New England Patriots offensive lineman Matt Light and about 20 other star athletes loaned more than $8 million to a California real estate company that teamed up with Fidelity Investments and Citigroup Inc. to invest in apartment complexes before collapsing and filing for bankruptcy protection.
Light, Toronto Blue Jays ace Roy Halladay and Los Angeles Angels [...]
Pyramis Global Advisors, the institutional unit of Fidelity Investments, said on Thursday it has hired Kevin Uebelein as president and chief executive officer.
Uebelein joins Pyramis from Prudential Financial (PRU.N: Quote, Profile, Research), where he was chief investment officer for all its international businesses for the past seven years, Pyramis said in a statement. At Pyramis [...]
Tharwa Investment Company, a closed Kuwaiti shareholding company with a paid up capital of KD15m announces the launch of a new fund to expand the offers for its investors on local and regional level.
The Tharwa Arab Investment Fund delivers medium to long term capital appreciation primarily through investing in a diversified portfolio of quality stocks [...]
Retirement savers have been plowing money into foreign stocks, but experts say many are failing to consider taxes and how the investments fit within their overall plan.
Foreign stock mutual funds accounted for $722 billion in workplace retirement accounts, including 401(k) plans, and in individual retirement accounts last year, according to the Investment Company Institute, a [...]
You’ve just received notice that you’re the benefactor of a sizable estate, but with this awesome gift comes the awesome responsibility of managing that money properly. What should you do? Where should you turn? From whom should you seek advice? It’s not hard to be overwhelmed when you’re looking to find unbiased financial advice to [...]
With a high school degree at age 15, a college degree at 19, and a Harvard MBA at 22, media banker Lisbeth Barron got an early start on Wall Street. But after more than 20 years in the business and 11 years at Bear Stearns before its implosion, she wasn’t just looking for a place [...]
The two largest advice businesses servicing this market, Grove Research and Advisory and Oakvale Capital, have reported an increase in enquiries for investment advice from NSW councils since the inquiry.
Enquiries are emanating from councils that previously did not receive financial advice and councils that had advice providers which have now been excluded by the Cole [...]
Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services to the investment management industry, today announced that more than 200 clients have licensed Advent Portfolio Exchange? (APX) since the product was launched in late 2005. APX is Advent’s next generation portfolio management solution offering a powerful platform that brings together mission-critical portfolio [...]
deCarta’s technology is ideal for the full continuum of mobile LBS solutions including off-board, server-based applications offered by mobile operators through to “connected navigation” — the ability to integrate personal navigation devices and smartphones through real-time two-way mobile connectivity to a variety of dynamic data sources and local search services.
In North America, location-based services have [...]
Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of The Bank of New York Mellon, today announced that Ark Asset Management Co., Inc. (Ark), a leading investment management firm in the institutional marketplace, will transition its installation of the Eagle investment management suite, which is currently managed in-house, to [...]
