Investments

The United States is set to undergo a "geographic sea change" where economic power is shifting from longtime coastal stronghold states still reeling from the housing bust and moving towards interior states with lower tax burdens, according to banking analyst Meredith Whitney.

John Hallacy, a 35-year industry veteran, is retiring as head of municipals research at Bank of America Merrill Lynch, he confirmed late Monday.

Mutual funds firms are no longer novices at harnessing the marketing potential of Facebook and Twitter, and have, at least incrementally, been learning to successfully reach investors through social media channels.

ING U.S. announced last week that the underwriters in its initial public offering have exercised their overallotment option to purchase approximately 9.8 million additional shares of ING U.S. from ING Group at the IPO price of $19.50 per share.

This was one initial public offering that NASDAQ executives sure didn't "like".

In early May of 2013, Scottish firm Aberdeen Asset Management announced plans to run its first ever global brand advertising campaign.

"Buy a pool in March 2014," Fidelity Investments' FutureTimeline application tells users on Facebook.

In an environment of transparency and volatile capital markets, you would think exchange-traded fund vehicles would hold more of a percentage in the $3.6 trillion retirement plan marketplace.

One year after the “untimely” death of Richard Aster, founder of Larkspur, Ca.-based Aster Capital Investment Management, the investment advisor is selling off its assets.

John Hancock Funds has added Christopher Fuschillo as a managing director on its institutional sales team in a new position, calling on analysts and gatekeepers at major broker-dealer firms.

The ICI has a new director of Financial Services Policy.

OppenheimerFunds has promoted Art Steinmetz to president. He is currently executive vice president and chief investment officer, where he oversees all equity, fixed income and alternative investment capabilities including investment strategy, strategic planning and personnel.

New York City’s $140 billion retirement system pays Wall Street money managers about $360 million a year, the only one of the 11 biggest U.S. public-worker pensions that refuses to manage any assets internally.

Two of Vanguard largest funds: Vanguard Total International Stock Index Fund (VGTSX) and Vanguard Total Stock Market Index Fund (VTSMX) representing $343 billion in aggregate assets will begin tracking indexes of FTSE and the University of Chicago’s Center for Research in Security Prices (CRSP) on June 3.

So called “value-add” programs and tools from vendors are getting the attention of financial advisors and influencing their behavior, according to a new study, but still leave much to be desired.

Henderson Global Investors' foray into the US market began at an inopportune time: It launched its first three funds on August 31, 2001, days before the September 11 attacks.

Issuance numbers for long-term municipal bonds in May continued to underwhelm market expectations, decreasing 28% for the month.

Four iShares exchange-traded funds have new CUSIP numbers for “operational reasons,” according to BlackRock.

Rye, NY-based Teton Advisors has launched the TETON Westwood Mid-Cap Equity Fund (WMCEX) to bet on undervalued companies with market capitalizations between $1 billion to $20 billion.

An investment can have many good entry points but just one good exit. You don't want to leave a party early, but you also don't want to overstay your welcome.