Investments

The number and complexity of corporate events persist, even three years after the 2008 financial crisis. Here's a rundown, from Wolters Kluwers Financial Services.

Here's a an early preview of Financial Planning’s February cover story examining the savviest strategies that top planners and other financial professionals are using to put the fix back into their clients’ fixed income.

Senior White House economic advisors have told state and local officials that tax-exempt bond interest is “off the table” and will not be part of the administration’s proposed 28% cap on the value of exclusions, deductions and other tax preferences for wealthy taxpayers, sources familiar with the discussions told The Bond Buyer.

Invesco reports total net inflows of $6 billion in its latest quarter.

T. Rowe Price Group reported its fourth quarter 2011 results, including net revenues of $671.6 million, net income of $188.4 million, and diluted earnings per common share of $0.73.

Custom target-date funds are beginning to proliferate at the expense of their off-the-shelf counterparts. That’s due to plan sponsors wanting to have greater control over what’s in a fund and have access to a wider array of investments to put in them.

The former UBS trader accused of unauthorized deals that cost the Swiss bank $2.3 billion pleaded not guilty to four fraud and false accounting charges in a London court.

Fidelity Investments last week did something last week that a decade ago likely was not imaginable – or feasible. The company best known for popularizing the no-load mutual fund said that, for the first time, it would allow retail investors to trade directly in foreign markets – and in foreign currencies.

$10 billion of equities change hands each day in the United States. $4 trillion of currency changes hands each day, globally. Which asset do you want to trade in?

The Dow Jones Industrial Average fell 74.17 points Friday to close at 12,660.46 while the Nasdaq managed to post a modest gain of 11.27 points to finish at 2,816.55.

Fidelity Investments did something last week that a decade ago most likely was not imaginable-or feasible.

Custom target date funds are beginning to proliferate at the expense of their off-the-shelf counterparts.

State Street to Develop Actively Managed ETFs; Investors (Again) Lose Faith in U.S. Equity Funds; Citi, Research Affiliates Expanding Bond Indices

T. Rowe Price Group reported its fourth quarter 2011 results, including net revenues of $671.6 million, net income of $188.4 million, and diluted earnings per common share of $.73.

Federated Investors reported earnings per EPS of $0.36 for the quarter ended Dec. 31, 2011 as compared to $0.45 for the same quarter last year. Net income was $36.9 million for Q4 2011 compared to $46.4 million for Q4 2010.

Janus reported fourth quarter net income of $35.7 million, or $0.19 per diluted share, compared with net income of $27.4 million, or $0.15 per diluted share, in the third quarter 2011 and net income of $65.9 million, or $0.36 per diluted share, in the fourth quarter 2010.

Invesco issued financial results for the year and three months ended Dec. 31, 2011. "Invesco’s efforts to provide strong, long-term investment performance to our clients contributed to the third year of long-term organic growth." said Martin Flanagan, president and CEO.

The Dow Jones Industrial Average shed 22.33 points to close at 12,734,63 Thursday following a pair of somewhat discouraging economic reports on jobs and new homes.

Duncan Niederauer, CEO of NYSE Euronext, said at the Davos economic summit that he 'misjudged the process' that would be needed to get his company's merger with Deutsche Boerse approved.

The chief executive officer of NYSE Euronext said at the Davos economic summit that he 'misjudged the process' that would be needed to get his company's merger with Deutsche Boerse approved.