Investment VIPs
What top-performing investment strategists and portfolio managers are thinking about the latest market trends and how to build high-performing portfolios.
Alluring Stock Allows Treasury to Reduce Stake in AIG
By Arthur D. PostalStrong investor demand for American International Group stock is allowing the Treasury Department to reduce its ownership of AIG stock to 53% from 61%.
July 31, 2012
DOL Backs Off Controversial Brokerage Window PlanA revised Field Assistance Bulletin effectively eliminates several significant fiduciary requirements, says Dudley of ABC.
July 31, 2012
LPL Adds 223 Advisors as Profits Drop 13%In a repeat from last quarter, LPL Financial reported that quarterly profits were down although revenues were up.
July 31, 2012
DOL Backs Off Controversial Brokerage Window PlanEBSA backed off on its controversial fiduciary requirements involving brokerage windows under its fee-disclosure rule 408(b)(2) that had the retirement planning community up in arms.
July 30, 2012
Colleges No Longer in Vanguard of Social InvestingGoing back to anti-apartheid campaigns, university endowments were early adopters of addressing social and environmental considerations in investment. But their days leading that field are over, according to a study.
July 26, 2012
Vanguard CIO Gus Sauter to RetireVanguard says Chief Investment Officer Gus Sauter will retire on Dec. 31, when he will be replaced by Tim Buckley.
July 26, 2012
Nomura CEO quits as insider trading scandal widens (Reuters)Watanabe's replacement said he would map out a new global strategy, but would continue Watanabes ambition of being an Asia-based global investment bank.
July 25, 2012
Former Citigroup CEO Weill says banks should be broken up (Bloomberg)The Glass-Steagall Act was repealed under President Clintonof which Sanford "Sandy" Weill was largely responsible for in order to get the Travelers Group, Citicorp merger to happen.