Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
EBSA Weighs In On IRA Debts
By Allison BellThe Employee Benefits Security Administration has released an advisory opinion that could affect a financial professional who serves as a broker for an individual retirement account and non-IRA accounts for the same client.
October 14, 2009
Are Boomers Likely to Dump Their Investments?Despite concerns over the changing behavior of retirees, empirical evidence suggests that baby boomers will not sell their accumulated assets quickly after they stop working, according to a CBO study.
October 07, 2009
BOLI Assets Rise To $115 BillionBank-owned life insurance assets increased 2.5% at U.S. commercial banks and federally regulated savings banks during the 12-month period that ended June 30.
September 09, 2009
CBO: Boomers Not KilljoysPredictions that the baby boomers will crash the stock market when they retire are probably exaggerated, a Congressional Budget Office analyst writes.
September 01, 2009
Danger & Opportunity: Futures EducationYou've all heard the common wisdom about investing in 2008, and perhaps you've even said it yourself: Diversification didn't work in 2008, because in that...
August 31, 2009
3 More Banks CrashWith more than 80 banks already in bankruptcy so far this year, the Federal Deposit Insurance Corp. reported Friday that it has closed 3 more banks and assigned their assets and deposits to other institutions.
August 31, 2009
3 More Banks CrashWith more than 80 banks already in bankruptcy so far this year, the Federal Deposit Insurance Corp. reported Friday that it has closed 3 more banks and assigned their assets and deposits to other institutions.
August 07, 2009
This DAF Has Open ArchitectureSchwab Charitable expands the investment choices for its donor-advised fund (DAF) accounts and adds asset allocation tools. The result: open architecture.