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As millions of Americans struggle to hold on to their homes, Wall Street has found a way to make money from the mortgage mess. Investment funds are buying billions of dollars' worth of home loans, discounted from the loans'...
NEW YORK — Total money-market mutual-fund assets rose by $3.71 billion to $3.339 trillion for the week, the Investment Company Institute said this past Thursday. Assets of institutional money-market funds rose by $8.62 billion...
Rothstein's investors included the ultrarich Wealthy Fort Lauderdale businessmen, hedge funds, money managers for the ultrarich — the sweep of Scott Rothstein's alleged $1 billion Ponzi scheme is beginning to emerge.
Ask the fool: Do any mutual funds mirror Berkshire Hathaway’s investment style? – D.G., online A: Be careful. Some people erroneously think of Warren Buffett’s company as a kind of mutual fund, since he owns stock in a bunch of...
by: Jeff Miller November 22, 2009 | about: I have noticed a profitable pattern. When you see someone interviewed on CNBC it could be a mutual fund manager, a hedge fund manager, or a trader. A mutual fund manager likes to see...
Investors wondering whether it's time to buy or sell stocks might be better off watching the calendar than anything else the next few weeks. Though the calendar should mean nothing to investors based on serious fundamentals...
Unless your broker was on top of things, odds are you probably missed the rally in closed-end fund performance this year. Over the past 12 months, funds on average saw their total returns up more than 45 percent — and some as...
Jonah Lehrer at The Frontal Cortex has an interesting bit up on expertise. The parts I found most interesting were on punditry and mutual fund managers. Key quotes…… Look, for instance, at mutual fund managers. They take...
A year after Barron's named him the best equity-income managed based on his five-year performance, Chris Wiles left Federated Investors in 1997 to launch his own investment firm, Rockhaven Asset Management.
Cadbury would prefer Hershey as a merger partner over Kraft but both American companies risk failure if they cannot finance generous bids, according to the UK company's chairman Roger Carr. By Amy Wilson and Damian Reece...
