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Sponsors of 401(k) plans worry that investors will either invest too heavily in risky equities, or too conservatively in money market funds, but in 2007, at least, target-date funds allocated investors money wisely across the board, Vanguard found.
January 6 -
Renaissance Institutional Futures, a $3 billion hedge fund run by James Simons, is foregoing management fees for 2009 as a response to poor performance in 2008.
January 5 -
Long-term U.S. government funds yielded 22.5% in the fourth quarter of 2008, for a three-month performance of 27.1% year to date, according to data from Morningstar Inc., as investors flocked to safety.
January 5 -
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The Securities and Exchange Commission has received an emergency court order to halt a suspected Ponzi scheme targeted to Haitian-American investors.
January 5 -
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Among my predictions for 2008 was the subpoenaing of Eliot Spitzer's e-mails to prove his smear campaign against New York State Republican Majority Leader Joseph Bruno. And we all know what happened to the disgraced former governor of New York.
January 5 -
While the news about the economy and the markets continues to be bad, some in the business are taking heart.
January 5 -
Most executives wouldn't consider themselves "fortunate" if they took over one of the largest fund companies weeks before an historic market collapse.
January 5 -
Three months ago, financial experts were concerned that the Securities and Exchange Commission was on the verge of eliminating or making major revisions to 12b-1 fees for marketing and distributing mutual funds. A lot has happened since then.
January 5