-
Europes richest families are shifting their investments from traditional assets to hedge funds and commodities, according to a new report profiled by Reuters.
March 4 -
As the stock and bond markets continue to take a beating, institutions, individuals and hedge funds have begun pumping dollars into commodity mutual funds and other investment vehicles based on commodities.
March 3 -
Wealthy wine and art lovers are buying up cases of Bordeaux and Picassos with the hope of offsetting the general market downturn, Reuters reports.
March 3 -
Financial companies should take precautions to protect themselves from fraud from within and without, but companies should be careful not to cross the line and start spying on employees.
March 3 -
Mortgage giant Fannie Mae has posted a $3.55 billion loss for the last quarter of 2007, blaming rising home loan defaults. It set aside $2 billion to cover other bad loans and warned the U.S. housing slump could get worse.
March 3 -
Brennan Names His Replacement at Vanguard, As McNabb Takes Helm
March 3 -
-
WASHINGTON - House Financial Services Committee Chairman Barney Frank is preparing a $35 billion housing package that would expand the government's role in combating the sub-prime mortgage crisis.
March 3 -
MIAMI-U.S. companies are retiring the idea of the traditional, defined benefit pension plan in favor of do-it-yourself IRAs and 401(k) plans.
March 3 -
South Africa-based Old Mutual PLC which is better known in Europe, and in particular the U.K., hasn't exactly become a household name in the U.S. - yet. But the firm gets an "E" for effort.
March 3