Shrinking gap between Treasuries and corporate debt 'sign of credit market recovery'
Nervously await Deficit Commission report on the inside build-up of insurance products
Bond giant expects little impact from the Fed's quantitative easing; says sovereign debt a better bet
With growing concerns about an increase in defaults among state and city governments, money managers are ratcheting up their efforts to reduce the levels of risk in their municipal bond portfolios.
Standish Mellon Asset Management has spent the past several months unwinding the credit risk of its municipal bond funds, but isn't scared of massive defaults coming down the pike.
U.S. municipal bond yields rose to a four-week high as investors refrained from buying in hopes of better returns.
Warren Buffett, whose Berkshire Hathaway Inc. has been trimming its investment in municipal debt, predicted a “terrible problem” for the bonds in coming years
OppenheimerFunds Inc. is moving away from traditional print ads and brochures to focus on new digital marketing strategies aimed at financial advisers.
MetLife Inc.'s decision to stop writing new long-term-care insurance should be viewed as a positive event, according to Moody's Investor Services.
But the road to riches is paved with lots of obstacles, experts say
Invesco Ltd. is poised to give BlackRock Inc. a run for its money as the world's biggest asset manager, according to Don Putnam, managing partner of Grail Partners LLC.
Last year, The Charles Schwab Corp. launched its first exchange-traded funds, offering them commission-free
Affording health care during retirement remains the No. 1 concern of working Americans, according to a new survey from Edward Jones.
Pacific Investment Management Co. LLC, the Allianz SE fund unit overseen by Mohamed El-Erian and Bill Gross, took in more money than any other asset management firm during the third quarter, with more than $56 billion in deposits.
Financial advisers are bulking up their resources — and bracing for client complaints — as they prepare for the Jan. 1 deadline to begin complying with new cost basis rules.
FBR Capital Markets downgraded The Charles Schwab Corp. last week on concerns that the company could face more litigation from investors.
The flood of assets into U.S. Treasuries and bond funds over the past few years is not symptomatic of a bond bubble, but of a risk-averse investor universe,
If you ever wanted proof that rational economic man is a myth, look no further than the pricing of financial services.
Moody's Investors Service late yesterday downgraded John Hancock Life Insurance Co. (USA)'s insurance financial strength ratings, citing problems in the carrier's long-term-care insurance business.
