Investing

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RETIREMENT PLANNING APR 29, 2011
John Hancock will draw the curtains on AnnuityNote simplified VA

By Darla Mercado
Jeremy Grantham: Stocks on the verge of being 'dangerously overpriced'
EQUITIES APR 29, 2011
Jeremy Grantham: Stocks on the verge of being 'dangerously overpriced'

Jeremy Grantham, chief investment strategist at Grantham Mayo Van Otterloo & Co., said the Federal Reserve's attempt to boost the economy could push U.S. stocks to a level where they will be “dangerously overpriced.”

By Mark Bruno
EMERGING MARKETS APR 29, 2011
Mobius talks Turkey: Best bet in emerging Europe

Templeton fund manager plans to plow another $250M into Turkish equities

By Bloomberg
EMERGING MARKETS APR 29, 2011
Mark Mobius: Emerging markets investments that will benefit from the World Cup

I'm sure a number of you have been keenly following the World Cup matches as they play out across South Africa.

By Bloomberg
FIXED INCOME APR 27, 2011
Credit Suisse analyst: No more QE2? No problem

Still, June expiration has many worried; institutions to the rescue?

By Dan Jamieson
Ameriprise set to buy Grail Advisors: Sources
ETFS APR 27, 2011
Ameriprise set to buy Grail Advisors: Sources

It's been a busy few days for Ameriprise Financial. Earlier this week, the firm, along with subsidiary Securities America, lined up an agreement with lawyers representing investors who got burned in Reg D offerings. And today, it appears the company is on the verge of acquiring Grail -- and moving into the actively-managed ETF space.

By Jessica Toonkel
LIFE INSURANCE AND ANNUITIES APR 27, 2011
Merger pace slow for U.S. life insurers in 2010

U.S. life carriers had a fairly small appetite for mergers and acquisitions in 2010, with much of the activity taking place in AIG's shedding of its foreign life insurance subsidiaries.

By Darla Mercado
EMERGING MARKETS APR 25, 2011
Vindicated Mobius says emerging markets still best bet

Legendary investor called his shot in 2009 -- and was right; sees more gains ahead for BRICs, frontier markets

By John Goff
Oil rocketing Russia to top of fund manager's picks
EMERGING MARKETS APR 25, 2011
Oil rocketing Russia to top of fund manager's picks

Milev says rise in price of crude boosting country to No. 1 choice among emerging European markets

By Jeff Benjamin
MUTUAL FUNDS APR 24, 2011
Former Schwab exec to pay $150K in SEC YieldPlus case

Ex-Charles Schwab Corp. investment company manager Randall Merk agreed to pay a $150,000 civil fine to resolve a Securities and Exchange Commission lawsuit accusing the company of misleading investors in its YieldPlus fund.

By Doug Cubberley
LIFE INSURANCE AND ANNUITIES APR 24, 2011
Broker-dealers lack E&O savvy

At a time when litigation has threatened the financial viability of several securities firms, executives at independent broker-dealers, as well as the more than 110,000 or so independent-contractor registered reps, often are woefully underinformed about their errors-and-omissions insurance, according to industry observers

By Bruce Kelly
LIFE INSURANCE AND ANNUITIES APR 24, 2011
New insurance alliances spawn annuity innovations

Smaller life insurers — battered by the recession but ready to get back into the annuity business — have begun to outsource the manufacturing of fixed indexed annuities to marketing groups

By Darla Mercado
MUTUAL FUNDS APR 24, 2011
Putnam's fund evaluation tool 'a bold statement'

Putnam Investments has launched an online tool that enables its financial adviser clients to evaluate more than 10,000 mutual funds using up to 60 different criteria. Next month, advisers also will be able to compare up to 1,100 exchange-traded funds using the Fund-Visualizer tool

By Jessica Toonkel
MUTUAL FUNDS APR 22, 2011
Ex-Fairholme managers launch fund

By Jeff Benjamin
Portfolio manager is long optimism with equity fund
EQUITIES APR 22, 2011
Portfolio manager is long optimism with equity fund

Dale Harvey of Poplar Forest Partners prefers cheap and out-of-favor stocks

By Jeff Benjamin
LIFE INSURANCE AND ANNUITIES APR 22, 2011
Illinois' top insurance cop to run Federal Insurance Office

By Darla Mercado
ALTERNATIVES APR 21, 2011
Amaranth won't face SEC enforcement action

The SEC will not bring an enforcement action against Amaranth Advisors following a three-year investigation, according to an Aug. 19 letter to Amaranth's attorney from Philip Koski, assistant regional director in the SEC's Boston office, which was obtained by P&I Daily.

By Bloomberg
Can LPL crack the code? B-D launches expanded fee-based VA platform
LIFE INSURANCE AND ANNUITIES APR 20, 2011
Can LPL crack the code? B-D launches expanded fee-based VA platform

The indie B-D is bucking the trend with the launch of its expanded fee-based VA platform. A single fiduciary standard will likely improve the odds of success

By Darla Mercado
LIFE INSURANCE AND ANNUITIES APR 20, 2011
'Fire sale' probably helped ignite surge in VA sales

Advisers notified clients about planned reduction in features, hike in fees

By Bloomberg
Axa Equitable, Wilshire Associates form fiduciary dynamic duo
LIFE INSURANCE AND ANNUITIES APR 19, 2011
Axa Equitable, Wilshire Associates form fiduciary dynamic duo

Axa Equitable Life Insurance Co. has paired up with Wilshire Associates Inc. to give small and midsize retirement plans access to fiduciary services.

By Darla Mercado