Hedge fund performance replication has come to the mutual fund industry in the form of the IQ Alpha Hedge Strategy Fund.
Billionaire money manager Jeffrey Epstein was sentenced to 18 months in jail for soliciting prostitution.
Second-quarter volume of long-term muni bonds totaled $226.3 billion, a 1.3% drop from the same period last year.
The national manufacturing sector grew in June for the first time since January, according to the Institute for Supply Management.
The deal makes Hartford-based ING Wealth Management the third largest defined contribution business in the country.
The company completed the reorganization of $2.2 billion in assets of 26 Nationwide Funds into newly created Aberdeen Funds.
Last time, I discussed the rationale behind accelerating the payment of taxes rather than deferring taxes for as long as possible.
Analysts concerned about Security Benefit Life Insurance Co.'s investments in subprime-mortgage-backed securities have cut the firm's financial ratings and are keeping a careful eye on the Topeka, Kan., carrier.
Hypothetical returns utilized by a host of new exchange traded funds are reigniting a debate about the use of back-tested performance data.
"The cushion provided by well-covered dividend yields has taken on increased importance," a JPMorgan analyst wrote.
