State insurance regulators Monday voted in favor of a proposal that would allow carriers to terminate an annuity living or death benefit if a client sold the contract over the secondary market.
Annual volume from life settlements transactions is expected to reach $13 billion in face value over the next three years, according to research from Aite Group LLC.
U.S. equity funds have out-performed, by and large, but a handful of overseas funds have generated some solid performance so far this year.
Since many low-quality, high-beta companies have "rallied too much," Mr. Rady is currently looking for overvalued firms to short.
The technology sector is white hot these days. If you're not buying it, just look at the Nasdaq, which has been leaving the other indexes swimming in its wake.
Rankings and data through Mar. 15, 2010, according to <a href=http://www.Morningstar.com>Morningstar.com</a>
The upside of nearly two decades of mounting levels of government and consumer debt is a solid foundation for a secular run by consumer staple companies, according to Ralph Shive, manager of the $1.5 billion Wasatch-1st Source Income Equity Fund Ticker:(FMEIX).
If investors can stomach the risk, high-yield bonds are still the best place to be right now, according to Scott Colyer, chief executive and chief investment officer of Advisors Asset Management Inc.
State securities regulators are gaining ground in their battle to regain authority to oversee private-placement offerings.
Thirtysomething new-product developers, look out.
When selecting investment grade corporate bonds in the current rate environment, a common question is: 'How much better can it get'?
The pension and actuary group sends a mea culpa to members after a financial advisory firm got hold of the association's mailing list for an upcoming conference.
And there's a 5% chance the tab could top $570K, according to a sobering study published this week by Boston College.
By integrating annuities into financial plans, advisers can take precautions against their clients' outliving their assets, according to a retirement income planning expert.
Money market funds will have to disclose on a delayed basis their fluctuating “shadow” net asset values rather than their $1-per-share value, thanks to a rule that the SEC adopted last week.
Financial scandals put a dent in the total number of funds last year. And there's less interest in funds of hedge funds
If the past few years have taught investors anything, the lesson is clearly: “Buyer, beware.”
Total money market mutual fund assets fell by $36.22 billion to $3.090 trillion for the week, the Investment Company Institute said Thursday.
Standard & Poor's Equity Research recently upgraded its outlook for the biotechnology industry to positive from neutral.
