Fri, May 29 2015
- When financial adviser Rick Kahler wanted to revamp his marketing strategy three years ago, he decided to learn about the hype surrounding “search optimization.”
(James Saft is a Reuters columnist. The opinions expressed are his own)
NEW YORK - Roughly 11,000 additional victims of Bernard Madoff's Ponzi scheme may recover some of their losses, and the number could double as an official overseeing a $4.05 billion compensation fund set up by the U.S. government reviews more claims.
BOSTON - While many U.S. asset managers that focus on stock picking are getting squeezed by low-cost passive rivals, at least one of them has found a way to benefit.
NEW YORK - Investors worldwide poured $4.5 billion into funds that specialize in Chinese stocks in the week ended May 27, marking the biggest weekly inflows into the funds since April 2008, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
BUENOS AIRES - Argentina's real estate, utility and agricultural sectors all offer a smart bet ahead of a change in government in December, said New York-based Bienville Capital Management, whose new Argentina-focused fund has raised about $250 million.
Thu, May 28 2015
CHICAGO - Americans need bigger retirement nest eggs, there is no doubt about that. More than half of us have saved less than $25,000, according to the Employee Benefit Research Institute.
NEW YORK - U.S. corporate pension funds turned less solvent in 2014 versus 2013, approaching risky levels based on regulations, as their liabilities ballooned by more than $180 billion, according to UBS analysts.
NEW YORK - BlackRock Inc, the world's largest asset manager, has no intention of buying a retail brokerage firm, Larry Fink, the chief executive officer, told shareholders Thursday morning.
NEW YORK - Investors in U.S.-based funds pulled $2.2 billion out of funds that mainly hold U.S. Treasuries in the week ended May 27, data from Thomson Reuters' Lipper service showed on Thursday.
Bill Clinton had his saxophone. Martin O'Malley has his guitar.