The Securities and Exchange Commission has launched a broad examination of alternative mutual funds, the Wall Street Journal reported.» Read More
NEW YORK, June 17- Traders are bracing for more volatility in markets as fighting in Iraq intensifies, with the recent rise in crude oil prices posing risks to the strong rally in U.S. stocks.
Betterment is part of a growing number of investment start-ups that provide a technology-based alternative to traditional wealth advisors.
JPMorgan is launching its first exchange-traded fund on Tuesday.
NEW YORK, June 17- J.P. Morgan Chase& Co is launching its first exchange-traded fund on Tuesday as the Wall Street bank's asset management business makes its debut in the $1.8 trillion U.S. exchange-traded fund arena.
The wolves of Wall Street won't stand a chance if the next generation truly embraces an algorithm as its wealth manager.
Personal Capital, an Internet-based personal finance platform, is aiming to end the stranglehold of Wall Street's high-fee brokerage model.
The online brokerage allows investors to build stock and bond portfolios based on themes and broad economic trends—and share them.
Dropbox has raised more than $1 billion in venture capital, the biggest bet that cloud-based collaboration is the future of the enterprise.
U.S. investment bank Goldman Sachs is the employer of choice for those working in the financial services sector globally, a new survey shows.
New York, June 13- The big retirement benefit consultants are facing increasing competition as financial advisers move in on their turf, according to Chip Castille, the head of BlackRock's U.S. retirement group.
*Market in doldrums in Europe despite low default rates. BARCELONA, Spain, June 13- Six years after mind-blowingly complex securitised debt brought the global financial system to its knees, the bankers behind the market are wary of official efforts to rehabilitate it in Europe.
Andrew unleashes a Twitter firestorm about noisy kids on flights. Ackman-Icahn are friends again. And so long Cantor. Find those stories and more on "Squawk Box" blog."
June 12- Institutional investors having trouble finding bonds for their portfolios from the usual suppliers are accepting a higher degree of risk and pumping billions of dollars into exchange-traded bond funds, boosting asset management firms such as BlackRock, Pimco and State Street.
Gold settled higher on Tuesday as palladium jumped to its highest level in nearly 3-1/2 years.
Palladium and platinum prices both rise. LONDON, June 10- Palladium jumped to its highest level in nearly 3-1/ 2 years on Tuesday, while platinum also gained, after talks to resolve a five-month strike in top producer South Africa broke down.
While many scoff at Uber's $18 billion valuation, the revenues of the taxi business and high profit margins suggest it may be worth more.
*Gold muted around $1,250/ oz on firmer dollar. LONDON, June 10- Platinum's rise extended into a fifth session on Tuesday as talks to resolve a five-month strike in top producer South Africa broke down, while gold inched up despite a firmer dollar which weighed.
NEW YORK, June 10- BlackRock Inc, the largest U.S. provider of exchange-traded funds, is expanding its lineup of low-cost ETFs with 10 equity and fixed-income funds that focus on areas such as dividend growth and value, and add exposures such as European and Pacific region stocks.
SINGAPORE, June 10- Platinum extended its winning streak to a fifth straight session on Tuesday as talks to resolve a 5- month long strike in top producer South Africa were deadlocked, with the mining minister quitting his role as a mediator.
SAN FRANCISCO, June 6- Uber Inc has raised $1.2 billion from mutual funds and other investors in a funding round that valued the fast-growing rides-on-demand service at $18.2 billion in one of the highest valuations ever for a Silicon Valley startup.