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From athletes who abuse illegal substances in order to win to business executives who lie on financial statements to boost profitability, examples of cheating are all around.
May 1 -
We are seeing good cyclical improvement, Mary John Miller, Under Secretary for Domestic Finance in the U.S. Department of the Treasury. told the general membership meeting of the Investment Company Institute in its policy forum Wednesday. Now e need to tackle longer-term structural improvement.
May 1
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David Silver, who served as president of the Investment Company Institute from 1977 to 1991, has died.
May 1 -
Investors plunged back into bond funds with gusto for the week ended April 24, after two consecutive weeks of taking their foot off the petal, according to estimates from the Investment Company Institute.
May 1 -
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If the net asset value of a money market fund is forced to float, the ramifications on maintaining customer accounts are huge and could force them to move to other investments.
May 1 -
Sanford Bernstein, AllianceBersteins sell-side research arm, has a new head of sales. Rick Galiardo, joins the company in the role, which includes responsibility for the firms private label mutual fund sales.
May 1 -
Neuberger Berman has hired 22 emerging markets debt (EMD) investment professionals, 19 of whom have joined the firm from ING Investment Management, where they managed over US$16 billion in EMD assets.
May 1 -
Direxion has added two new leveraged inverse products to its repertoire. The Direxion Daily Brazil Bear 3x Shares (BRZS) seeks to capture 300% of the inverse performance of the MSCI Brazil 25/50 Index.
May 1 -
Invesco Ltd. (IVZ), owner of the Invesco, Van Kampen and PowerShares funds, said first-quarter profit rose 15 percent as record client deposits lifted assets.
May 1
