The Federal Reserve has decided to continue its plan of purchasing longer-term securities while holding interest rates low through 2013 -- a move that may contribute to potentially detracting appeal of liability-driven investing strategies for plan sponsors.
An increasing number of schemes in the UK have closed to future Defined Benefit (DB) accrual or are currently in the process of doing so, a study by consulting firm Aon Hewitt reveals.
As volatility pummels currency-trading strategies, the world's largest currency hedge fund, FX Concepts, is hemorrhaging money -- and they're losing people as they're losing capital.
A New York City judge has tossed out a $19 billion claim that a trustee seeking money for Bernard Madoff's investors demanded from JPMorgan Chase, which had been the Ponzi schemer's bank.
The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have finalized new rules for systematic risk disclosure.
