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New advisor growth increased by more than 60% from a year earlier.
March 8 -
Concerns about rising oil prices and an end to the stock market rally once quantitative easing ends has caused 40% of hedge fund managers to be bearish on U.S. equities, up from 26% in January, according to the TrimTabs/BarclayHedge Survey of Hedge Fund Managers. And only 26% are bullish, down from 37%.
March 8 -
Sales rose 18% in the fourth quarter to $37.6 billion.
March 8 -
For three days, 610 bank investment advisors, speakers, sponsors and exhibitors assembled in Hollywood, Fla., for insights and ideas on the industry. Check out some of the images in this photo gallery.
March 8
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Most of Canada's largest financial services firms have and will continue to invest heavily in IT projects for the foreseeable future to garner more customers and stay ahead of the compliance and regulation curve.
March 7 -
HOLLYWOOD, Fla. -- Nothing that Federal Reserve Bank Chairman Ben Bernanke, Treasury Secretary Timothy Geithner or President Barack Obama can do will prevent the United States economy from coming apart, under the weight of public and private debt.
March 7 -
"No amount of government stimulus will prevent it,'' said forecaster Harry S. Dent Jr. That's because additional stimulus, driven by more federal borrowing, will have less and less effect on the economy, much like the dwindling effect of more cocaine on a crack addict, he said.
March 7
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Variable annuity assets in the U.S. reached an all-time record of $1.5 trillion in 2010, with fourth-quarter sales rises 18% year-over-year to $37.6 billion, the Insured Retirement Institute announced Monday.
March 7 -
Concerns about rising oil prices and an end to the stock market rally once quantitative easing ends has caused 40% of hedge fund managers to be bearish on U.S. equities, up from 26% in January, according to the TrimTabs/BarclayHedge Survey of Hedge Fund Managers. And only 26% are bullish, down from 37%.
March 7 -
NEW YORK-Unemployment may still be 9%. Single-family home starts may be down again. But the outlook from the corner office of fund managers is increasingly sunny.
March 7
