Fund performance

Despite declining trading activity industrywide, Charles Schwab Corp. announced Wednesday that it expects third-quarter results will be in line with the previous quarter.

The U.S. economy is on an expansionary, albeit sluggish, path—not toward a double-dip recession, says BNY Mellon Chief Economist Richard B. Hoey. In the near term, however, hold onto your hats: The “most pronounced weakness in the U.S. economy” will become apparent in the second and third quarters of this year, he says.

While it’s not back on its feet yet, the U.S. economy is proving more resilient than many naysayers predicted, according to September’s Monthly Outlook from Wells Fargo’s economics group.

U.S. small-cap equities on the Russell 2000 Index rallied to 604.87 by the market close of Aug. 25, up from the near 52-week low of 595.59 the previous day. The Aug. 24 close was only 40 points higher than the September 2, 2009 low of 555.83.

When Grail Advisors officially closes two of its active exchange-traded funds prior to the market bell on Aug. 30, the total universe of active ETFs will fall to just 28.

Independent advisors are still “somewhat conservative” in their outlook, but there are some bright spots in their expectations, according to a survey from Charles Schwab.

Confidence among high-net-worth investors tumbled in August, according to a monthly survey by Spectrem Group.

Investors are more optimistic this month about the economy than they were last month, according to a survey released on Tuesday.

While quantitative analysts may feel they are no longer taking the blame for the financial crisis, they believe their work is still “misunderstood” by top executives.

Cathe Tocher has excelled as a portfolio manager through very good times and bad. She is senior vice president of investments at Great-West Life & Annuity Insurance Co., whose five- and four-star Morningstar-rated stable-value portfolios continue to be embraced by the 401(k) marketplace.

Bruce Berkowitz isn't the kind of manager whose moves make headlines, but they've paid off remarkably well for his investors.

The euro zone doesn’t look as scary today as it did a few months ago. It’s not that austerity measures are fully developed. It’s not that the stress test convinced everyone that the banks are sound. It’s not that the bailout is filled with shock and awe.

Buoyed by the strength of the long-term municipal market over the past 18 months, mutual fund assets have climbed to record levels, and portfolio managers have had little need to make major changes to their current investment strategies.

As news "broke" Monday that BP [ BP ] CEO Tony "I want my life back" Haywood will step down in October, and news reports of the pervasive greed among the people in the Gulf Coast ... some questions are worth asking.

NEW YORK-Even as the residential housing and mortgage markets remain fragile, with housing starts and sales faltering-many money managers believe commercial real estate is headed for a worldwide boom.

TD Ameritrade Holding Corp. announced that profits increased 5% to $179.4 million, or 30 center per share, as trading volume increased.

State Street Corp. followed serve Tuesday as custodial banks used the second quarter to bounce back from a year-earlier loss to post a profit.

Despite investor concerns about a global economic recovery, BlackRock's Bob Doll and Deutsche Bank's Ben Pace are optimistic.

Investors may be gloomy about an economic recovery, but senior executives remain confident in U.S. corporate growth.

Affluent investors ended the first half of the year on a sour note, their confidence slipping seven points in June, to minus-12 on Spectrem Group's Affluent Investor Confidence Index, but advisers say that falling confidence presents an opportunity rather than an obstacle.