Better Benchmarks Through Behavioral Finance?
New understanding of behavioral finance means many one-size-fits-all benchmarks are outdated, Natixis and MIT researchers say.
Natixis to Fund Study on Investor Behavior
Natixis hopes an MIT study will help create automated, customized processes to help conflicted modern-day investors make better decisions.
New Hire Roundup: Great-West Financial Names Manello CFO
Also in new hires, Treasury's Office of Financial Research added 11 new members to its financial research advisory committee.
New Hire Roundup: Janus Capital Adds Scholes, Alankar
Also in new hires, the SEC announced that Thomas Krysa has been named associate regional director for enforcement in its Denver office.
FINRA Unveils Trade Prices in $1.5 Trillion Private-Bond Market
Investors have access to public price information in the $1.5 trillion market for privately sold corporate bonds beginning today.
Top 20 Richest Colleges for 2013: The Biggest Endowments
Of the 835 colleges studied, endowments rose by an average of nearly 12% in the fiscal year ending in June 2013.
Top 10 Richest Colleges for 2012—The Biggest Endowments
After a big year in 2011, these 10 colleges’ funds rose at a much slower rate last year.
Beyond the Ivory Tower
For three decades, Jim Poterba has studied how taxation affects household and business decision-making. The big takeaway for financial advisors: one size does not fit all.
Eurozone Slumps Further as Fidelity Predicts Bailouts for Spain, Italy
Despite the formation of a new government in Greece and a rescue for the banking sector in Spain, it looks as if a long, hot summer is in store for the eurozone.
London’s ‘Whale’ Loses $2 Billion for JPMorgan
CEO Jamie Dimon said that the office suffered an “egregious” failure and that losses from volatile synthetic credit securities could mount by another $1 billion in this quarter or the third.