The asset management arm of JPMorgan Chase & Co. held the top spot in a ranking of assets managed by hedge funds, with $48.1 billion as of July 1.
Declining variable annuity sales will likely lead to enhancements to and new uses for VAs as carriers look for additional ways to appeal to high-net-worth investors.
Grail Advisors LLC of San Francisco intends to enter the defined contribution market by offering actively managed, transparent equity exchange traded funds, said William Thomas, chief executive of the firm.
Advisers are selling more insurance, particularly long term care insurance, according to the InvestmentNews 2008 Insurance Product Survey, which polled 445 financial advisers.
When you trade exchange traded funds, you can choose from two primary types of entries, depending on the chart pattern of the actual trade setup.
They may be gaining in popularity, but exchange traded funds are far from the perfect product.
The proliferation of mutual funds that rely on computers to select stocks is coming to an end.
Even as it labors to gain visibility, Natixis Global Asset Management LP is forging ahead with plans to make acquisitions, particularly of firms that offer alternative investments.
As the comment period ends this Wednesday on an SEC proposed rule that would regulate certain index annuities as securities, independent distributors are gearing up in anticipation of the rule's enactment.
Raymond James & Associates Inc. analyst Paul Puryear downgraded homebuilder Toll Brothers Inc. to market perform from outperform today.
Fifth Third Asset Management Inc. is selling off all its municipal bond funds to Federated Investors Inc., according to the website fundaction.com.
Sun Life Financial Inc.’s U.S. division has launched its charitable estate planning campaign to teach advisers and clients about using life insurance for charitable purposes.
Van Eck Associates Corp. today launched the first global-hard-assets exchange traded fund — Market Vectors-RVE Hard Assets Producers (HAP).
American International Group Inc. is reportedly in talks with JPMorgan Chase & Co. to spin off some its subprime assets into a new company, according to The New York Post.
Luxury homebuilder Toll Brothers Inc. posted a loss and a 27% decline in net new-home orders in its fiscal third quarter.
Overall individual-annuity sales grew 4% during the second quarter, buoyed by a spike in fixed-annuity sales, according to Limra International Inc.
Munder Capital Management Inc. has announced plans to exit the money market mutual fund business.
The Morgan Stanley Real Estate Fund VII Global will invest at least $1.46 billion in China over the next few years.
Janus Capital Group Inc. today launched Janus Adviser Modular Portfolio Construction Fund (JSMPX), a fund of funds.
