Competing in a crowded, cost-focused market, 20-year-old Hennessy Funds is putting an emphasis on distribution.
After more than seven years of tapping into the Internet for the best stock pickers who are willing to run a virtual portfolio, Marketocracy Inc. has produced a top-tier mutual fund that is loosely subadvised by an eclectic group of individuals, most of whom have no connection to Wall Street.
Market turmoil and rising interest rates might kick off a new season for the fixed annuity as the product emerges from the shadow of its variable cousin, an industry expert said.
Salesforce.com Inc is going after the independent adviser market with Salesforce for Wealth Management, a customized, adviser-focused version of its popular customer relationship management application.
Bond insurers are in talks with banks, looking to wipe away some $125 billion of insurance on debt securities.
Some international-equity managers are wondering whether the drop in the greenback will continue, while others are beginning to implement currency hedges to protect their portfolios against a rise in the U.S. dollar.
At a time when stock markets have been buoyed by some positive economic data, small-cap stocks have whipped their larger brethren over the past three months.
In a move that likely will make environmentalist and actor Ed Begley Jr. proud, financial services firms are taking steps to make their offices green.
Optimism characterizes management's thinking at the Natixis Vaughn Nelson Small Cap Value Fund (NEFJX).
A handful of exchange traded funds are looking to give investors access to frontier markets, or countries that are less developed than traditional emerging markets.
