Investments

Ashmore Investment Management, an emerging markets specialist headquartered in London, has introduced the Emerging Markets Small Cap Equity Fund.

Ashmore Investment Management, an emerging markets specialist headquartered in London, has introduced the Emerging Markets Small Cap Equity Fund.

The SEC has designated FINRA as the agency to develop and maintain the registration system for hedge fund advisors.

Investors withdrew $5 billion from U.S. stock and bond long-term funds in September, Strategic Insight reports. This was a "significant improvement" from August, when open-end and closed-end mutual funds (excluding ETFs and VA sub-accounts) were hit with $33.6 billion in outflows following the downgrade of the U.S. debt rating.

Mutual fund managers prided themselves on sticking to their investment mandates early on in the financial crisis of 2008. This, even as the average U.S. stock fund fell nearly 30% in value. They counseled investors to do the same. Three years later, there is a new direction for funds: the flexibility to go anywhere, to pay closer attention to macroeconomic and market trends, and to even hunker down in cash.

Thirty years ago,Russell Investments changed the landscape of how fund firms could evaluate managerial performance, by launching broad benchmarks of stock performance in the United States.

Wall Street high rollers are expecting big bonuses at year-end -- especially hedge fund managers and executives at boutique banks.

Stocks had a strong showing this week and gained 541.37 points, or 4.88%. Blue chips gained 166.36 points on Friday.

Wall Street high rollers are expecting big bonuses at year-end—especially hedge fund managers and executives at boutique banks.

As banks and insurers compete in the lucrative retirement market, new numbers show a marked uptick in the sale of annuities at bank holding companies in the first half of 2011.

In the three years since the financial crisis hit, investors have remained cautious, but their tolerance for risk has actually held steady, according to the Investment Company Institute.

A bond attorney urged colleagues to do more for “market betterment” by supporting legislative efforts to give the SEC authority to develop “a uniform baseline disclosure rule.”

The Dow Jones Industrial Average fell 40.72 points, but recovered some of the day’s losses. The Dow Jones Total Stock Market Index shed 28.61 points.

In the three years since the financial crisis hit, investors have remained cautious, but their tolerance for risk has actually held steady, the Investment Company Institute said Thursday.

Investment consultants and plan sponsors continued to express the strongest interest in the geographies of ACWI ex-U.S., global and emerging markets in September, according to a prominent institutional investment database.

The Conference Board Employment Treads Index fell 0.45 percentage points to 100.95 in September, pointing to continued slow job growth for the rest of the year. However, the figure is up 4.4 percentage points from September 2010.

Man Investments has launched the Man Long Short Fund, a ’40 Act equity hedge fund-of-fund that will invest in up to 30 portfolios and offer monthly liquidity. With a minimum investment of $50,000, the fund will only be available to high-net-worth clients of top-tier broker-dealers.

Five of the world’s largest emerging markets -- Brazil, Russia, India, China and South Africa -- forged an alliance to cross-list their respective equity-based products.

The SEC, the Federal Reserve and other regulators are not likely to adopt an emergency liquidity facility funded by fund sponsors to backstop money market funds, according to Gregory Johnson, CEO of Franklin Resources.

Long-term mutual funds had total outflows of $10.95 billion in the week ended Oct. 5, the Investment Company Institute said. This was up substantially from the $5.68 billion of outflows in the previous week ended Sept. 28.