Thursday, Feb 23rd

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Experienced investors widens their investment spectrum

The former Director of Renaissance Technology, R J Fred, decides to preserve his money through international bond investments. He said that the investor has to widen his spectrum of investment option and should be optimistic, especially in this low rate market.

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Namvar the owner of financial corporation, found guilty for stealing $23 million

L.A. businessman Ezri Namvar, who filed bankruptcy protection for his investment companies and hotel, is accused for stealing $23 million. He tried to reinvest his client’s money in the real estate but the money is now on hold.

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Broker Dealer exclusion law demands consultants to meet client’s requirements

Broker dealers and investment advisors will not be able to play with same rules, after the introduction of regulation for retail investors by the SEC (Security and Exchange Commission); according to the former SEC staff member and a law professor.

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Acquisitive Fund Company lays bright future plans

The Chief Executive of Federated Investors Chris Donahue announced his plans for the acquisition of Sun Trust Banks, two months earlier. He has plans for international asset manager purchase, keeping global network distribution in eye.

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Insurer's VA Funds closure impacts advisors

Limitations in investment options closes best investment fund doors of the client, says representatives. Investment advisor M Kauffman was surprised to see that several fund investment options were closed when he was re-balancing one of his client’s ING variable annuities.

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