Chilton Investment exec was on vacation in North Carolina; nephew of Julian Robertson
Takes majority stake in Yacktman Asset Management; start of a trend?
The Oppenheimer Holdings solicitation allegedly overstated the value of holdings in the Global Resource Private Equity Fund, described in a private placement memorandum as a fund of funds intending to invest in natural resource-related companies.
Carrier aims to pull away from 'capital-intensive' products — including annuities
Turnkey asset manager in talks with Transamerica Life Insurance Co. and The Phoenix Cos. to develop income-producing product
Asset manager sees bumpy road ahead, as the PRC's building bubble finally bursts; materials companies will be hardest hit
Over time, switch to index funds likely to reduce number of active managers -- and boost the odds of outperforming
Judge finds for claimant in $5 million stoli benefits payment from Lincoln National Life
Marquee money management firm says the big country is headed for big trouble
Prudential Financial Will pay $17 million to settle with seven states; regulators claim insurer used more comprehensive database for cutting off annuity payments than one used to locate those owed money.
Illinois lawsuit alleges MetLife and Prudential owe some $524M in unclaimed death benefits
Life insurers have paid $52.6 million in death benefits since New York's banking and insurance regulator forced the companies to use government data to identify cases where they didn't pay claims.
New York state orders insurers to track down unpaid claims; $52M forked over in total
Lincoln National Corp. may raise fees and change its benefits on its popular MoneyGuard Reserve product, a combination of universal life insurance and long-term-care benefits.
Executives at life insurance companies can breathe a sigh of relief now that the proposed federal long-term-care insurance program — the CLASS Act — has been killed
