Hedge Fund Investors Aren’t Benefiting From Expanding Rules: Survey
Only 10% of institutional investors felt that new regulations would protect their interests, and 85% rejected the notion that they would prevent the next financial crisis, according to an Ernst & Young survey.
London Could Lose Out Over Eurozone Banking Union
Opposition to an EU budget freeze and to Britain’s joining a eurozone banking union could cost the City of London its position at the top of the world’s financial centers.
Top 5 Annuity Trends to Watch in 2012 and 2013
As the annuity industry deals with unprecedented challenges, advisors must keep abreast of product changes to help their clients make prudent decisions.
EEI: ‘Congress & President Must Act Now To Extend Current Dividend Tax Rates’
Today our nation is facing a series of tax hikes and mandatory spending cuts that threaten to send the economy over a ‘fiscal cliff’ at the end of the year.
New Hire Roundup: FINRA Names New Corporate Communications Head
This week in new hires, FINRA announced that Greg Ahern will be its new head of corporate communications, and Neuberger & Berman welcomed Brendan Gill.
On a Tear: How Altegris Made Alternatives Pay Off
Maintaining the proper work/family balance ain’t easy, something Jon Sundt knows firsthand.
Asian Millionaires Shun Wealth Managers
Wealthy Asians have lost confidence in not just private banks but also investment products and low returns since the market woes of 2008.
Biggest Group of Losers in Dividend Tax Hike? The Middle Class: Report
A plan to raise the dividend tax rate will have negative consequences for the middle class, according to a new study from Ernst & Young.
New Hire Roundup: Feldman Named Gold Bullion CEO
This week in new hires, Steven Feldman was named CEO and Eric Schwartz was made chairman of the board at Gold Bullion International, and United Capital brought in three new management team members.
Euro Economy Seen as Shrinking More Than Expected
Ernst & Young predicted that the euro zone will see its economy contract more than it had originally expected as countries tackle budget deficits.