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With investor trust declining it may seem like a bad time to launch a new asset management firm, but thats exactly what Balentine has done.
February 12 -
Old Mutual Global Index Trackers has launched the GlobalShares FTSE Developed Countries ex-U.S. Fund, an exchange-traded fund trading on the New York Stock Exchange.
February 12 -
New regulations are aimed to boost resilience of money market funds.
February 12 -
Charles Schwab has selected State Street Corp. to support its eight new exchange-traded funds with custody, fund accounting, fund administration and transfer agency services. Sin e2005, State Street has provided Schwab with custody, fund accounting, fund administration and securities lending services.
February 12 -
Environmentally friendly investing is more difficult than ever. One problem is that most advisors are not ready to answer all the questions clients might throw their way.
February 12 -
T. Rowe Price has launched the Global Infrastructure Fund, a long-term growth fund that will invest in infrastructure-related companies around the world, including the U.S. It is available as a no-load mutual fund or through adviser class shares.
February 12 -
T. Rowe Price has launched the Global Infrastructure Fund, a long-term growth fund that will invest in infrastructure-related companies around the world, including the U.S. It is available as a no-load mutual fund or through adviser class shares.
February 11 -
Hartford Financial Services Group Inc. reported fourth-quarter net income of $557 million, or $1.19 per share, compared with a loss of $806 million, or $2.71 per share, a year earlier. For the full year, the Connecticut company posted a loss of $887 million, compared with a $2.7 billion loss in 2008.
February 11 -
UBS Wealth Management Americas reported net asset outflows of $11.2 billion in the fourth quarter as the division struggled to regain its footing in the competitive U.S. market. UBS blamed the outflows on advisers leaving the firm and taking clients with them as well as limited recruiting of experienced advisers.
February 11 -
Bruce Berkowitz isn't the kind of manager whose moves make headlines, but they've paid off remarkably well for his investors.
February 11
