Lehman to Exit Bankruptcy
The biggest bankruptcy in history saw the beginning of the end on Tuesday, as the reorganization plan of Lehman Brothers Holdings Inc. to exit bankruptcy in early 2012 was granted approval by U.S. Bankruptcy Judge James Peck.
Top Portfolio Products: Expanded IPO Indexes; New Australian Equity Trust; Filing for Van Eck-HOLDRs Deal
Vanguard changes 10 funds; First Trust fund looks for IPO; Grandeur Peak to launch two funds; and Castle Investment Management cuts expense ratio.
Top 5 Reasons Why U.S. Bonds Are Still a Good Bet
The United States’ reputation for backing its debt with a “full faith and credit” guarantee was tarnished by the S&P downgrade, but a beneficiary of the negative market sentiment was the very same asset class that caused the selloff in the first place: U.S. Treasuries.
2011 Q1 Earnings Preview: Asset Manager Outlook Overshadows Big Banks
As Q1 2011 earnings season begins, portfolio manager Richard Levine of Neuberger Berman Income Equity Fund expects good news from the finance sector.
Outlook 2011, Fixed Income: Low-Rate, but Volatile, Recovery, Neuberger Berman Says
The fixed-income market in 2011 should see a continued, modest yet sometimes volatile, U.S. economic recovery with low interest rates, according to analysts at Neuberger Berman.
Chilton Investment Co. Forms Private Wealth Management Business
Chilton Investment Co.has formed Chilton Trust Management LLC in Palm Beach, Fla., to advise and provide wealth management services to ultra high-net-worth individuals, the firm announced Monday.
? Vanguard President and CEO F. William McNabb, III will succeed John J. Brennan as Chairman of the $1.3 trillion investment management company and the...
On Board with Social Investments
Social Investment Forum (SIF) has anounced the election three new members and the re-election of two others to its board of directors.
'My Fair Lady' of Means
"Why can't a woman be more like a man?" That was the question Professor Henry Higgins sang out to audiences in Lerner and Loewe's "My...
Lehman Reportedly in Talks to Acquire Neuberger Be
Lehman Brothers is reportedly in discussions to acquire New York-based asset manager Neuberger Berman for about $3 billion, according to press reports. The Financial Times reported...