Mutual funds

As JPMorgan Chase begins to remove the Bear Stearns name from its buildings, the firm is taking the opportunity to enhance its own brand identity.

Eaton Vance has received a no-action letter from the Securities and Exchange Commission that will permit it to provide a new auction-rate security known as Liquidity Protected Preferred Shares.

The Securities and Exchange Commission just released its full summer agenda, and according to SEC Chairman Christopher Cox, it will be extremely busy in the coming months.

Ralph Cioffi and Matthew Tannin, former Bear Stearns headge fund managers, are the first two criminal indictment casualties of the subprime crisis, with the FBI having arrested them at their homes on Thursday.

With the two presidential candidates casting lobbyists, and much of the industry, in a negative light, they are taking a cautious approach to the convention revelry and keeping a lower profile.

The Supreme Court's recent decision in LaRue v DeWolff to permit workers in 401(k) plans to sue administrators for high fees will inevitably lead to lower fees-and the end of the retail mutual fund industry's dominance of the market. That's the strong opinion of widely quoted, and frequent financial TV guest Ric Edelman.

Putnam Investments Selects Bob Reynolds as CEO

NEW YORK - Hedge funds are notorious for being secretive, private investment pools, but the time has finally come for them to become more transparent in order to capture the billions of dollars floating around alpha-seeking institutional investors' pockets.

Invesco, the global investment management firm with its U.S. headquarters in Atlanta, is continuing its efforts to evolve into a bigger global power brand with both diverse and expansive investment offerings. Parent company Invesco Ltd. is headquartered in London.

By now, investors are accustomed to the creative, informal "Talk to Chuck" advertisements of Charles Schwab & Co. in which animated, yet somewhat realistic, images of people gripe about trying to get through to other brokers, but take heart at the thought of reaching Chuck Schwab, the man, through one of his people.

The recent mortgage market crisis has opened a Pandora's box of white-collar cases probed by the U.S. attorney’s Eastern District office.

Goldman Sachs and Deloitte & Touche LLP announced they had finalized plans to unload a portion of a $7 billion structured investment vehicle, which was set up by U.K. hedge fund manager Cheyne Capital Management LLP, according to a recent report by Bloomberg.

When an employee leaves a firm, can they take their client list with them to their new job?

When the value of the dollar decreases, Americans are apt to invest in tangible assets such as real estate. As depreciation continues, it comes as no surprise that real estate mutual funds (REMFs) have grown 6% so far this year. What is surprising, however, is seeing financial success in one of the worst real estate markets in years.

Money market mutual fund assets fell $38.91 billion for the week ending June 18, according to the Investment Company Institute.

The Bank of New York Mellon Corporation is currently celebrating the 10 year anniversary of its ADR Index. This index has become a global benchmark for investments as mutual funds, exchange-traded funds and other structured products are scaled based on its valuation.

According to recent analysis by Watson Wyatt Worldwide, a leading global consulting firm, defined benefit pension plans tend to have higher rates of return than 401(k) plans.

The Supreme Court’s recent decision in LaRue v DeWolff to permit workers in 401(k) plans to sue administrators for high fees will inevitably lead to lower fees—and the end of the retail mutual fund industry’s dominance of the market. That’s the strong opinion of widely quoted, and frequent financial TV guest Ric Edelman.

The Securities and Exchange Commission announced Thursday that it would be releasing $103 million to investors who have lost money involving Banc of America Capital Management LLC (BACAP) and affiliates’ illegal and unethical activities.

On Thursday, PricewaterhouseCoopers and industry body CII released a report that concluded the mutual fund industry in India is facing a new threat, high operations costs.