News

IMHO: Ballot 'Initiative'

For all the talk of “hope″ and “change,″ this extended election cycle has offered little of either, IMHO.

Funds See September Asset Drop

The combined assets of the nation's mutual funds fell 8.3% or $959 billion to $10.6 trillion in September, according to Investment Company Institute (ICI) data.

Managed Account Assets at $1.8T

Total managed accounts assets reached $1.85 trillion through the first half of 2008, according to the annual report “Cerulli Quantitative Update: Managed Accounts 2008.″

LaRue Bows Out of Legal Fight

A Texas management consultant, whose lawsuit over 401(k) fiduciary breach allegations became the subject of a landmark U.S. Supreme Court ruling on participants’ legal rights, has apparently run...