Bookkeeping change seen raising expense ratios for AMFs, tilting field in favor of index funds
It's taken time, but John Bogle's Vanguard has finally surpassed Fidelity as the largest mutual fund company by assets. The question: are low fees enough to offset middling performance?
Morningstar index shows hedge funds still outperforming S&P 500 for the year
On July 22, the Securities and Exchange Commission released a report from its Life Settlements Task Force which recommended that the SEC urge Congress to amend federal securities laws to include life settlements as securities.
Fund firm introduces nine exchange-traded funds; SPDR.500 will be tough to squash
The judge determined that state insurable interest laws do not apply to annuities – at least, in this case.
Meanwhile, the National Association of Insurance Commissioners has scheduled a hearing in Washington this month to discuss the transactions
Researcher calls for clear labeling of fund expenses rather than cap on marketing and service charge
Florida's Lee County sold $81.2 million of bonds to keep an attraction that generates $21 million a year in tourism: the Boston Red Sox.
You have to feel sorry about The Hartford's latest problems.
Some people might think the hours you spent over the last month sitting around, drinking beer and watching the soccer World Cup being played in South Africa was a waste of valuable time.
If nothing else, the carnage of the past few years has served as a stark reminder of the value of portfolio diversification.
Berkshire Hathaway Inc. had sold insurance requiring the Omaha-based company to pay $30 million to a client if France won the tournament.
So-called placement agents and others who solicit business from municipalities and public pension fund must register with the Securities and Exchange Commission as "municipal advisors."
Seeking to curb misleading or 'stale' information; mandatory accounting standards eyed
John Bogle should spend more time focusing on financial-services reform and less time pointing the finger at mutual fund managers if he wants to address rising fund costs, says Neil Hennessy, president and chief executive of Hennessy Advisors Inc.
Broker-dealers and financial advisers are taking action against The Hartford Financial Services Group Inc. in response to a letter the firm sent to their clients that entices them to swap their variable annuities for a replacement — one that advisers say actually strips away generous guarantees.
Strong global economic growth "is usually a good recipe for riskier assets."
Country will overtake South Africa's as continent's largest economy; 10% annual growth rate targeted
Billionaire Warren Buffett, chairman of Berkshire Hathaway Inc., said the company's management is “well-equipped” for when he and Vice Chairman Charlie Munger step down.
