Fund giant's Aa3 rating makes it a low credit risk, but Moody's still worries about transparency.
Board members and fund executives polled are now spending more than 50 hours per quarter managing board responsibilities.
Affiliated Managers Group today announced that it had purchased a stake in ValueAct Capital Partners.
The firm has upped its subprime-mortgage losses to $27.2 billion, $6.3 billion more than earlier reported.
American International Group Inc.'s third quarter net income dropped to $3.09 billion or $1.19 per share.
ProShare Advisors launched two short exchange traded funds that are designed to generate inverse performance compared to the markets in China and Japan.
Elizabeth A. Ward will handle all elements of strategic risk management and have oversight across MassMutual’s companies.
The funds include an international style-consistent growth fund and an asset allocation fund.
John Hancock's new program is designed to help 401(k) plan advisers capture and retain rollover assets.
The dollar fell to historic lows against the euro on concerns that China would move reserves out of the U.S. economy.
