The mutual fund industry's push for raising taxes on exchange-traded notes may come back to hurt the industry when it asks Congress to defer taxes on mutual funds, the ranking minority member of a House Ways and Means subcommittee said.
Pets Best Insurance Services is bringing coverage to man's best friends through banks and employee benefit providers.
In a bid for higher returns amid a dismal stock market environment, some mutual fund companies are offering investors access to high-risk private-equity investments.
Due to a technical error, an old story about Robert R. Carter stepping down from his role as president of NFP Insurance Services Inc., ran in today's INDaily.
Jackson National Life reported today a 14% earnings increase and $4.1 billion in revenue for 2007.
Carlyle group's David Rubenstein looks to help investors that suffered losses.
The New York-based hedge fund manager’s new public entity will be called has $11.5 billion in assets under management.
The size of the exchange traded fund market shrunk by $12.9 billion in February, falling to $557 billion in assets.
CFIG, a privately held European insurer, was downgraded today to A+ from its former AAA rating by Standards and Poor's.
The Greenwich Global Hedge Fund Index rebounded in February, jumping 2.21% after January’s drop of 2.79%.
The Fed announced it would lend $200 billion of Treasury securities to bond dealers, causing a stock market spike.
Charles Schwab is the most recent mutual fund company to introduce a lineup of funds designed to generate a targeted annual payout for retirees.
Estimated sales of book value annuities totaled $6.9 billion, while sales of indexed annuities totaled $6.3 billion.
While mutual fund companies and brokers are enthusiastic about a proposal to simplify fund prospectuses, they object to the idea of filing quarterly performance and holding updates, according to comments filed late last month with the SEC.
The stock market downdraft may soon ignite consolidation among small mutual fund companies.
Despite a sinking stock market, investment research firm Morningstar Inc. is mapping plans to increase its product lineup in 2008.
Industry observers are cheering the news that the hugely popular American Funds group stood up to regulators — and won.
Financial advisers are glad to see that competition is heating up in the nascent exchange traded note market.
