The joint venture expects to invest $50 million to $200 million per deal, covering a variety of hedge fund strategies.
The bond insurers are also facing downgrades from Moody's Investors Service.
The bond insurers are also facing downgrades from Moody's Investors Service.
The joint venture expects to invest $50 million to $200 million per deal, covering a variety of hedge fund strategies.
Alternative asset allocations increased to 28%, compared with 23% in the previous year.
The SEC has not decided if synthetic guaranteed minimum withdrawal benefits should be be treated as securities.
An association has launched <a href=http://Reit.com>Reit.com</a>, a website designed to address all matters related to REITs.
Three exchange traded funds from The Vanguard Group Inc. declared a 2-for-1 stock split today.
Forward Management will buy Accessor Capital Management, creating a combined firm with $5 billion under management.
The aim is to remove some of the power investment banks have over selecting which rating firms get paid to rate deals.
Washington Mutual board chairman Kerry Killinger and Marsh & McLennan CFO and VP Matthew B. Bartley will leave their jobs.
Dollar Bull 2.5x Fund seeks daily investment results, before fees and expenses, of 250% of the performance of the U.S. Dollar Index.
Plaintiff’s attorneys are going to have a tougher time seeking class action status in alleging the improper sale of an annuity.
The firm had added American Funds, JennisonDryden, OppenheimerFunds Inc. and Van Eck Global to its mutual fund platform.
The SEC approved trading in options on the Gold Trust shares and the CFTC approved trading in futures on them.
Real estate investment trusts outperformed other major market benchmarks during the first five months of the year.
The first income guarantee wrap-per around a managed-account portfolio hasn't even been sold yet, but its mere existence has sparked growing interest in retirement income products within the managed-accounts industry.
MassMutual announced that it had completed its purchase of First Mercantile Trust Co. from SunTrust Banks Inc. of Atlanta.
After five years when investing in Latin America was virtually a sure thing, some industry experts are beginning to caution that the good times may be coming to an end.
Estimated sales of fixed annuities were $18.1 billion in the first quarter, a 35% increase from the level a year earlier.