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Affiliated Managers Group reports that for the fourth quarter of 2011, Economic earnings per share were $1.76, compared to $2.02 for the same period of 2010, while diluted earnings per share for Q4 of 2011 were $0.77, compared to $1.18 for the same period of 2010.
January 31 -
As voters in Florida head to the polls Tuesday to decide who will take on President Obama in November, you can bet many will be have another kind of change in mind. On average, the S&P 500 has improved 14% in the fourth year of a Democratic administration. But this year could be much different, based on statistics so far for the Obama term.
January 31 -
The assets of the nations mutual funds were flat in December, gaining $12.3 billion. That worked out to a gain of one-tenth of a percent, for an industry that has $11.6 trillion in combined assets.
January 30
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U.S. Retirement Market Projected to Hit $22 Trillion by 2016 The U.S. retirement market is projected to grow to nearly $22 trillion by 2016. That represents a 38% increase from an estimated $16 trillion mark for the end of 2011, due mostly to continuing market recovery.
January 30 -
Direxion Funds said it is is making modifications to its line of buy and hold alternative strategies, effective February 1, 2012.
January 30
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Hancock Holding Company announced that the Hancock Horizon Burkenroad Small Cap Fund, celebrating its tenth anniversary, has received a five-star overall rating from Morningstar.
January 30 -
Will the recent SEC alert chill the use of social media by asset management firms? Or simply put it on ice?
January 30 -
$10 billion of equities change hands each day in the United States. $4 trillion of currency changes hands each day, globally. Which asset do you want to trade in?
January 27 - Money Management Executive
Will the recent SEC alert chill the use of social media by asset management firms? Or simply put it on ice?
January 27 - Money Management Executive
Fidelity Investments Institutional Services has been rebranded as Fidelity Financial Advisor Solutions. Lynne A. Goldman, its senior vice president for investment product management and development, talked with MME about how the business helps advisers help investors.
January 27
