Investments

The letter, signed last month by 19 Senate Democrats and one independent who caucuses with the party, urged Obama to nominate Fed Vice Chairman Janet Yellen to succeed Ben S. Bernanke.

Raymond James is ramping up its pitch to attract independent advisors by opening up access to alternative investments.

Bloomberg -- Evercore Partners Inc., the investment bank founded by former U.S. Deputy Treasury Secretary Roger Altman, hired Jewelle Bickford as a partner in its wealth- management unit.

Eileen Rominger, former head of the Securities and Exchange Commission’s Division of Investment Management, has decided get back to work after a year-long hiatus.

Clients often dream of retiring overseas for a change of scenery and lifestyle. Here’s what a handful of advisors have to say about some of the most popular overseas retirement destinations among their clients.

Fewer RIAs this year are in the mood to sell thanks to stable growth in the markets.

The estimated U.S. mutual fund asset flows for July 2013 were released by Morningstar today. Investors added $15.9 billion to long-term mutual funds in July, driven by inflows of $7.9 billion into international-equity funds.

As risk has dialed up in today's uncertain climate, there has been a growing trend of mutual funds embracing the flexibility and creativity of various options strategies to dampen volatility and garner better returns.

Fidelity Labs, a part of the Fidelity Center for Applied Technology, Fidelity’s unit focused on innovation, previewed the Fidelity Market Monitor for Glass. This is the first investing Glassware widely available for Google Glass.

Nuveen Investments announced the Board of Trustees of the Nuveen New York Dividend Advantage Municipal Fund (NAN), Nuveen New York Performance Plus Municipal Fund, Inc. (NNP) and Nuveen New York Dividend Advantage Municipal Fund 2 (NXK) approved a merger.

What summer doldrums? Focus Financial Partners, one of the country’s largest RIA aggregators, has made its second major deal in two weeks and fifth of the year, boosting its total assets to over $60 billion spread over 27 firms.

Findings from the second quarter 2013 John Hancock Investor Sentiment Survey—a quarterly poll of affluent investors—show a surpriisng lack of knowledge.

Alternatives juggernaut Blackstone joined the likes of other fellow private investment firms The Carlyle Group and Kohlberg Kravis Roberts (KKR) last month as the asset management practice continues its revolutionary switch in business focus out of institutional coffers and into the retail investment space.

As risk has dialed up in today's uncertain climate, there has been a growing trend of mutual funds embracing the flexibility and creativity of various options strategies to dampen volatility and garner better returns.

ICI President and CEO Paul Schott Stevens issued a congratulary statement after the U.S. Senate confirmed Kara M. Stein and Michael S. Piwowar as Commissioners at the Securities and Exchange Commission.

In order to tap into fresh sources of capital, non-U.S. fund managers are looking to the U.S. to distribute investment strategies. This raises many issues: choosing the right vehicles for the job, regulatory considerations, and more.

F-Squared Investments is aiming to start a revolution in the retirement market with its strategies that tame the bear while still riding the bull.

The search for yield has been a persistent and vexing challenge for anyone charged with managing money. But what are the options? How far out the curve do you have to go to find suitable opportunities? And how do you balance your yield appetite with potential credit and duration risk?

Alternatives juggernaut Blackstone joined the likes of other fellow private investment firms The Carlyle Group and Kohlberg Kravis Roberts (KKR) last month as the asset management practice continues its revolutionary switch in business focus out of institutional coffers and into the retail investment space.

Individual investors, advisors, and institutions continued to show interest in large-cap equity strategies in the first half of 2013, according to a list of the most-researched investments in Morningstar's platforms. The mid-year snapshot also finds individual investors seeking dividends, financial advisors exploring allocation funds and income investments, and institutions searching for opportunities internationally.