The American Council of Life Insurers is asking policymakers to bar the securitization of life settlements.
HSA deposits are expected to top $14 billion in assets this year, up from $1 billion in 2006
An upturn is coming in the publicly traded real estate space, and investors need to be nimble to take advantage, says Ritson Ferguson, manager of the $1.9 billion ING Global Real Estate Fund
Two Bear Stearns executives who ran hedge funds that crashed in 2007 amid the subprime mortgage meltdown were acquitted Tuesday of lying to investors about the looming crisis on Wall Street.
While the Supreme Court's ruling last week on a controversial lawsuit over mutual fund fees was viewed as a huge win by the mutual fund industry, the decision will likely put more pressure on the boards and managements of fund companies to defend their fees and could open the door to even more litigation.
To tap into the potential of some of the world's fastest-growing economies, investors need to look beyond the broad emerging-markets categories and start paying attention to the specific sectors and industries that actually drive performance.
Now that the days of generous variable annuities are behind them, some advisers are finding ways to fit the revamped, slimmed-down versions into clients' portfolios.
Brian Laubacker has joined The Hartford Financial Services Group Inc. Mr. Laubacker will serve as a regional vice president of sales in the western U.S. for The Hartford's individual life insurance division.
The Hartford Financial Services Group Inc. has begun recruiting independent insurance agents to sell fixed life insurance products while retaining their own autonomy.
Private equity funds pulled in $50B during the first quarter. That's still well below what they raised in pre-crisis days
U.S. equity mutual funds and exchange-traded funds posted a seventh straight week of inflows — their longest winning run since a nine-week stretch that ended in the forth quarter of 2004 — according to data released today by EPFR Global, an industry data provider.
The Securities and Exchange Commission will reassess the 12(b)-1 fees collected by brokers as compensation for selling and servicing mutual funds, SEC Chairman Mary Schapiro said today.
Bob MacDonald, the former chief executive of Allianz Life Insurance Co. of North America, has upbraided The Hartford Financial Services Group Inc. for selecting Liam McGee as its new chief executive, calling the decision “outsourcing taken to a new and more dangerous level.”
Five millions shares allotted to workers, including officers and sales force leaders
These ten funds have out-performed in one of the most talked about sectors
Industry group for insurance and financial advisers gives acting CEO the job on a permanent basis
Nuveen Investments Inc., the asset manager owned by Madison Dearborn Partners LLC, agreed to buy the stock and bond funds of U.S. Bancorp's FAF Advisors unit for $80 million in cash and a 9.5 percent stake in Nuveen.
Portfolio of just 29 stocks is constructed by screening out any company lacking at least a 10-year record of 15% or more return on equity.
