- Money Management Executive
Japanese stocks have been attracting small investors - despite the collapse of Internet firm Livedoor Co. - who have invested $600 million into a newly created stock fund, according to Reuters.
January 27 - Money Management Executive
Daniel Calugar, a poster boy for the mutual fund trading scandals, pleaded guilty Wednesday, to defrauding investors, according to New York Attorney General Eliot Spitzer.
January 27 - Money Management Executive
Baby Boomers turning 60 this year who plan to cash-in their retirement account can look forward to walking away with an average of $112,000, according to a report released by Boston-based Fidelity.
January 27 - Money Management Executive
Columbia Management has added R Shares to 13 of its funds. The shares, which will be available only to retirement plans and will carry fees that vary depending on plan size, are targeted and small-to-mid-size retirement plans. It is the first time that Columbia has offered R Shares, and the firm is already considering adding them to other funds.
January 26 - Money Management Executive
A majority of investors believe socially responsible investment (SRI) funds are doing a good job of keeping companies on the straight and narrow, a survey for Calvert shows.
January 26 - Money Management Executive
Assets in funds that use socially responsible investing screens grew at a faster pace between 1995 and 2005 than the assets of all professionally managed funds, the Social Investment Forum reported.
January 26 - Money Management Executive
Thomson Financial expects another big year of mergers and acquisitions, and the prospect of mergers has captured investors' attention, as they are now trying to spot potential mergers in an effort to boost their returns, according to the International Herald Tribune.
January 26 - Money Management Executive
In a proposed bill currently making its way through Congress, mutual fund companies will be allowed to offer investment advice to employees participating in retirement plans that are sponsored by their employers, according to The Boston Globe.
January 26 - Money Management Executive
Investors are feeling very optimistic lately; in fact a recent study conducted by UBS shows that investor confidence is at the highest level in a year and a half, with many expressing great confidence in the performance of the stock market.
January 25 - Money Management Executive
Janus Capital announced three high-profile investment management appointments Tuesday, naming two executives as co-chief investment officers, new positions at the firm, and a new skipper for its flagship Janus Fund.
January 25