Investors Capital Advisory Services has released a new mutual fund wrap program named FundSelect.
ActivePassive Funds group has launched on several platforms including those of Fidelity, Pershing and TD Ameritrade.
Activist hedge fund manager Phillip Goldstein will create a non-profit to help the industry challenge "regulatory injustices."
The regulator wants to delay a rule that governs the review of deferred variable annuity sales.
A bill would create a federal office inside the Treasury to provide expertise on regulating the insurance industry.
The number of mutual funds voting against climate change resolutions declined from 77.8% in 2004 to 65% in 2007.
Paulson & Co.'s John Paulson was paid $3.7 billion in 2007, surpassing George Soros, who received $2.9 billion.
Hedge fund managers prepared one set of recommendations; investors with money in the funds compiled the other.
Samuel Israel III, former CEO of the defunct Bayou hedge fund, was also ordered to pay $300 million in restitution.
Joseph P. Brandon, chairman and chief executive of General Re Corp., left his post following a rocky court case.
Responding to advisers who complain that the iShares brand means little to their clients, Barclays Global Investors is modifying its marketing.
Tomorrow is the deadline for filing income taxes, but investors are already thinking about ways to pay less next year — driving more to consider tax-managed mutual funds.
As Roger W. Ferguson Jr. takes the helm of TIAA-CREF today, he assumes control of a company that often frustrates financial advisers.
The Iowa Legislature has approved a bill to ban stranger-originated life insurance practices.
As more companies begin to offer exchange traded notes, it's beginning to look like the small but growing ETN universe could one day be a competitor to mutual funds and exchange traded funds.
The original thinking behind the development of the SmartGrowth ETF Lipper Optimal Growth Index Fund (LPGAX) was to create a viable alternative to traditional asset allocation models.
The era of declining mutual fund expenses is over, and in fact, the cost of investing in a fund may soon be headed back up.
Expanding into what some industry observers see as a significant growth area, Sentinel Asset Management Inc. last week launched two funds focused on socially conscious investing.
Service providers to 401(k) plans should not be required to be fiduciaries of the plans, the Department of Labor is being told.
