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The State Street Investor Confidence Index dropped 3.9 points in April to 87.7 from 91.6 a month earlier, State Street Global Markets announced today.
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The combined firm, which will have 10 offices in Illinois, Wisconsin, Virginia and Florida, will be called Savant Capital LLC.
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On April 24, La Jolla, Calif.-based alternative mutual fund provider Altegris announced that it will launch a new "R" share class on May 1 to four of its private placement funds exclusively for registered investment advisors looking to bet on the once-again popular hedge fund space.
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On April 23, 2012, PIMCO announced that it is launching the Global Advantage Inflation-Linked Bond Strategy Fund, an exchange-traded fund which will actively manage global inflation-linked bonds and currencies.
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On April 24, Massachusetts Mutual Life Insurance Company promoted Sri Dronamraju and Scott Palmer to the role of senior vice president.
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Ameriprise Financial has bolstered its adviser base in Florida and Indiana with two veteran advisers from Morgan Stanley Smith Barney and Fifth Third Securities.
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On April 24, State Street Global Markets released the results of the State Street Investor Confidence Index for March 2012.
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Legacy expert attorneys Andy and Danielle Mayoras say your clients have names and reputations that will live on after theyre gone. The estate planning guidance you provide them now will ensure their legacy and wishes are protected for generations to come.
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On April 24, 2012, The first quarter of 2012 saw record total assets under management in the sector of commodity exchange-traded products, according to a report released by ETF Securities.
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The surprisingly weak U.S. jobs report in March showed that the U.S. has not fully turned the corner on job growth. Non-farm payrolls rose by 120,000, the worst performance in more than a year. This slow recovery is not unexpected after a financial crisis, and there are many other bright spots in the economy. However, some argue that the unemployment numbers are actually worse than reportedan ongoing controversy not likely to be resolved in the near future.
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