Nuveen Investments Inc., the asset manager owned by Madison Dearborn Partners LLC, plans to start a fund to buy corporate debt, the firm said in a prospectus filed today with the U.S. Securities and Exchange Commission.
Open-end U.S. municipal-bond funds dropped an average 3.7 percent in the past month as investors withdrew money for the first time in seven months.
Neal Smalbach was fired by a broker-dealer in 2008 for selling securities while he was unregistered, an infraction that got him suspended by the Financial Industry Regulatory Authority Inc. for six months, according to the organization's BrokerCheck system.
Right now, the increase in the cost of living is far outstripping returns on certificates of deposits -- even long-term CDs.
Pointing to improvements in corporate culture and stewardship grades, Morningstar Inc. has raised its ratings for J.P. Morgan Asset Management's SmartRetirement target date funds.
Entering mostly uncharted waters; 'not an easy place to be fishing for assets'
Pimco has dumped all its holdings in long-term U.S. debt, and bond king Bill Gross is now betting against Treasuries. But traders say the legendary fund manager couldn't be more wrong.
In the wake of the announcement that Columbia Management Investment Advisers LLC will buy Grail Advisors LLC, one of Grail's partners is still making plans to go it alone with active ETFs
Davies latest in a series of of top execs who've left the financial firm since CEO change in 2008
California today announced a settlement with John Hancock Financial Services Inc. after an investigation revealed that the carrier failed to deliver deceased clients' death benefits promptly to the tune or $20 million. Similar cases are ongoing in Florida, too.
Index specialist Vanguard has set it sights on the ETF market in Europe. BlackRock, already the king of the continent, awaits.
After a surge in variable annuity sales last year, financial advisers are curious about just how much more business the largest sellers can handle without biting off more than they can hedge
Soaring premiums on long-term-care insurance have seniors and advisers up in arms. Some believe new hybrid products may provide better protection and more flexibility.
Debt markets not flinching, says ING's Doug Cote, a good sign stocks will bounce back; 'buy on the dips'
Traditional portfolio construction using just long-only stocks and bonds is yesterday's story and no longer enough to generate real diversification and sustained performance, said Ricardo Cortez, senior portfolio management specialist at Broadmark Asset Management LLC.
Few investors grasp the damage inflation can do to long-term debt. But a new online tool from BondView might help bring clients' expectations in line with reality.
Selling into a depressed market is not the brightest move ever, but that's what many clients are doing by cashing out their muni bond funds. The better play? Stay patient -- and buy individual bonds
Firm eyes restricting sales of tax-exempt instruments to clients with e-mail addresses; construed as checking up
MSRB looking to boost information available to B-Ds, investors; source of that info still a bottleneck, however
Survey shows few pre-pensioners have set aside money for LTC or even raise the topic with advisers or loved ones
