Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
High-net-worth individuals
By staff Writer41%: Percentage of high-net-worth individuals without a primary financial advisor. 50%: Percentage who are pessimistic about the economy in the next one or two years. 22%: Percentage who have put off or delayed estate planning. 4
August 11, 2008
Hedge Fund Pioneer Jack Nash DeadJack Nash, the refugee from Nazi Germany who helped change the mutual fund industry in his career at Oppenheimer & Co., then started the hedge fund business with partner Leon Levy by founding Odyssey Partners, the first hedge fund, in 1982, died July 30 in New York at the age...
August 10, 2008
DI Insurers Tell Grassley: We're Not Hurting SSDI ProgramDisability insurers plan to aggressively defend themselves against complaints by a powerful U.S. senator that they are hurting the Social Security Disability Insurance program by ...
August 10, 2008
DI Insurers Tell Grassley: We're Not Hurting SSDI ProgramDisability insurers plan to aggressively defend themselves against complaints by a powerful U.S. senator that they are hurting the Social Security Disability Insurance program by ...
August 07, 2008
More Auction-Rate Securities WoesIn the latest investigation of the troubled auction-rate securities market, the Securities and Exchange Commission's Division of Enforcement announced August 7 a preliminary settlement in principle with Citigroup Global Markets, Inc. (Citi) including proposed charges and a plan that would give individual investors, small businesses, and charities all $7.5 billion...
August 07, 2008
Practice EssentialThe financial advisory industry has changed dramatically over the past two decades. Close examination of the RIA market reveals a vibrant industry with a compounded...
August 01, 2008
Market Volatility AboundsOver the last four decades, the S&P 500 Index has posted an average of 58 days per year with an up or down movement of greater than 1%. From October 1, 2007--the S&P 500's historical high point--through July, 2008, the index has posted 83 such days, implying an annual rate...
August 01, 2008
DRA changes, mixed bag for consumersOn June 2, 2008, further amendments to SB 483, California's attempt to implement the Federal Deficit Reduction Act of 2006, were made. I am happy to report that the previous disclosure, which I discussed in last month's article, was