Henderson Global Investors, the Hartford, Conn.-based unit of Henderson Global Investors Ltd. of London, has launched the Henderson Industries of the Future Fund.
Insured losses from Hurricane Gustav were not large enough to affect the creditworthiness of the insurance and reinsurance industries, S&P said.
U.S. construction spending slipped 0.6% in July to a seasonally adjusted annual rate of $1.084 trillion, its lowest July level since 2004.
With new products emerging and a streamlined global regulatory regime on the horizon, the scope and popularity of exchange traded funds is growing.
Despite consistently having generated above-average returns during much of the past six years, industrial real estate investment trusts, especially those with a global reach, are slipping along with the economy.
To capitalize on international investing, Dimensional Fund Advisors LP has launched an international-equity fund despite comparatively stronger U.S. stock market performance.
Maybe this will make fund fees easier to bear. The Davlin Philanthropic Fund, which was launched in July, will donate one-half percentage point of its 1.65% expense ratio to charities picked by its investors.
Many financial advisers consider municipal bonds to be relatively safe investments, but that image took a hit last week when Jefferson County, Ala., moved a step closer to what could be the largest municipal bond default in U.S. history.
The current uncertainty surrounding the equity markets and the overall economy, tied largely to the troubled banking industry, is playing right into the hands of Stephen Goddard, co-portfolio manager of the $80 million <b>AFBA 5 Star Balanced Fund </b>(AFSAX).
Advisers are using ETFs in multiple ways, in both the core and satellite allocations, as well as in the active and passive slices of investors’ portfolios.
The SEC accused Donald H. Allen and his companiesof raising around $9.9 million from 350 investors and failing to disclose that no profits had been generated.
The office of New York insurance superintendent James Wrynn has ordered embattled bond insurer Financial Guaranty Insurance Co. to halt claims payments.
The National Association of Independent Life Brokerage Agencies has announced its opposition to the SEC's regulation of fixed indexed annuities as securities.
A $241 million award given to the state regarding its takeover of the now-defunct Executive Life Insurance has been overturned.
Dow Jones Indexes and the Chicago Climate Exchange are for investors seeking exposure to the carbon trading market.
Five firms are said to have expressed interest in buying a stake in Lehman's investment management business.
An index covering all nine U.S. census divisions fell 15.4% compared with the year-over-year decline of 14.2% in the first quarter.
Industry insiders believe that the ETF slowdown is little more than a bump in the road and attributable more to sour markets than exchange traded funds themselves.
The exchange traded fund world got a little more exciting this year with the introduction of the first truly actively managed ETFs.
Portfolio managers who battened down their hatches for credit market squalls, falling U.S. rates and a sagging greenback led the ranks of fixed-income performers for the 12-month period through June 30, according to Morningstar Inc.'s separate-account/commingled-fund database.