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WASHINGTON—While investors have overwhelmingly stayed the course and remained invested in mutual funds following the financial crises of 1987, 1990, 2000 and 2008, the latest credit crisis has greatly reduced investors’ risk tolerance, said Investment Company Institute Chairman Edward C. Bernard in his opening keynote address to the ICI’s General Membership Meeting Wednesday here.
May 4 -
WASHINGTON—The U.S. economy, while not poised to grow as rapidly as emerging nations and saddled with a $1.4 trillion a year deficit, has the fundamentals in place and “the resiliency and strength” to reclaim its position as the leading economy of the world, Treasury Secretary Timothy Geithner told attendees at the Investment Company Institute’s General Membership Meeting here Wednesday.
May 4 -
Whole Foods gave investors plenty to chew on with its stellar second-quarter earnings report and upwardly revised earnings forecast for the rest of the year.
May 4 -
WASHINGTON - UBS Financial Services, Inc has agreed to pay $160 million to settle securities fraud and other charges with the Securities and Exchange Commission, Internal Revenue Service and 25 state attorneys general over alleged fraudulent bidding practices and kickbacks involving muni investment and financial contracts.
May 4 -
This week, Ed examines a difficult IRA and also looks at how to handle primary beneficiaries.
May 4
Ed Slott & Co. - Money Management Executive
Active traders are optimistic about the stock market, so much so that they plan on investing their tax refunds in the market.
May 4 -
With so many mutual fund options available to them, some investors are finding it much more difficult to sort out exactly which funds make the most sense for them from both a cost and investment perspective, according to Madison, N.J.-based financial advisory firm Brinton Eaton.
May 4 -
Advisers want technology that will give them a comprehensive view of a households assets so that they can rebalance and deliver goals-based guidance more effectively. On Thursday, Fiserv, Inc., of Brookfield, Wis., announced a plan to deliver such a solution.
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A former UBS team including four financial advisors joins Morgan Stanley Smith Barney in New York, while a two-member Bank of America Merrill Lynch financial advisor team joins in Newport Beach, Calif.
May 4 -
Atlantic Trust seems to have discovered a money management model that works.
May 4
