Jackson National Life Insurance Co. today added a pair of new portfolios to its retail mutual fund lineup.
Catherine J. Weatherford, executive vice president and chief executive officer, will earn $370,000.
Asset levels hit $13 trillion in December, gaining approximately $1.8 trillion from the beginning of the year.
Pacificor has named portfolio manager Andy Mitchell to helm the hedge fund after Michael B. Klein, former CEO, died after his private plane crashed in Panama on Sunday.
The insurance company's president and chief executive, Michael G. Cherkasky, will step down.
The Vanguard Group has launched ETFs on the NYSE Arca today, which seek to track three MSCI Indexes.
America’s Health Insurance Plans today unveiled a proposal to provide health insurance coverage to more people.
Burned in the aftermath of Bear Stearns’ two collapsed hedge funds, Barclays has sued the firm and a pair of its fund managers.
Evergreen Investment Management has launched three new diversity equity mutual funds.
The products give “windows of opportunity” to withdraw from the policy without incurring surrender charges.
The number of hedge fund launches and liquidations are off at a 25% annual rate for the second consecutive year, according to HFR.
America’s Health Insurance Plans has unveiled a proposal to provide health insurance coverage to more people.
That’s a 15.3% gain from the same period last year, when net assets for variable annuities were $1.3 trillion.
The first U.S.-listed Chinese Real Estate ETF gives investors exposure to the Chinese real restate market.
Aon's Combined Insurance will be sold to ACE for $2.4 billion and Munich Re is buying its Sterling unit for $352 million.
CEO and CIO were the best-compensated positions at hedge funds of funds in 2007, according to an Infovest21 survey.
Due to negative returns, investors are pulling money out of mutual funds that invest in real estate investment trusts, but financial advisers believe that now is not the time to trim holdings.
While mutual funds continue to garner the lion's share of investment assets, their growth is trailing that of exchange traded assets and separately managed accounts.
Tudor Investment clients have pulled more than $1 billion from its Raptor hedge fund after it fell 8.5% this year.
Elder-law attorneys are concerned that the new year will bring new rules in a number of states regarding how — and if — immediate annuities can work with Medicaid eligibility and planning.
