Financial advisers to some private-equity funds fear that efforts to reduce systemic risk in the financial markets, a key theme of the massive reform bill signed into law last week, are unfairly targeting them.
A recommendation by an SEC task force that life settlements be treated and regulated as securities has raised concerns that another turf battle may be brewing between state insurance regulators and federal securities cops.
Invesco PowerShares Capital Management LLC today launched nine small-cap-sector exchange-traded funds, but that's going to be the last new offerings the firm rolls out for a while.
Janus Capital Group Inc. has introduced a value income fund using managers from both its internal fixed-income team and its Perkins Investment Management LLC subsidiary.
Laurent Saltiel, manager of Janus Capital Group Inc.'s $2.44 billion Worldwide Fund, will leave the firm at the end of May.
As a new crop of money managers and investment banks enters the hot market of exchange-traded funds, the challenge already has proved too much for some in a sector where scale is key.
While the market recovered in 2009, most asset managers did not, according to a report Tuesday from The Boston Consulting Group.
Goldman Sachs Asset Management's effort to expand its small defined-contribution business by offering custom target date funds has caught the attention of advisers.
The U.S. economy could well be headed for another downturn — and financial advisers should direct clients to move their money out of the domestic equities market and into long-range opportunities overseas and alternative-asset classes, two well-known investment managers said last week.
Western National Life, an AIG Inc. subsidiary, emerged as the top fixed-annuity seller in the bank channel during the third quarter of 2009, displacing rival New York Life Insurance Co., according to data from Beacon Research Publications Inc.
Capital Group Cos., the largest U.S. manager of stock mutual funds, asked regulators for permission to open its first new fixed-income products in four years.
Fixed-income fund managers likely will face heightened margin requirements when trading privately negotiated derivatives under the new financial services reform bill.
A new tool that is marketed as being able to help identify the most likely mutual funds to outperform the market promises to stir up debate among both financial advisers and providers.
Star slugger's sign in left field replaced by ad for insurer
Given the recent swings on the stock market, nervous investors might want to consider a fund that dampens volatility. One such fund: the Goldman Sachs Absolute Return Tracker Fund Ticker:(GARTX).
American Insurance Group Inc. and some of its directors and officers have agreed to a $725 million settlement to resolve allegations of wide-ranging fraud laid out in a class action suit led by three Ohio pension funds.
Mike Latham has been named global head of BlackRock's iShares exchange-traded-fund business, a new position, confirmed spokeswoman Bobbie Collins.
With the euro under pressure during May 2010 and concerns about slower growth in Asia, S&P Equity Research believes that choosing a global mutual fund based solely on a fund's track record comes with risks as most funds that outperformed in 2009 underperformed in 2008.
The groups also claim the Labor Department is stepping outside the bounds of ERISA by claiming the authority to define what investments are appropriate for plans
American International Group Inc.'s financial position remains relatively stable, according to a report released last week by the Government Accountability Office.