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There is an ongoing debate in the U.S. over commission-based and fee-based advisors. Right now, its the investors choice as to which type of arrangement to go with. By this time next year, that won't be the case in the United Kingdom.
June 10 -
Slowing economic growth abroad combined with the Eurozone debt crisis pushed commodities lower in May after months of strong, sustained gains.
June 10 - Money Management Executive
The traditional advice and guidance model whereby investors pay fees for their investment selections and receive advice for free isn’t resonating among older investors, according to a study by Hearts & Wallets. These older investors would prefer to pay for personalized advice from a trusted, reliable source.
June 10 -
Dallas-based Highland Funds' Long/Short Healthcare Fund this week received a five-star rating from Morningstar which ranks the mutual fund among the top 10% of funds in the healthcare category.
June 10 -
The Bloomberg Consumer Comfort Index rose to from -47.1 to -45.9 in the week ended June 5, the third straight week it has risen and its best reading since the end of April.
June 10 -
CHICAGO -- Seeking to make it easier for financial planners and investors to analyze the vast mutual fund universe, Morningstar will soon launch forward-looking, analyst-driven fund ratings.
June 10 -
Two former Morgan Stanley Smith Barney brokers have been ordered to pay about $4.28 million plus interest to their former employer for the breach of promissory notes and other agreements.
June 10 -
Hedge fund advisers who have registered with the Securities and Exchange Commission by July 21 have a lot more to worry about than simply filling out Form ADV.
June 10 -
SS&C Technologies said it launched a self-service portal for fund services, online.
June 10 -
Visa Inc. said its acquisition of the South African mobile payments company Fundamo will help it serve more underbanked consumers abroad. The San Francisco payments network said it would pay about $110 million for the Cape Town company.
June 10
