Indexed annuity sales also broke their previous quarterly sales record.
Lending to state and local governments has surged since the financial crisis.
Move is latest in Chicago-based RIA consolidator's effort to expand senior leadership team.
Need Deck<i>InvestmentNews</i> Research sorts exchange-traded funds by returns, flows and trading volume.
<i>InvestmentNews</i> Research sorts exchange-traded funds by returns, flows and trading volume.
Big players like Fidelity and BlackRock are creating new strategies for companies that are repatriating overseas funds.
Smart Saver intends to help investors use extra cash to take advantage of rising interest rates.
Bank of America Merrill Lynch survey suggests bull run approaching peak, while survey respondents cite a trade war as biggest risk
Agency says Core Performance Management and RMR Asset Management Co. misrepresented their identities to snap up newly issued bonds.
Insurer hopes Envestnet's technology will help reintroduce annuities to fee-based advisers.
Quant-driven funds, factor investing and high-active-share portfolios are among the areas that could flourish in the future.
Why some institutional product sponsors have trouble navigating the retail alts market.
Foreign investors are returning to Malaysia after the surprise victory of Prime Minister Mahathir Mohamad.
The accelerating demand means any weakness in stocks is likely to be met with buying from companies.
Fund has lost 7% so far this year after Gross made a bad bet on rates on U.S. Treasuries and German bunds.
The cost increases, approved by regulators in the second quarter, affect roughly $160 million of in-force premiums.
Agreement comes on the heels of a deal struck with power company bondholders last month.
Listing of American Finance Trust Inc., the $1.6 billion REIT advised and managed by Nicholas Schorsch's AR Global, has erased almost $1 billion in equity value.
Bitcoin slides more than 5% on news the SEC put off deciding whether to approve a bitcoin ETF.
UBS wealth management arm offers structured notes that employ relative-value strategies, typically the domain of hedge funds.
