Investing

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Regulator to bond dealers: Don't rip off investors
RETIREMENT PLANNING JUL 22, 2011
Regulator to bond dealers: Don't rip off investors

MSRB warns against price manipulation in the wake of possible credit downgrades

By Dan Jamieson
'Sacred AAA rating' at risk even if U.S. default avoided: Pimco's El-Erian
FIXED INCOME JUL 22, 2011
'Sacred AAA rating' at risk even if U.S. default avoided: Pimco's El-Erian

Accord may still leave Uncle Sam still vulnerable, says fund firm boss: 'uncertainty premium'

By John Goff
A bridge loan too far? California aims to borrow $5B to protect against U.S. default
RETIREMENT PLANNING JUL 22, 2011
A bridge loan too far? California aims to borrow $5B to protect against U.S. default

State hedging against possible credit market chaos; lowest-debt rating of all 50 states

By John Goff
Triple-A rated insurers can handle a mild downgrade of U.S. debt
LIFE INSURANCE AND ANNUITIES JUL 22, 2011
Triple-A rated insurers can handle a mild downgrade of U.S. debt

The ratings of four major life insurers with pristine Aaa ratings are likely to hold steady, provided the U.S.'s government bond rating doesn't fall by more than one rung.

By Darla Mercado
Growth Fund of America saw $12.5B walk in the first half
MUTUAL FUNDS JUL 22, 2011
Growth Fund of America saw $12.5B walk in the first half

Investors are continuing to flee American Funds' offerings. Three funds from the group, a favorite of advisers, made the top five in most outflows for the first half of the year.

By Jessica Toonkel
New Fidelity funds meld target date portfolios, muni bonds
FIXED INCOME JUL 22, 2011
New Fidelity funds meld target date portfolios, muni bonds

Fidelity today launched four new muni bond funds. So what? Well, these tax-exempt offerings actually mimic target date funds. In theory, this new breed of muni fund should lower interest-rate risk.

By Jessica Toonkel
Muni bonds to surge as corporate debt slows on 'anxiety'
FIXED INCOME JUL 22, 2011
Muni bonds to surge as corporate debt slows on 'anxiety'

CUSIP Global Services expects a surge in municipal-bond issuance over the next 30 days to 90 days and a global slowdown in the sale of corporate debt because of “market anxiety.”

By Doug Cubberley
REIT motif: Property trusts still whipping stocks
ALTERNATIVES JUL 21, 2011
REIT motif: Property trusts still whipping stocks

Real estate investment vehicles rolling on with nearly 3% gain in latest quarter; up almost 33% in the past year

By Jeff Benjamin
ALTERNATIVES JUL 21, 2011
Big, bad CMBS are back despite reform talk

Commercial-mortgage-backed securities, one of the biggest sources of real estate debt in the last cycle, are back

By Arleen Jacobius
LIFE INSURANCE AND ANNUITIES JUL 21, 2011
Insurers getting plenty of mileage out of long-term-care hybrids

Pearl Neier, 85, decided against long-term-care insurance after hearing about the policies from AARP, the group that lobbies for older Americans

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUL 21, 2011
MetLife names Goulart as new CIO

MetLife Inc., the largest U.S. life insurer, selected Steven J. Goulart as chief investment officer to oversee a portfolio valued at more than $450 billion.

By Doug Cubberley
State regulators aren't nuts about souped-up ETFs
ETFS JUL 20, 2011
State regulators aren't nuts about souped-up ETFs

Leveraged and inverse funds over the head of the average investor, NASAA warns; plenty of fees, too

By Bloomberg
ETFS JUL 20, 2011
The complexity of ETF options

As they do with stocks, investors have the opportunity to trade listed options on many exchange-traded funds

By MFXFeeder
LIFE INSURANCE AND ANNUITIES JUL 20, 2011
Illinois securities cops revoke licenses of reps for annuity sales

The Illinois Securities Department has revoked the registration of two investment adviser representatives for inappropriately liquidating clients' annuities to fund the purchase of fixed-indexed annuities

By Darla Mercado
LIFE INSURANCE AND ANNUITIES JUL 20, 2011
Market lifts variable annuity assets to all-time high

Assets in variable annuities reached an all-time high in the first quarter of the year. Cash inflows helped, but the high-flying stock market was the real reason the coffers bulged.

By Darla Mercado
LIFE INSURANCE AND ANNUITIES JUL 19, 2011
Finra to revamp market exams for broker-dealers

By Darla Mercado
Short-term junk ideal for navigating long-term risk: RiverPark's Sherman
FIXED INCOME JUL 19, 2011
Short-term junk ideal for navigating long-term risk: RiverPark's Sherman

Fund manager generating solid returns with minimal exposure to interest rate risk; plenty of turnover

By Jeff Benjamin
GAO's financial advice: Hold off on Social Security, buy an annuity
RETIREMENT PLANNING JUL 19, 2011
GAO's financial advice: Hold off on Social Security, buy an annuity

A new study by the Government Accountability Office predicts that middle-class workers may well outlive retirement savings. The solution, the GAO says, is for workers to hold off on taking Social Security -- and buy annuities.

By John Goff
ALTERNATIVES JUL 19, 2011
David Lerner Associates sued over sales of REITs

David Lerner Associates Inc. has been sued by investors who claim that it acted negligently in the sale and underwriting of more than $6.8 billion in shares of the Apple Real Estate Investment Trusts

By Bloomberg
RIA NEWS JUL 19, 2011
Real estate for advisory firm owners: 'Everything is negotiable'

Financial advisers around the United States are taking advantage of the depressed corporate-real-estate market to move into bigger or more impressive office space that they couldn't have afforded before prices dipped.

By Liz Skinner