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President Obama and Congress are both committed to finding new energy sources, and as such, alternative energy and infrastructure will be dominant investment themes of 2010, according to Calvert Investments and KBC Asset Management International.
April 21 -
BlackRocks first quarter earnings fell 24% to $84 million, or 62 cents per diluted common share. Operating income was $271 million and operating margin was 27.5%.
April 21 -
UBS is reportedly considering selling its hedge fund unit to management, according to a Swiss newspaper, Neue Zuercher Zeitung, and analysts believe the unit, which has $39 billion in assets under management, could fetch $1 billion.
April 21 -
Hedge fund investors redeemed $103 billion in the first quarter, with $85 billion of that coming out of hedge funds-of-funds, according to Hedge Fund Research, leaving remaining assets of about $1.3 trillion.
April 21 -
Americans are growing increasingly worried about having enough money for retirement, but that fear is turning to paralysis, as fewer investors make changes to stem future losses, a new study found.
April 21 -
Recognizing the need for asset management executives to receive timely insights from financial intermediaries on changing investor tastes, kasina and Hoursesmouth have launched Advisor Vision. Through surveys conducted among Horsesmouths 70,000 members, the service provides insight into advisers behaviors, preferences for working with asset managers and opinions on specific firms and investment choices.
April 21 -
Actively managed funds continued to drastically trail three Standard & Poors indexes over the past five years ended Dec. 31, 2008.
April 21 -
Suspending 401(k) matches for just one year can save most companies millions of dollars a year, but doing so can severely negatively impact participants' savings rates and long-term retirement outlook, and should be avoided, according to Hewitt Associates.
April 20 -
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