There are many shades of green — and there are many varieties of green funds.
Focus and strategic ability are important skills for a financial industry leader, and Keith Hartstein, president and chief executive of the $54 billion John Hancock Funds of Boston, has found a unique way of honing these talents — by fencing.
Funds of hedge funds, after enjoying steady growth since the beginning of the decade, are now seen by some in the industry as victims of their own success.
Products that combine equity exposure, income generation and volatility protection may grow more popular among advisers, according to a retirement product executive.
MBIA Inc. and Ambac Financial Group Inc. rallied in early trading following a positive report from Standard and Poor’s.
The redemptions were triggered by an 8% drop in U.S. stock indexes in June, followed by further deterioration in July.
The number of homes receiving foreclosure notices surged to 272,171 in July, up 8% from June.
Conseco said that it plans to transfer Conseco Senior Health Insurance, its long-term care unit, to an independent trust.
Walter A. Bell, Alabama’s insurance commissioner, announced that he will step down at the end of the month.
Many are cutting back on medical care to cope with rising costs and a worsening economy, according to NAIC.
A tax-exempt strategy that utilizes exchange traded funds investing in municipal bonds has been announced by Curian Capital.
The firm plans to categorize and rate the 3,500 funds of hedge funds in its database.
The hedge fund industry faces growing opposition to its efforts to hold back restrictions on naked short selling.
The Hartford Financial Services Inc. today appointed Marc Lieberman president and chief executive of Hartford Life.
Berkshire Hathaway reported net earnings declined to $2.88 billion from $3.12 billion a year ago.
U.S. exchange traded fund assets totaled about $575 billion as of June 30, down 5.4% from the beginning of the year.
The bond market is in for more volatility, but a turnaround could start to emerge in the next six months, according to the head of Invesco Ltd.'s worldwide fixed-income division.
A recently released SEC study provides further evidence that mutual fund prospectuses need fixing.
Junk bond funds are beginning to look more attractive to investors, even though their returns haven't been impressive.
Morgan Stanley Investment Management is counting on overseas growth to help get it back on track as revenue continues to fall.
