Market gyrations, low interest rates forces company to scale back; life insurance also nixed here
Barton Biggs, who trimmed bullish bets in September before U.S. stocks posted the biggest monthly gain since 1991, said that though he doesn't want to be fully invested in equities, “it's hard to get really bearish.”
With several high-profile -- and successful -- nontraded property trusts closing out, sponsors will soon be coming to market with new offerings. But given the ever-changing real estate market, experts warn broker-dealers to do their homework before piling in. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111129&Category=FREE&ArtNo=112909999&Ref=PH>Most-livable cities in the U.S. &raquo;</a>
Sun Life Financial Inc.'s hybrid whole-life and long-term-care product came out just last month, but the insurer is champing at the bit to build market share in a space currently dominated by just a select few.
Falling investment returns, rising costs of necessities has pre-retirees cutting back on prescriptions, skipping doctors' appointments, study finds
B-D failed to supervise adequately ex-rep in Oregon who flogged the investments; some clients in their 80s
A hefty charge ING Groep NV will take on its American variable annuity business appears to be a mixed blessing for investors hoping to snap up shares of the company's insurance unit once it makes its public debut.
Volatile equity markets and record low interest rates have led major variable annuity issuers to rein in sales, but a few insurers are drumming up business with products that reflect the “new normal”
MetLife Inc., the largest U.S. life insurer, kept the top spot in variable annuity sales in the third quarter by cutting rates to attract customers looking for a consistent return amid equity market declines.
John Cole Scott believes that sometimes it would be easier to squeeze blood from a stone than provide his clients with the retirement income they demand from their assets
Fed's low-interest-rate policy making tax-exempt debt very attractive, say portfolio managers; 'renewed confidence'
States, cities face rate cuts as financial pressures mount, credit rater warns; defaults, while rare, could increase
Supply to rise next year, likely driving down returns; 20% hike in issuance seen
Timing is everything, and the high-profile analyst blew hers with that celebrated muni meltdown prediction for 2011; she still may end up being right, though
Dire prediction by high-profile analyst fails to pan out; tax-exempt debt sees 10.5% gain this year
Unsecured debt for company maintenance facility now trading at 16 cents on the dollar
President Barack Obama's plan to cut the budget deficit repeats his call for curbing the tax exemption on municipal bonds and would give states a break on unemployment debts owed the federal government
