Claim life settlement provider harmed investors by using flawed actuarial statistics
In a step toward more independence, Pacific Investment Management Co. LLC is taking control of fund sales from parent Allianz SE after the unit's assets jumped sixfold since the takeover a decade ago
Stock picker Eric Cinnamond has been generating 12% annualized returns for more than a decade. Now, he's got a new fund — and new challenges
Company decides to delay launch of six tax-exempt mutual funds and ETFs; 'consternation' about muni market
Prudential Financial Inc. has taken the crown as the biggest seller of variable annuities and overall individual annuities in the U.S. through the first half of this year, according to data released today by LIMRA.
Insurer aiming to regain independence; market conditions the wild card
With inflation looming, bond funds begining to purchase equity-linked debt; little downside to upside protection
Gold retained its luster, pipelines flowed and real estate provided a strong foundation for leading equity managers during the 12-month period ended Sept. 30, according to the Morningstar database
High-yield strategies continued to lead the top fixed-income strategies for the one-year period ended Sept. 30, according to Morningstar Inc.'s separate-account/collective-investment-trust database, though their dominance of late has waned
In rarity, yields on municipal debt outstripping Treasuries; 'value pendulum has swung'
A recent survey of financial professionals on fixed income allocations indicated a continuing strong preference for municipal and corporate bonds.
Offerings from American Funds, Fidelity Investments and The Vanguard Group Inc. had the biggest net outflows last year, according to Morningstar Inc.
India is one of Asia's most compelling economic success stories
The Securities and Exchange Commission's appointment of Eileen Rominger, an 11-year veteran of Goldman Sachs Asset Management, as its director of investment management marks the first time that the SEC has named an industry executive with no legal background to the position
