Wealthy Americans expressed more satisfaction with their alternative investments than traditional investments over the last 12 months, according to a Bank of America survey.
Despite market conditions, a survey from Schroders found that U.S. individual investors are more invested in domestic and international equities than last year.
The combined assets of the nation's exchange-traded funds (ETFs) were $578.07 billion in June, dropping 5.3%, according to the Investment Company Institute (ICI).
Merrill Lynch’s Survey of Fund Managers for July found dramatic polarization in investment allocations and increased skepticism for earnings forecasts.
UBS AG plans to buy back as much as $3.5 billion of auction-rate preferred shares in the face of a lawsuit by Massachusetts authorities claiming the firm fraudulently...
A lawsuit was filed on behalf of shareholders against Lehman Brothers Holdings Inc., alleging the conduct of Lehman and four high-ranking officers caused the economic loss suffered by...