NAFA's bid to delay the implementation deadline of the fiduciary rule has been defeated after the federal court rejected the group's request. The new regulation has been opposed by many industry members, but the Department of Labor has also been active in defending the matter in several courts.
Tags: Investment
Intruducing The New Members of Wiregrass Investment
Wiregrass Investment had already introduced their new members. Wiregrass Investment Management LLC recently welcomed Greg Bright and Stephanie Whittington to the team.
Inova Investment Fund Find Personalized Medicine Innovators
The Inova Health System is now investing and focusing on "personalized" medicine innovation.
How To: Investment for 2017
Here are some investment strategies with the stock market. Do you want to now the best bets this 2017? Well, here's a panel of seven investment strategist sharing their top stock market picks for 2017.
$1B Investment Fund Approved By Russia And Japan
Russia and Japan agree to set up $1 billion investment fund. The countries of Japan and Russia will create a $1 billion fund to invest in joint energy and infrastructure projects over the next five years, the leaders of the two countries said in Tokyo Friday at the end of meetings that looked cozy but fell well short of Japanese expectations.
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General Motors announced its plans to invest $328 million to to its Tonawanda and Lockport plants. The news came as a relief to the workers who felt reassured of their future as the company will retain hundreds of jobs on both plants.
Miller/Howard High Income Equity Fund (HIE) Announces Changes to Investment Policies. The Board of Trustees of the Miller/Howard High Income Equity Fund (HIE) (CUSIP-600379 101) (the "Fund") has agreed to make the following changes to the Fund's Investment Policies.
Sapiens International Corporation has increased its presence and investment in the Nordic region with the establishment of a new head office in Copenhagen, Denmark. Helle Hølmer has been appointed by Sapiens to be the Nordic regional director.
The landscape for the investment industry remains uncertain as the financial advisors and broker-dealers are yet to know the intention of the incoming administration regarding the fiduciary rule. The rule was passed earlier this year and is scheduled to take effect on April 10, 2017.
Perry L. Pe, the president of the Management Association of the Philippines, said that businesses would thrive better if the government shifts to federalism. He said that the call of President Rodrigo Duterte to transition into a federalist form of government would promote regional competition and support the growth of investments.
Unconfirmed reports surfaced about Apple meeting with the telecommunications giant SoftBank for a $1 billion investment in the latter's tech fund. The fund is set to be launched next year to support emerging technologies.
Virtual reality firm Survios has raised a total of $50 million in its round of funding, including an investment by Hollywood studio Metro-Goldwyn-Mayer.
Honda has invested an undisclosed sum to Uber's Asian rival, Grab, in a partnership that looks to boost services amid increased competition.
ESG investing continues to be a trend in the market as it provides unique opportunities and exposure to investors who are seeking to combine their principal values with their investment selections.
