Asset manager's repurchasing of remaining stake held by bank opens door to other third-party wirehouse platforms; 'no longer owned by a competitor'
Bailed-out insurer AIG should be broken up eventually because its two main businesses have “no strategic fit between them,” according to Harvey Golub, its former chairman
Firm hopes to have 30 to 50 passive and active offerings on the market by the end of 2012
Charles Schwab Investment Advisory Corp. has unveiled a select list of exchange-traded funds for retail investors
Jackson National Life Insurance Co. has temporarily closed off access to the JNL/BlackRock Global Allocation fund option in the carrier's variable annuities.
Advisers love exchange-traded funds. What they may not like so much: the execution of ETF trades -- particularly for less liquid funds -- can hit clients in the wallet
Jackson National has announced it will attempt to slow down sales of it sgenerous variable annuity contracts. How it plans on going about this is another proposition.
O'Hanley says expense will 'pop up' somewhere else; whack-a-mole for the SEC?
John Hirsch, 57, has been buying municipal bonds during the past four months, taking advantage of falling prices as muni funds are forced to sell them to cover withdrawals
Mutual funds that invest in floating-rate bank loans have emerged as one of the most popular strategies for protecting portfolios against rising interest rates
The news of late couldn't get much worse for muni bond investors, with gaping budget deficits and predictions of massive defaults. But fear not, BlackRock says there are lots of great investment opportunities in the tax-free universe. Just steer clear of those Florida dirt bonds.
American Century Investments has never been on most advisers' radar screens
Long tenure is fairly unusual among managers of growth mutual funds
Brian Barish is known for his ability to talk in depth about the stocks in his portfolios, often strictly from memory
Higher returns and renewed investor interest pushed most money managers' alternative assets under management onto higher ground last year, according to sister publication Pensions & Investments' annual survey of the largest money managers
David Lerner Associates Inc. has been accused of targeting unsophisticated seniors while selling real estate investment trust shares without considering whether the illiquid securities were suitable for its clients
When Malcolm Gissen explores a potential investment, sometimes an ambulance accompanies him
When it comes to the most-effective use of social media by asset management companies, The Vanguard Group Inc. and Fidelity Investments probably can claim more “likes” than any of their peers
New regulations aimed at ending the cozy relationship between government and those who advise the government on investment matters sound good on first blush. But as firms have discovered, the devil's in the details.
