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Private equity funds have had superior returns, but risks can be magnified if investors don’t know where their money will go.
July 3
- Money Management Executive
Mutual fund providers consider change of management a standard business practice. If they believe their auditor is too small, they may change to a "Big 4" firm. If they have outgrown their fund administrator, they may switch.
July 3 -
High-risk behaviors put investments at risk; Theme songs for retirement; Right (and wrong) questions for clients
July 3 -
Opponents argue that the long time horizon and heated controversy could convince the White House to back away from the retirement plan proposal.
July 3 - Money Management Executive
Asset managers are ramping up their digital efforts in many areas, according to Money Management Executive's Technology Usage Survey. Here are the top technology platforms that fund firms are adopting in 2014.
July 3
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Gold’s role as an alternative investment might be reduced with Washington moving back from the brink of default.
July 3
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Amid an outreach overhaul, the agency's Division of Investment Management says it wants asset managers to give advisors and investors a 'clear and concise' picture of their investment strategies.
July 2 -
Two UBS advisors managing more than $300 million in assets have joined Wells Fargo.
July 2 -
The high-profile hiring of David Bach creates a revved-up marketing engine for Edelman Financial, which already has $13 billion in AUM. Can other firms use the same technique?
July 2 -
The Justice Department announced a criminal plea and settlement with BNP Paribas on Monday, in which the French bank will pay nearly $8.9 billion to settle charges it willfully continued to do business with countries and entities on the U.S. sanctions list. It was the largest sanctions fine in the Justice Department's history more than four times larger than #2 on the list. The following are the largest penalties paid by banks for sanctions violations.
July 2
