Portfolio

MIAMI - As the burden of responsibility for retirement planning continues to shift toward the individual, investors should be cautious about "fast analysis" investment advice, a top financial executive said Tuesday.

Three weeks after the Securities and Exchange Commission officially declined the no-action request of Fidelity Investments of Boston, leaders of activist group Investors Against Genocide are feeling victorious. But they still know they haven't won the war to drive through their shareholder-driven proxy proposal.

Prudential Fixed Income Taps New CIO

Morgan Stanley Cuts 1,000 As Mortgages Diminish

Hedge funds are a little too secretive for the appetite of most institutional investors, but if the funds change too much in order to suit a broader audience, they could lose the very thing that made them appealing. The cachet of the inside know on where the smart money is.

IT practitioners and other tech types will kick off this week's 26th Annual NICSA conference and expo in Miami by addressing how fund companies will manage the industry's international expansion.

As the subprime contagion infects new corners of the financial markets, portfolio managers are voting with their feet and moving money into what are perceived to be safer investments.

Two senior-level executives with Julius Baer earned compensation packages worth $120 million in the first nine months of 2007, according to a regulatory filing.

A pair of senior executives of the U.S. asset management business of Julius Baer, the Swiss wealth business, earned compensation packages worth $120 million in the first nine months of 2007, according to a regulatory filing ahead of the unit's flotation planned for this year.

U.S. money manager Legg Mason denied market rumors this week that one of its money market funds had fallen to below $1 in net asset value, commonly known as "breaking the buck."