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In a new report from the Government Accountability Office (GAO), experts recommended that middle-income retirees convert a portion of their savings into an inflation-adjusted annuity or opt for an annuity instead of a lump sum from an employer sponsored defined benefit (DB) plan. They also recommended that Americans delay taking Social Security benefits until at least full retirement age.
July 1 -
While investment managers are not worried about the end of the government QE2 stimulus, their enthusiasm for the economic recovery, stocks and bonds is waning, Russell Investments found in its quarter Investment Managers Outlook survey.
July 1 -
First Trust Advisors is planning to launch the First Trust ISE Cloud Computing exchange-traded fund on Nasdaq on Wednesday, which it says is the first ETF focused on cloud computing.
July 1 -
Guinness Atkinson Asset Management has launched the Renminbi Yuan & Bond Fund, which it says is the first traditional open-end mutual fund to invest directly in bonds denominated in the Chinese currency, Renminbi.
July 1 -
A hedge fund services unit of Citigroup in Bermuda has become the latest in a line of third-party middle and back office service providers to be sued by the trustee liquidating Bernard Madoff’s firm to recoup collect funds for disgruntled investors. The unit, called Citi Hedge Fund Services Ltd of Bermuda, was the fund administrator for the Kingate Global Fund Ltd. and Kingate Euro Fund, feeder funds that invested in Madoff's Ponzi scheme. Madoff is now
July 1 -
When it comes to trading, there are some considerations advisors can take into account to make their utilization of exchange-traded funds more efficient.
July 1 -
Skeptics who doubt investors' ability to identify good buys may be surprised
July 1 -
A five-pronged approach for college savings plan success.
July 1 -
Did investors do a good job of picking funds during the financial crisis?
July 1 -
A portfolio may be large but if it doesn't match up with the client's values, it's not working.
July 1 -
Understanding the Dynamics of ETF Liquidity, Pricing, and Trading
July 1 -
Ignoring U.S. stocks could cut you off from some of the best values available.
July 1 -
The CEO and head of distribution for DWS Investments Americas discusses new products and how the industry can better meet changing retirement needs.
July 1 -
Goldman Sachs Asset Management has just launched the Goldman Sachs India Equity Fund and recently debuted the Goldman Sachs Korea Equity Fund. The portfolios seek long-term capital appreciation by investing in local Indian and Korean equities.
June 30 -
When it comes to finding sub-advisory mandates, the size of the asset management firm is not a key consideration, according to a survey of 33 companies by Financial Research Corp.
June 30 -
The Securities and Exchange Commission on Wednesday announced a settlement with broker-dealer Raymond James Financial involving $350 million worth of auction rate securities which the regulatory agency claimed were marketed and misrepresented by the firm's reps as safe, liquid alternatives to money market funds and other highly liquid investment vehicles.
June 30 -
While France has devised a plan to roll over Greece’s debts, and the Greek parliament -- in the face of a national strike and major protests -- just passed austerity measures requested by the European Union, these early signs that worst of the Greek debt crisis is over doesn't mean investors can relax and assume all is well.
June 30 -
The worlds top foreign exchange dealers are working on an industry-wide initiative to reduce the risk of a Flash Crash hitting the global currency markets.
June 30 -
The wave of share buybacks by public companies, which took off in the first quarter of 2011 when companies bought back nearly $90 billion shares, is continuing with buybacks through June 3 totaling $263 billion, up from $164 billion by the same date last year.
June 29 -
While France has devised a plan to roll over Greeces debts and the Greek parliament -- in the face of a national strike and major protests -- just passed austerity measures requested by the European Union, these early signs that worst of the Greek debt crisis is over doesn't mean investors can relax and assume all is well.
June 29