A key regulator on Tuesday urged Congress to go beyond an Obama administration proposal and impose comprehensive oversight on the sprawling, complex market for financial derivatives blamed for worsening the credit crisis last fall
Putnam Investments of Boston today tweaked its slate of target date funds, and unveiled a new hybrid strategy across its platform of retirement fund offerings.
Client-centric marketing tactics and a more emotional approach are key to financial advisers' efforts to distinguish themselves from their competition, a tele-savvy adviser said today at the Insured Retirement Institute's annual conference in Boston.
The Insured Retirement Institute today chose James A. Shepherdson, executive vice president of Axa Equitable, as the group's chairman.
Insurance broker and consulting firm Marsh & McLennan Cos. said Monday that it will extend President and CEO Brian Duperreault's contract an additional three years to Jan. 29, 2014.
Despite the challenges of the epic market downturn of 2008, the $1.1 billion Hussman Strategic Total Return Fund delivered a positive return last year.
When the Pimco Total Return Fund finished 2006 up 3.7% — trailing the 4.2% average gain of its intermediate-term-bond peer group — tongues started wagging that legendary portfolio manager William Hunt Gross may have lost his magic touch.
Not many mutual fund managers have a 19-year tenure on a fund, and only a handful of them were able to outperform their peers in all three major bear markets of the past two decades.
Managed-payout funds designed to give retirees a steady stream of income landed with a thud when they were introduced ahead of the stock market's swoon, but some mutual fund companies are seeking to breathe new life into the concept.
When it comes to picking a target date fund, the instruction manual seems simple enough.
Being an investment research analyst during one of the most historic economic downturns can be stressful.
In a first, top executives with LPL Investment Holdings Inc. last week picked up hundreds of thousands of options to purchase the company's common stock — a move that has renewed speculation about a forthcoming initial public offering.
The hedge fund industry continues to shrink — though the pace is slowing a bit, according to the latest report from Hedge Fund Research Inc.
Tom Forester, manager of the Forester Value Fund, will bring into the fourth quarter a cautiously optimistic perspective that will include a bit of his trademark profit-taking from some of the portfolio's best performers.
The Department of the Treasury's temporary guarantee program for money market funds will conclude today, one day after the ICI reported a jump in money fund outflows this week.
California's attorney general said Thursday his office is investigating Wall Street's big credit rating agencies to determine what role they may have played in the collapse of the financial markets.
Total money market mutual fund assets fell by $62.6 billion to $3.482 trillion for the week, the Investment Company Institute said Thursday.
