Mutual Funds News
News on Mutual Funds continually updated from thousands of sources around the net.
UBS AG is facing claims of more than $600 million from clients who say the bank is responsible for losses they incurred on investments in risky Puerto Rico debt, UBS said in its quarterly report on Tuesday.
Yet risky assets like U.S. stocks and high yield bonds have seen some selling. "This seems to be a sign of investor fatigue setting in," he writes.
Thirty years ago, when I got my first job on a personal finance magazine, I called my father to tell him the good news.
The stock market may be at record highs, but you wouldn't know that from what Americans are typing into Google.
The adjustment in the periphery of Europe has two dimensions. The first, which has dominated developments, was prices.
Ken Moraif, CFP, is a senior advisor at Money Matters , a Dallas-based wealth management and investment firm with $2 billion in AUM.
The rise of the "robo-advisor" is hard to ignore. Startups Wealthfront , Betterment , Personal Capital , and others have shaken up the managed assets scene by letting algorithms determine the best allocation of capital.
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
My wife and I have $25,000 in credit card debt, $2,500 in medical bills and $89,000 each in student loan debt from when we each got our masters' degrees.
Summary On the rise in the folios last month, analysts said that robust market performance over the past few months helped investors renew faith in stock market.
Having more money in your hands isn't the big answer here. What you both need is a behavior change when it comes to money.
Bridging Finance is a private investment management company specializing in factoring.
The U.S. leveraged loan market is showing no signs of a seasonal slowdown. A flurry of opportunistic leveraged loans from issuers backed by strong demand from institutional investors suggests that the market may have recovered from a bout of weakness earlier this year just as geopolitical risk is increasing.
Tech job cuts are up 68% compared to last year - and that's before you even factor in Microsoft's planned 18,000 cuts - partly because companies are responding to a shift away from desktops and toward tablets and smartphones.
The singer had filed a complaint with capital market watchdog Sebi in January last year against HSBC alleging that as a mutual fund distributor it caused losses to her.
If you are reviewing your 401 selection or thinking over your investment choices for retirement planning , you may find an offering of "target dated" mutual funds.
In a long anticipated measure, the Saudi Council of Ministers issued a resolution on 21 July, 2014 authorizing foreign financial institutions to directly buy and sell stocks listed on the Saudi Stock Exchange to set the timing and rules for such participation.
Updated: Wed Jul 30, 2014 12:30 am
Copyright © 2014 Topix LLC