leveraged finance.
The HFR Fund Weighted Composite Index advanced 0.68% in December and gained 10.4% in 2007.
