Citing costs, government pulls plug on controversial long-term-care insurance plan; 'we're right where we have been operating'
Bruce Wasserstein, dead for two years, still casts a pall over the Rogue River Valley of southern Oregon, home of Harry & David Holdings Inc.
Long time come, but agents finally form guild to have leverage over corporate office decisions
Emerging-market stocks are “cheap” and Pacific Investment Management Co. is buying in China after the nation's shares tumbled this year
MetLife Inc. will take a charge of up to $135 million for unpaid death benefits based on Social Security Administration records.
Ameriprise Financial Inc. counts on controlled distribution and Lincoln National Corp. 'goes Greek' to hedge variable annuities.
The Institute is worried that a recent report about synthetic ETFs actually tarred all exchange-traded funds. That, in turn, led to 'inflammatory media coverage.'
With the Sept. 13 deadline on pay-to-play rules looming, mutual fund companies are in heated discussions with broker-dealers about getting access to customer information that they need to comply
The month of September was not good for hedge funds, but the alternative strategies on average still managed to outpace the broad equity market indexes.
Alternative investments have become compulsory in recent years as investors have sought gains in all kinds of markets, according to investment experts
As the mutual fund industry continues to migrate toward the alternatives arena, financial advisers might find individual fund selection among the more challenging parts of their job
More institutions are taking cover as uncertainty surrounding the euro is putting developed-market currency risk at center stage of global investment portfolios, including equities strategies
BlackRock Inc., the world's biggest money manager, has been buying junk bonds since relative yields widened to levels that signal default rates more than three times the current pace and in excess of Wall Street's most bearish outlooks for the economy
Sales of indexed annuities surged to $8.4 billion, growing 18% from the first quarter. Meanwhile, income annuities climbed 30% to $2.3 billion during the same period.
Aviva Life & Annuity Co. this month amended its lawsuit against six insurance agents in an alleged charity-owned life insurance scheme, claiming that the parishioners of a Los Angeles church were coached to lie to the insurer about the source of premiums for their coverage
State regulators are intensifying a probe into unpaid benefits after Florida Insurance Commissioner Kevin McCarty said in May that insurers may be keeping at least $1 billion in unclaimed funds.
Investors should buy equities because valuations, income growth and dividends show that the asset class is attractive, said Pacific Investment Management Co. LLC's Neel Kashkari
A federal funds target at virtually 0% poses an immediate threat to bondholders amid rising inflation and negative real yields, according to Bill Gross, who runs the world's biggest mutual fund at Pacific Investment Management Co. LLC
BlackRock Inc. will give its retail clients access to alternative investments through mutual funds
