Marsh & McLennan Cos. stock slipped after Brian M. Storms stepped down as CEO of Marsh Inc. on Friday.
Recent recalls of Chinese products, including poisonous pet food and toys coated in lead paint, are having little effect on red-hot Chinese stocks.
When it comes to using Monte Carlo simulations, Shawn Brayman says he’s heard it all.
Insurance regulators are joining the attack on investment fraud that targets older Americans.
Despite a downturn in private-equity returns, two new exchange traded funds providing investors access to that space may soon be launched. The proposed ETFs — one from PowerShares Capital Management LLC of Wheaton, Ill., and the other from Barclays Global Investors of San Francisco — would join what is the only private-equity ETF in existence: the PowerShares Listed Private Equity Fund.
With the cost of credit rising, companies struggling to raise cash in either the debt or equity markets have been increasingly looking for alternative financing through private investments in public equity, also known as PIPEs, turbocharging an already booming market.
Compensation for financial advisers continues to skyrocket, and the profession will become even more lucrative, according to a study released last week.
The municipal bond market is recovering after a period of extreme turmoil last month during which buyers disappeared and trading froze up. Despite a strong rally since then, observers say, some longer-term municipal bonds still offer yields almost equal to taxable paper — an extremely rare event — and remain attractive buys.
The escalating battle between A.G. Edwards & Sons Inc. and Stifel Financial Corp. is now in the courts.
Variable annuities, once the misunderstood child of the financial planning industry, are finding a new place in advisers’ hearts now that distributors are guiding them through the products’ complexities.
