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Barrett Wissman is the first investment executive to be implicated in an investigation of corruption at the New York state pension fund.

Since 1974, Americans have had the ability to use IRA assets to buy investment property. Yet the means to do that -- called a self-directed IRA -- remains one of the least known and unheralded investment vehicles in the vast financial marketplace.

Barack Obama's chief economic adviser assures China its $1tn (£0.7tn) worth of investment in the US is safe.

A federal judge on Thursday granted a request from the Securities and Exchange Commission for a preliminary injunction to freeze the assets of Texan financier Allen Stanford and three of his companies that are accused of running a massive Ponzi scheme by U.S. regulators.

Bernard Madoff has arrived at the federal courthouse where he is expected plead guilty to 11 felony charges that stem from a ...

Battered by losses and redemptions, hedge funds worldwide could slash some 20,000 jobs this year as the outlook for investment managers remains dim.