Walter A. Bell, Alabama’s insurance commissioner, announced that he will step down at the end of the month.
A tax-exempt strategy that utilizes exchange traded funds investing in municipal bonds has been announced by Curian Capital.
Many are cutting back on medical care to cope with rising costs and a worsening economy, according to NAIC.
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 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.
Berkshire Hathaway reported net earnings declined to $2.88 billion from $3.12 billion a year ago.
The Hartford Financial Services Inc. today appointed Marc Lieberman president and chief executive of Hartford Life.
U.S. exchange traded fund assets totaled about $575 billion as of June 30, down 5.4% from the beginning of the year.
Junk bond funds are beginning to look more attractive to investors, even though their returns haven't been impressive.
A recently released SEC study provides further evidence that mutual fund prospectuses need fixing.
Morgan Stanley Investment Management is counting on overseas growth to help get it back on track as revenue continues to fall.
Because of slumping second-quarter sales of variable annuities, industry observers believe fixed annuities could benefit.
Adam Levinson, who has been with Fortress since 2002, will join five principals who hold around 77% of the stock.
The Principal Financial Group has released a white paper that examines the four methods of providing retirees with income.
Indexes apply environmental, social and governance performance factors to a U.S. fixed-income asset class.
After posting an 11.25% drop in June, real estate investment trusts rebounded in July, rising 2.8% for the month, NAREIT and FTSE Group reported today.
Jim Pallotta, a fund manager at Tudor Investment Corp., will start his own investment firm in 2009.
The Vanguard Group reopened the Vanguard Explorer Fund and the Vanguard Health Care Fund to new shareholders.
Prudential Financial yesterday agreed to settle allegations from the SEC that it used reinsurance contracts to overstate its income by more than $200 million.
