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Can target date mutual funds continue their rapid ascent? Folio hopes so.
February 5 -
Institutional investors will broaden their ETF applications in 2013, predicted BlackRocks iShares group.
February 5 -
The acquisition increases Atlanta Capitals AUM to $950 million
February 5 -
Merrill Lynch financial advisor Charles Balducci says that partnering with Eric Snyder, who ties with him to take the number 12 and 11 slots on the Top 40 Under 40 list, is a critical part of his success.
February 5 -
The Securities and Exchange Commission promoted George Canellos, currently Deputy Director of the Division of Enforcement, as Acting Director. The appointment is effective February 8.
February 5 -
BlackRock the worlds biggest money manager, is accused in a lawsuit by two pension funds of reaping grossly excessive compensation from securities- lending returns associated with iShares.
February 5 -
According to the Miami firm, the funds are closing in oder to prevent inflows from new investors from diluting the proportionate interests of existing fund shareholders.
February 5 -
Goldman Sachs Group Inc. President Gary Cohn said that Europe still faces fundamental problems and that policy makers dont appear to have a plan for generating economic growth in the regions southern nations.
February 5 -
UBS AG posted a second straight quarterly loss after booking a fine for trying to rig global interest rates and costs tied to job cuts.
February 5 -
The Financial Industry Regulatory Authority's municipal market priority this year will be ensure that brokers adequately disclose risks associated with tax-exempt bonds backed by revenue from private and nonprofit entities, which have significantly higher default rates than general obligation bonds.
February 5

