- PH
As money market funds hold approximately $1.3 trillion in U.S. Treasuries, nearly half of their total $2.7 trillion in assets, investors would probably be spooked in the event of a default by the U.S. government and rush to the exits to redeem their shares. That is the dire warning from Fitch Ratings.
July 20 -
The 225 S&P 500 companies that share full reporting information received 46.3% of their sales outside of the U.S. in 2010, down slightly from the 46.6% they received in 2009 and quite a bit less than the 47.9% that foreign sales comprised of their total revenues in 2008, S&P Indices said.
July 20 -
When financial advisors are working with clients to figure out their retirement strategy, they need to factor in inflation into the mix. But the question is, how does one decide what inflation is likely to be years into the future when there are so many different ways to measure it even in the present?
July 19 -
Ryan O'Neal is at it again. He and Craig Nevius, a Hollywood producer who used to work closely with Farrah Fawcett, are in the midst of more legal fighting against one another.
July 19
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Bond investors have been put on notice by rating agency Standard & Poor's that it is not just the U.S. sovereign debt rating that is in jeopardy because of the ongoing wrangling in Washington over raising -- or not raising -- the federal debt ceiling and, especially, whether or how lawmakers cut the governments massive and ever-growing deficit.
July 19 - PH
Jeanie Wyatt didnt plan to start a family office business within her wealth management firm -- but fate seemed to take her hand. Today, South Texas Money Management has a new, wholly owned family-office subsidiary that has gathered $150 million in assets.
July 19 -
State Street Corporation said it planned to reduce its technology staff by 850 employees, as part of a multi-year transformation of how it manages its information systems.
July 19 - Money Management Executive
State Street Corporation said it planned to reduce its technology staff by 850 employees, as part of a multi-year transformation of how it manages its information systems.
July 19 -
A flood of new exchange-traded funds are enticing many investors to move out of mutual funds and into these chic funds despite their relatively scant -- if not nonexistent -- track records. But one S&P analyst said that shouldn't stop investors from hoping on the ETF bandwagon.
July 19 -
If youre an advisor, you probably have a website. And you may belong to a social network such as LinkedIn or FaceBook. But to really make your website and social media efforts pay off, youll need to do more, experts say. The good news is that its not that difficult to strengthen your online presence -- and a stronger online presence can lead to more business. Here are eight tips for financial advisors to build a compelling online presence:
July 19
