Investment Strategies
Get the latest market outlook, as well as news and analysis on mutual funds, ETFs and alternative investments, all designed to help you construct a well-balanced portfolio for your clients
Columbia-RiverSource to Streamline 62 Fund Offerings
By Janet LevauxColumbia Management Group says that it has proposed 62 fund mergers as part of the sale of its long-term asset-management business to RiverSource Investments, which is owned by Ameriprise Financial.
August 20, 2010
Bank Failures Outpace 2009A tally of bank failures so far this year reveals a troubling trend, but hardly surprising; the number of failures has sharply increased over last year as the economy continue to struggle to regain footing.
August 20, 2010
Western U.S. Has Highest Jobless Rate; Nevada Worst State, 14.3%Unemployment this July in individual states was little changed compared to June, with the jobless rate falling in 18 states, rising in 14 states, and staying flat in 18 states, the U.S. Labor Department reported August 20.
August 20, 2010
New Jersey Note Auction 'Oversubscribed' Despite SEC SuitJust one day after settling allegations of fraud with the Securities and Exchange Commission, New Jersey sold $2.25 billion in short-term notes, a new record.
August 18, 2010
Vanguard's New Target Date Fund Takes Aim at Gen Y'ersGen Y investors will be able to take advantage of Vanguard's latest offering, the Vanguard Target Retirement 2055 Fund.
August 18, 2010
Elliott Wave Forecast From Crash-Predictor Prechter Goes ViralBuzz about the Elliott Wave went viral over the last week as media groups and bloggers talked about Robert Prechter's forecast for U.S. stocks.
August 18, 2010
Interest in Gold Shares Surge, Says ETF Securities ExecutiveETF Securities USA said ETFS Physical Swiss Gold Shares (SGOL) had a record day's trading volume on August 11 of 1.74 million shares, or $208 million.
August 17, 2010
U.S. Trust Add Wealth Management Executives in Northeast RegionU.S. Trust has appointed three executives to its northeast division, the firm announced Tuesday.