Sources say the firm has been asking hedge funds to take on mortgage-related securities.
Sun Life Financial’s U.S. division received the Life Office Management Association Educational Achievement Award.
The layoffs are part of a global restructuring plan that will cut down on expenses, Aon said in a filing with the SEC.
It was the ETF Insider's index of the top 50 exchange traded funds' second-strongest month this year.
The bond market is recovering from the credit crisis, with $41.4 billion bonds sold in October.
Citigroup Inc. will buy Carlton Hill Global Capital, a New York-based fixed-income money manager.
Tomorrow, WisdomTree Trust will debut an ETF offering exposure to small-cap stocks in emerging markets.
The new not-for-profit organization will called LL Global Inc., providing a unified management structure.
Americans are in denial about their finances. Federal data show that they spend like there's no tomorrow. Our middle class is among the most affluent in history, but many live paycheck to paycheck, their futures mortgaged to fund their increasingly expensive amusements.
The average age of a buyer is now 58, down from 61 in 2005, and 67 in 2000, according to a survey.
The new regulations from the Department of Labor covering qualified default investment alternatives will have widespread ramifications for both financial advisers and insurance companies.
He will replace Raj Singh, who will take a new position at the Swiss Reinsurance Co.
California's proposal to register hedge funds could drive much of the industry out of the state, experts say.
Mutual fund companies catering to the first wave of baby boomers, now nearing retirement, may be neglecting younger boomers who have many more years of work still ahead of them.
Exchange traded funds are becoming a must-have for individual investors, but few of them know exactly what they are, how they work or what makes them different from their mutual fund cousins, advisers observed.
Quantitative investment strategies that maintain consistent long and short exposures, commonly known as 130/30s, are hot.
Brokerage firm advisers are offering investors fewer mutual funds because the compliance burden of putting clients into new funds are too onerous, according to a report by Westwood, Mass.-based Hobson & Co.
John Hancock Annuities is making a run for old and young retirees with a new annuity rider.
While 401(k) investors' choices of mutual funds vary widely, one element of concern seems to be constant: cost.
Members of the Financial Services Institute Inc. met with members of Congress and their staffs on Capitol Hill Oct. 10, in a push to retain in their current form 12(b)-1 fees, which the advisers say are crucial to their work with smaller clients.
