Investments

For years, accountants have heard they should include financial services among their tax or accounting practice’s service offerings, but is that a realistic goal?

Milwaukee, WI-based Artisan Partners Asset Management today revealed in a regulatory filing that it expects the initial price of its Class A shares to be between $27 and $29.

Pacific Investment Management Co., the world’s largest active bond manager, plans to open a fixed- income fund today that will allocate money across a range of emerging-market debt, according to a person briefed on the plan.

Hedge fund assets worldwide may increase 11% to $2.5 trillion by year-end, according to the survey by the Germany’s largest bank.

The IRS has issued a warning to taxpayers who receive emails claiming to be from the agency.

Money market mutual fund assets continued its steady decline the week ended Feb. 20.

Mutual funds overall continued to enjoy flows the week ended Feb. 20, reported Jeff Tjornehoj of Lipper.

Vanguard has made five key investment management appointments as part of what it says is its long-standing practice of periodically rotating members of its investment management teams to broaden their experience and provide them with new responsibilities.

After the municipal market struggled to get through a heavy new-issue calendar last week, another slate of sizable new deals will test the market this week, anchored by a $1.3 billion California higher education deal.

Vanguard has made five key investment management appointments as part of what it says is its long-standing practice of periodically rotating members of its investment management teams to broaden their experience and provide them with new responsibilities.

Although rising interest rates may challenge those bond investments with the highest sensitivity to interest rates, many parts of global fixed-income markets can provide reduced interest-rate risk and even be used to seek potentially strong performance in a rising interest-rate environment.

Guggenheim Investments is liquidating nine exchange-traded funds to make room for other "products that have demonstrated the most marketplace demand."

The Year of the Snake began on February 10. According to Chinese folklore, this year will be known for steady progress and attention to detail.

Equity and bond mutual funds alike started off the new year with a bang, bringing in $86 billion in fresh assets. This combined with $29 billion flowing into exchange-traded funds was by far the largest one-month gain on record for mutual funds, according to Morningstar.

Mutual funds overall continued to enjoy flows the week ended Feb. 20, reported Jeff Tjornehoj of Lipper.

Sales of deferred income annuities grew to more than $1 billion in 2012. But they are still a minor portion of the overall market, representing less than one percent of total annuity sales.

The Touchstone Funds Group is dumping six funds that its Board of Trustees deems to small and redundant.

Money market mutual fund assets continued its steady decline the week ended Feb. 20.

It’s business as usual for Chicago-based Harbor Capital Advisors, a manager of managers shop.

Fidelity Investments, the second-biggest mutual fund manager in the U.S., plans for the second time this year to bar new investors from a fast-growing fund focused on small-company stocks.