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.
India is one of Asia's most compelling economic success stories
Offerings from American Funds, Fidelity Investments and The Vanguard Group Inc. had the biggest net outflows last year, according to Morningstar Inc.
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
In light of the extreme volatility in the municipal bond market, The Vanguard Group Inc. has withdrawn the documents it filed with the Securities and Exchange Commission to launch three muni bond index funds and three exchange-traded funds, as first reported on InvestmentNews.com.
Standard & Poor's foresees improving real gross domestic product (GDP) growth in 2011, and also foresees gains in the broader U.S. stock market following a 14% gain (as measured by the S&P 1500) in 2010.
First Trust Portfolios LP has filed with the Securities and Exchange Commission to launch nine international exchange-traded funds as part of its AlphaDex series.
