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The article reports on the proposed retirement savings of Senator Tom Harkin in the U.S. It states that Harkin has introduced a bill in which the traditional three legs--pensions, personal savings, and Social Security would be supplemented by investment vehicle, called USA Retirement Funds. It adds that Harkin's funds offered some features of defined-contribution plans, such as 401(k)s in which all businesses with more than 10 employees would be required to enroll them.

The article reports on the decision of investment management company Vanguard Group of Investment Cos. not to disclose daily net asset values (NAVs) in the U.S. Other companies that have conceded to greater transparency are highlighted which include Goldman Sachs Asset Management, J.P. Morgan Chase & Co. and BlackRock Inc. According to Peter Crane, founder of Crane Data, sometimes financial disclosure results to confusion among investors.

The article discusses a report published by Hedge Fund Research Inc. on December 11, 2012, which states that around $31 billion has flowed into the hedge funds in 2012 and notes that the industry has more capital than ever. It notes that 824 funds have been launched and 635 have closed in 2012. It mentions a fall in management fees by the smallest of margins and the fall in incentive fees by 14 basis points to 18.62 percent.

The article reports that Tiger Global Management LLC, the 8 billion dollars hedge fund run by Chase Coleman and Feroz Dewan, looks for value in Groupon stocks and Bonds. It announced a 9.9 percent stake in Groupon on November 20, 2012. Tiger's aggressive move on Groupon came a month after Carl Icahn announced a similar-size position in Netflix.

The article discusses lessons from the October 19,1987 stock market crash or Black Monday in the U.S. It mentions a fall of 22.6 percent in the Dow Jones Industrial Average on that day. It notes that the similar decrease would knock the Dow by 3,061 points. Furthermore, the Investment Co. Institute (PDF) points out that only 16 percent of Americans owned equities in 1983 and 30 percent in 1989 at that time.

The article reports that Goldman Sachs & Co. is doing away with the two-year analyst contracts it has bestowed on the most promising college seniors for the last quarter century. Goldman's decision is a reflection of how the usual Wall Street career arc has changed. Young people are taking longer to enter the industry. There are less jobs, and positions in the less-regulated world of hedge funds, private equity, and venture capital offer, in many cases, higher pay for less hassle.

The article focuses on the absence of elementary financial concepts and critical knowledge to avoid investment fraud in the U.S. It mentions that confusing document cause American investors flunk financial literacy tests. It mentions that the members of the American Association of Retired Persons (AARP) urged the U.S. Securities and Exchange Commission (SEC) to use design professionals for recreating common paperwork.

The article announces the retirement of Edward P. Owens from the post of manager at Vanguard Group of Investment Cos.

The article announces that Edward P. Owens manager of the Vanguard Health Care Fund at Vanguard Group of Investment Cos., has retired.

The article offers information on a study related to financial industry conducted by the U.S. Securities and Exchange Commission (SEC). It states that dislike for information on paper is a problem for those who wants money managers to tell investors more about strategies and fees structure. It mentions that investors are not well informed about elementary financial concepts and lack knowledge to avoid fraud.

The artiicle offers information on the retirement of fund manager Edward P. Owens from Vanguard Group of Investment Cos.

The article offers information on a survey conducted by the U.S. Securities and Exchange Commission (SEC) which reveals poor financial knowledge amongst investors. It states that financial concepts like compound interest, diversification between stocks and bonds, and inflation are not clear to them.

The article offers information on the retirement of fund manager Edward P. Owens from Vanguard Group of Investment Cos. in the U.S.

The article offers information on the survey conducted by the Securities and Exchange Commission (SEC) which reveals weak financial knowledge amongst investors in the U.S. Under the study SEC found that financial concepts like compound interest, inflation, and diversification between stocks and bonds, are unknown to investors.