Investments

UMB Healthcare Services announced it has seen a significant increase in the number of health spending accounts and expects even more in 2011.

Let's get straight to the point: If you think your 17-year-old daughter is taking plastic sandwich bags out of kitchen cabinet to hide a cocaine habit, you're wrong.

The Obama administration’s proposal to renew the Build America Bond program may suffer from the same problem it had the first time around, when the federal government didn’t think municipalities would use BABs that much.

Just one day after the Municipal Securities Rulemaking Board issued a draft rule on muni advisors’ fiduciary duties, market participants are questioning the scope of the rule and whether it would apply to dealer-advisers.

MIAMI -- There is of course no event going on in America from January 14 through 16 than the 29th annual National Investment Company Service Association Conference & Expo.

It used to be that a mutual fund was a pretty easy product to launch. Line up a set up securities. Buy. Hold. Mix occasionally. Now, managing products such as target-date funds present serious operational challenges, the CEO of J.P. Morgan Asset Management Americas said

The Country Financial Security Index rose 0.8 points to 64.9 in February, marking the first time the index has risen at the start of the year since Country Financial began the index in 2007.

MIAMI: The forecasting firms are fairly unified about their expectations for information technology spending by financial services firms in 2011.

American Beacon Advisors has launched the American Beacon SiM High Yield Opportunities Fund, sub-advised by Strategic Income Management (SiM).

ING Group, the Dutch-based financial services institution, said today that it has decided to sell the “majority” of its ING Real Estate Investment Management businesses in two separate transactions worth more than $1 billion.

The “Who Knew” campaign showcases the firm’s four- and five-star-rated funds.

The $3.7 trillion fiscal 2012 budget proposed by President Obama Monday would permanently reinstate an expanded Build America Bond program but at a lower 28% subsidy rate.

The date was October 13, 2008. One month after Lehman Brothers was left to twist quickly in the wind and die.

Asian hedge funds attracted $518 million in net new capital in the final three months of last year, according to Hedge Fund Research, Inc., making it the best quarter of the year for the industry.

The enhanced system will provide more than 30 data points on each bond, with performance information going back 10 years.

New survey finds tighter regulation, investment in new technology and enhanced marketing efforts have Canadian asset managers perched in the catbird's seat.

Exchange-traded funds are continuing to gain traction among Charles Schwab’s clients.ETF assets held by the firm’s clients climbed 34% in 2010, compared with 28% growth in the ETF industry overall, according to Schwab. The brokerage’s clients hold more than $111 billion in ETF assets.

Letting the net value of assets in a money market fund would "change the shape and form" of such funds -- and could create system risk, according to Maria F. Dwyer, the chief regulatory officer of MFS Investment Management.

Smaller Asian nations, namely Hong Kong, Singapore and South Korea, will lead global growth over the next year, asst management, private equity and hedge fund executives said in a survey conducted by RBC Capital Markets.

PIMCO announced on Monday that it launched a distribution platform for financial advisors and individual investors to better serve the retail market.