2009 looks bad for hedge funds
By Danielle AndrusThe hedge fund industry lost 7 percent of funds in the first three quarters of 2008, the Associated Press reports. That's up more than 70...
January 15, 2009
SEC Commissioner: Rules between advisors and broker/dealers need to be "harmonized"SEC Commissioner Kathleen Casey believes rules for investment advisors and broker/dealers are out of sync. Casey said Wednesday she "strongly believed" that rules needed to...
January 15, 2009
December legislation is not enough for pre-retirees according to HR consulting firmWhile the Worker, Retiree and Employer Recovery Act (WRERA) enacted in December was a step toward better predictability of pension funding obligations on a long-term...
January 15, 2009
Zero-percent income increase for America's seniorsFor the first time since cost-of-living adjustments went into effect in 1975, the 37 million American seniors who receive monthly Social Security checks are forecast to receive no increase whatsoever. Since automatic raises were first established,
January 14, 2009
Firm stability and fund selection trump performance as key drivers of mutual fund loyaltyMarket volatility means today's investor no longer looks at a mutual fund's performance, but the stability of a mutual fund company and the breadth of...
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