-
When an employee leaves a firm, can they take their client list with them to their new job?
June 20 -
When the value of the dollar decreases, Americans are apt to invest in tangible assets such as real estate. As depreciation continues, it comes as no surprise that real estate mutual funds (REMFs) have grown 6% so far this year. What is surprising, however, is seeing financial success in one of the worst real estate markets in years.
June 20 -
Money market mutual fund assets fell $38.91 billion for the week ending June 18, according to the Investment Company Institute.
June 20 -
The Bank of New York Mellon Corporation is currently celebrating the 10 year anniversary of its ADR Index. This index has become a global benchmark for investments as mutual funds, exchange-traded funds and other structured products are scaled based on its valuation.
June 20 -
According to recent analysis by Watson Wyatt Worldwide, a leading global consulting firm, defined benefit pension plans tend to have higher rates of return than 401(k) plans.
June 19 -
The Supreme Courts recent decision in LaRue v DeWolff to permit workers in 401(k) plans to sue administrators for high fees will inevitably lead to lower feesand the end of the retail mutual fund industrys dominance of the market. Thats the strong opinion of widely quoted, and frequent financial TV guest Ric Edelman.
June 19 -
The Securities and Exchange Commission announced Thursday that it would be releasing $103 million to investors who have lost money involving Banc of America Capital Management LLC (BACAP) and affiliates illegal and unethical activities.
June 19 -
On Thursday, PricewaterhouseCoopers and industry body CII released a report that concluded the mutual fund industry in India is facing a new threat, high operations costs.
June 19 -
A shocking lack of financial knowledge by our nations teenagers has caused a junior achievement organization and an association of retired teachers to band together to help bridge this gap.
June 19 -
At the GAIM International hedge fund conference Wednesday in Monaco, John Paulson, founder of hedge fund Paulson & Co., stated that the worldwide losses and write-downs of the subprime crises and liquidity shortage are far from over.
June 18