Portfolio

Data integrity is the No. 1 concern for the 86% of the 130 C-suite fund executives from North America and Europe that Confluence surveyed, and 89% said consolidating fund administration data into a common database is critical.

Data integrity is the No. 1 concern for the 86% of the 130 C-suite fund executives from North America and Europe that Confluence surveyed, and 89% said consolidating fund administration data into a common database is critical.

Charles Schwab filed arguments in federal court in San Francisco on March 19 to try to preclude the Securities and Exchange Commission from suing it over its YieldPlus fund, which had nearly 50% of its assets in mortgage-backed securities, Bloomberg reports.

While the news on the healthcare reform is filled with backslapping from one political party and hand wringing from the other, the truth for advisers and their clients is that this historic legislation might be as much an investment opportunity as anything else.

A few employers are beginning to offer eldercare as a benefit, realizing that many Baby Boomers have parents in need of a much-needed lifeline. In fact, 19% of Americans over the age of 18 are caring for someone 50 or older, according to the National Alliance for Caregiving.

Last week's initial public offering by the Palo Alto, Calif., company, a retirement plan advisor co-founded by a Nobel Prize winner, affirmed investor belief in a business model offering low-cost sophisticated retirement advice to individual investors.

Hedge funds in Europe have begun embracing the UCITS III structure to sell their portfolios to a wider base of retail investors and rebuild trust, but shareholder interest groups warn this may be a vast mistake. Transparency of complex structures still does not make an investor well-informed or an investment suitable, they argue.

In recent years, managers of target-date funds have made the argument that target-date funds need to take on added equity exposure and risk to see investors through retirements that could span 30 years or longer.

Eichelberger hired as trusts and estates partner at Fulbright & Jaworski

Tampa broker-dealer had been facing problems for months.