The Phoenix Cos. walked away from TARP assistance after a bank it was hoping to acquire failed and was seized by the Federal Deposit Insurance Corp.
Global hedge fund assets are expected to fall to $1 trillion by midyear, down from $1.4 trillion at the end of 2008 and a peak of $1.868 trillion in 2007.
Hedge funds posted small gains last month following the rally in the equity market, according to a Morningstar report released today.
Mergers and acquisitions in the U.S. insurance industry lost value last year, while non-U.S. transactions plummeted, according to data from Conning Research and Consulting.
Passively managed funds outperformed actively managed funds across all categories during the past five years according to Standard & Poor’s Index Services, which was released today.
A little more than one-third of private-equity investors without exposure to emerging-markets funds plan to invest in such funds within the next two years, according to a new survey conducted by Coller Capital and the Emerging Markets Private Equity Association.
After getting beaten to a pulp last year, convertible bonds are making a comeback.
Insurance stocks have outperformed the overall market during the past four weeks, but financial advisers are reluctant to jump in.
Last week's layoffs and consolidation of key areas of operation at the three broker-dealers of the AIG Advisor Group only add to the confusion and uncertainty surrounding the network's future and the fate of its more than 6,000 representatives and financial advisers, sources said.
The Charles Schwab Corp. has scheduled a webcast Thursday to brief registered investment advisers on its revised plans to wind down custody of alternative investments.
Financial stocks have made a remarkable comeback in the past month, leaving advisers to make a hard call: Are banks regaining their health after the yearlong shellacking that they have endured?
Insurance companies that have been eliminated from the TARP pool are running up against a new obstacle: financial advisers who are reconsidering whether they want to do business with them.
The mutual fund industry is poised to do away with Class C mutual fund shares, even though the Securities and Exchange Commission gave them a reprieve by moving to table reforms.
The government's Public-Private Investment Program — designed to remove bad assets from bank balance sheets and promote lending — will help turn around the economy in the short run, but perhaps not long-term, according to financial advisers.
Equity funds investing primarily in U.S. stocks had a net outflow of $3 billion, reversing the previous week’s inflow of $3.2 billion, TrimTabs reported.
The Securities and Exchange Commission has filed an amended complaint charging a former state political party leader and a hedge fund manager in connection with a multimillion-dollar kickback scheme involving New York's largest pension fund.
The number of American households threatened with losing their homes grew 24 percent in the first three months of this year and is poised to rise further as major lenders restart foreclosures after a temporary break, according to data released today.
Requiring annuities or other fixed-income products be included as an option in 401(k) plans is being considered by the House Education and Labor Committee, said Rep. Robert Andrews, D-N.J., chairman of the committee’s Health, Employment Labor and Pensions Subcommittee.
Mutual fund investors paid $15.8 billion in taxes last year for distributions, according to a report released today by Lipper Inc. of New York.