The firms will join forces to offer international cash- and fixed-income exchange traded fund products.
Treasury bill, note and bond issuance is expected to climb to $125 billion during the first quarter of this year.
Fears that stock-market panic may spread to the bond market led to a meeting between regulators and several large insurers of debt.
William Galvin has requested a list of Massachusetts public-issuer bonds insured by the companies since January 2006.
The new benefit will go with UBS’s target retirement funds and other investment options.
Ex- hedge fund chief James Marquez was ordered to serve 51 months for conspiring to defraud investors.
John Koehler will lead a group of nine specialists, each one focusing on advanced planning techniques.
The recommendations are designed to handle conflicts of interest between managers and investors.
The mother convicted with her son in a multimillion-dollar hedge fund scheme will be sent back to Turkey.
A meeting of some 50 independent mutual fund chairmen and lead directors this week could result in the creation of a permanent organization for independent fund executives.
Mutual fund companies largely have been immune to lawsuits stemming from the subprime-mortgage crisis, but that soon may change.
Stephen Lieber, lead portfolio manager of the Alpine Dynamic Innovators Fund (ADINX), said he is starting 2008 with a portfolio positioned to be nimble by allocating nearly half the $68 million fund to cash.
Investors are becoming interested in environmentally aware companies from an economic rather than a socially conscious perspective, and many are turning to their financial advisers for help in going green.
Guidance regarding "soft dollars," or the use of brokerage commissions to pay for research and other services, soon will be proposed for mutual fund directors, a Securities and Exchange Commission official said.
On Thursday, Mojo HD, the high-definition channel, will launch a programming block that revolves around the lives of individuals who work in finance.
While Fidelity Investments has reopened its famed Magellan Fund, advisers remain skeptical and are keeping a close eye on its performance.
Willis Group Holdings, the London-based insurance broker, is talking takeover with Marsh & McLennan, CNBC reported.
Ex-AIG chief Maurice R. Greenberg and his investment firm have retained an adviser to review their stake in the insurer.
Haier New York Life, a joint venture between the New York-based insurer and China’s Haier Group, today opened a branch in Wuhan.
David M. Johnson, executive vice president and finance chief of The Hartford, will resign in mid-2008.
