More than two and a half years after the market-timing scandal, investors have yet to recieve a dime in restitution

Many bond funds prefer not to bet on the direction of interest rates. Here are a few that do - and win.

Merill's $8 billion swap with BlackRock fixes its house funds conflicts. Or does it?

Hard to believe, but true: Real estate wasn't always the hot dot. Just five years ago, the average real estate investment trust (REIT) traded at a big discount to the value of its assets by about 25 percent, on average, according to...

Barton Biggs made his name as the (as one journalist put it) lead investment strategist at Morgan Stanley over a period of 30 years. A value-oriented investor, Biggs was a killjoy during the Great Buying Panic of the 1990s, and the New Paradigm...

The trouble with hedge funds is not necessarily their expense. The real deal breakers for financial advisors with wealthy clients who have sophisticated needs are that hedge funds tend to be illiquid and lack transparency. There are registered...

Critics complain that hedge funds are too expensive for the returns they have lately been producing. Setting performance aside (which is as varied as the strategies pursued), on first blush, the ante does seem somewhat dear: Most hedge funds...

Many businesses spend small fortunes to establish and promote their brands. Last year, Merrill Lynch, for example, spent about a half-a-billion dollars on marketing and business development. Imagine Merrill's new challenge: Come April, Merrill...

Private foundations are usually organized as trusts or not-for-profit corporations. When choosing between the two, advisors tend to focus on ease of formation and maintenance, flexibility and standards for trustees or directors. They generally don...

It remains to be seen whether anybody was playing a cosmic joke when Hurricane Wilma was tearing South Florida apart at the same time that President Bush was appointing Ben S. Bernanke to succeed Alan Greenspan as chairman of the Federal Reserve...