Wealth management

In 2006, Robert Isbitts, the chief investment officer of Emerald Asset Advisors in Weston, Fla., self-published his first book, "Wall Street's Bull and How to Bear It."

Chuck Akre beat 99% of his peers over more than a decade picking stocks based on price and ignoring much of what happened in the economy and government. He changed his approach after his fund declined 34% in 2008.

Expert investors and analysts have been saying it for years: economies in the emerging markets have become so sophisticated that the so-called frontier markets are becoming the place to find richer yields.

Royal Bank of Canada has agreed to buy the U.K. fixed-income money manager BlueBay Asset Management PLC for about $1.54 billion, in its biggest takeover in three years.

Three breakaway Morgan Stanley Smith Barney advisers — Greg Erwin, King Martin and Alan Rexius — have opened Sapient Private Wealth Management, a fee-based registered investment adviser.

Assets held in exchange-traded funds posted 10.6% growth in September, according to data collected by State Street Global Advisors.

For the managers of the Thornburg International Value Fund, troubles across the Atlantic are just weak spots in what is, overall, a solid market for overseas investments.

Credit Agricole, France's second-largest bank, has joined the list of European banking companies looking to make investment banking inroads on Wall Street.

The Bureau of Labor Statistics' latest employment report showed a continued downtrend for jobs in the "insurance carriers and related activities" industry, which lost 5,700 from August to September.

Piper Jaffray has announced that it will transfer its private capital business to an independent fund manager as of Dec. 1.

Banks that set goals for advisers' life insurance sales sell more life products, according to joint research by Kehrer-Limra and Limra.

Citigroup Inc. has become the second fund administrator to implement a new technology platform from youDevise specifically designed for servicing funds of hedge funds.

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It's not every day one of the 10 largest independent broker-dealers announces it has made financial institution investment programs a priority.

The Certified Financial Planner Board of Standards has proposed raising its membership fee by 80% to support a marketing initiative.

Wall Street's bond underwriting machine likely will remain busy in the final three months of this year and early next, say market analysts.

Goldman Sachs Group Inc.'s Litton Loan Servicing LP on Friday joined the litany of servicers suspending foreclosures to review their processes.

Chris Leavy, the former chief investment officer of equities at OppenheimerFunds, has been hired as CIO of U.S. fundamental equity at BlackRock Inc., a newly created position.

Brian Davis, the new director of adviser services for Scottrade Advisor Services, will not be making any drastic changes to the asset custodian business that the St. Louis discount retail brokerage launched five years ago.