Investment advisers' confidence in the financial health of the insurance industry — though still underwhelming — is on the rebound, according to the <i>InvestmentNews </i>2010 Insurance Product Survey.
Russell Investments still needs to figure out what it wants to be when it grows up.
Officials who are seeking to revive the New York Insurance Exchange may be moving away from earlier discussions of favorable tax treatment for participants, according to preliminary recommendations that indicate what shape the facility may take.
The securities industry hopes that the Supreme Court will reverse a lower-court decision that it fears could put all mutual fund companies and financial advisers who sell their funds at a greater risk of being targets of class actions, observers say.
Insurers, fund companies and advisers who serve small investors are likely to be big winners if the Automatic IRA Act of 2010 becomes law.
Simple Alternatives LLC, a startup mutual fund company focusing on hedge fund investments for registered investment advisers and small institutions, has hired Bruce MacDonald, 41, as its chief investment officer.
Speculating through exchange-traded funds isn't prudent for longer-term investors, according to John C. Bogle, who created the first index mutual fund in 1975.
James Walsh, the departing endowment chief at Cornell University, plans to start a $150 million hedge fund with performance fees that are spread out over three years.
Stinson hookwinked 260 investors in real estate investment scam, say prosecutors; claimed to be an MIT grad
Arrangement puts underwriter on retail par with other major firms
Jerry Pascucci, the chief investment officer for alternative investments at Morgan Stanley Smith Barney, is joining the U.S. wealth management unit of UBS AG to run alternatives for high-net-worth clients.
Dreman Value Management looks to dampen volatility by promoting Hoover to sole CIO; seeking 'alpha from more than a few stocks'
Although the run-up in emerging-markets debt may seem a little long in the tooth, a good case can still be made for purchasing these bonds.
After warning that deficit spending could force inflation higher, Warren E. Buffett shortened the duration of bonds held by his Berkshire Hathaway Inc.
The Hartford Financial Services Group Inc. is reducing the expenses on six of its fixed-income funds, but the funds are still far from being low for their categories, according to Morningstar Inc.
Seizures, defaults on pace to hit record number; 'serious price depreciation'
Financial advisers are keeping a close eye on The Vanguard Group Inc.'s new Standard & Poor's 500 ETF to see how the exchange-traded fund performs and whether it can compete with State Street Global Advisors Inc.'s SPDR S&P 500 ETF (SPY).