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Four credit unions in the Midwest have introduced investment programs with the help of CUSO Financial Services.
May 10 -
May 10, 2012: ICI GMM 2012. Fidelity, Charles Schwab, MSSB, Dodge & Cox. When interest rates flip and rates start to increase, the value of bonds and funds that invest in them will get hit. And that can shock investors, said fund executives Thursday morning.
May 10 -
May 10, 2012: ICI GMM 2012. Regulators in nations around the world, including fast-developing markets, dont know quite what to make of the asset management business, fund executives said Thursday. Asset managers are considered the same as prop traders, said Christian Dargnat, CEO, BNP Paribas Asset Management.
May 10 -
May 10, 2012: ICI GMM 2012. Arianna Huffington, William McNabb, Gillian Tett debate role of media in funds industry.
May 10 -
FINRA is substantially underestimating the costs to set up a self-regulatory organization for investment advisors, according to a review by an outside consulting firm. In response, FINRA says the review should be viewed with skepticism and amusement.
May 10 -
On May 10, 2012, Credit Suisse's Asset Management Division has launched the Credit Suisse Liquid Alternative Fund, designed to offer access to hedge fund-like returns, with the flexibility of daily liquidity, increased transparency and 1099 tax reporting.
May 10 -
Fidelity Investments has launched a pair of global equity income funds
May 10 -
For years, advisors have waffled their way into utilizing social media, but most are failing.
May 10
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This week, IRA expert Ed Slott answers investors questions about the five-year rules for Roth IRAs.
May 10
Ed Slott & Co. -
Everyone loves dividend-paying stocks that deliver healthy returns with relatively lower risk. Here are 10 "cheap" ones to jump-start your clients' portfolios.
May 10 -
On May 10, 2012, Rainier Investment Management, Inc., adviser to the Rainier Funds, has launched the International Discovery Fund (RAIIX).
May 10 -
Marc Cox, a reporter/anchor in St. Louis, will leave the station in May to become a financial advisor with Edward Jones there. Cox said he hopes to be licensed, trained and ready to go by late August.
May 10 -
On May 10, 2012, The size of the actively-managed exchange-traded fund market has grown more than ten-fold in the past four years, to almost $2.5 billion, according to a report released by Lipper.
May 10 -
The dozen largest third-party marketing firms supporting banks and credit unions increased their revenue 9% last year, but penetration in the bank channel has stalled.
May 10 -
Investors are as satisfied with full-service investment firms as they were before the recession, but client expectations have spiked, according to a J.D. Power and Associates study. Which firms are investors most satisfied with?
May 10 -
Neuberger Berman has launched the Neuberger Berman Long Short Fund, designed to provide investors with a long-short investment strategy that seeks long-term capital appreciation and principal preservation.
May 10 -
ICI chief Paul Schott Stevens said Wednesday that mutual funds need to invest in commodities and derivative securities in order to manage market swings and protect everyday investors. He called new CFTC rule changes 'unwarranted, redundant and costly.'
May 10 -
Record-low long-term municipal bond yields may generate the most press these days, but investors still see the most value in the intermediate part of the yield curve.
May 10 -
Investors act emotionally, not logically, toward the securities they buy or sell.
May 10 -
The Dow Jones Industrial Average lost another 97 points to close at 12,835.06 Wednesday, its sixth consecutive losing session. Meanwhile the Nasdaq and S&P 500 lopped off 11.56 points and 9.14 points, respectively.
May 9




