New Hire Roundup: Advisor Software Adds Nguyen as Chief Technology Officer
Meanwhile, Hartford Funds announced that Tom Scanlan, Tom Monks and Nick Hammer have joined as advisor consultants.
Apple Is the New Pimco, and Tim Cook Is the New Bond King
Tech companies hoarding cash have become big fixed income players, going after investment-grade offerings.
Best & Worst U.S. Companies for 401(k) Benefits
Bloomberg ranked the 250 biggest companies in the U.S. on who offers the most generous 401(k) matches.
SEC Enforcement: Traders Used Wives’ Information to Make Insider Trades
Also in enforcement, Transamerica Financial Advisors was fined by the SEC for improperly calculating advisory fees and overcharging clients.
Companies Squeeze 401(k)s From Facebook to JPMorgan
Employers are holding back on both the amount and the timing of 401(k) matching funds and dragging out vesting schedules.
Top 10 Most Expensive Luxury Purchases Ever
Many people for whom money is no object — billionaires — spare no expense in indulging their appetite for luxury objects.
Apple Announces Dividend, Share Buyback
Apple Inc. announced its first dividend since 1995, a move long-awaited by individual investors and many mutual funds as the company neared a record $98 billion in cash.
Two People Charged in 17-Year Insider Trading Scheme
A corporate lawyer and a trader were charged Wednesday with running a 17-year conspiracy to trade on secrets about corporate mergers stolen from three of the nation's most prominent law firms, in one of the largest U.S. insider trading cases on record.
Bill Miller, Jeremy Grantham to Stay the Course in 2011
Legendary fund managers stick with allocations despite tough 2010.