More mutual funds are being developed that offer managed payouts designed to give investors a steady stream of income.
Investors continue to bail as Harry W. Lange celebrates his two-year anniversary as the manager of the Fidelity Magellan Fund on Wednesday, although it's clear that the fund's performance is on the mend.
Financial advisers focus only on sales brochures and fund information that is germane to their financial practices; otherwise, marketing efforts fail to attract their attention, even momentarily, according to a soon-to-be released report.
MBIA, the world’s largest bond insurer, reported third-quarter earnings with a net loss of $36.6 million, or 29 cents per share.
Fidelity's VIP Contrafund Portfolio will be managed by a multi-manager group of seven managers.
Barclays has launched eight exchange-traded notes to track commodities on NYSE Arca today.
The board of New York Life Insurance has elected Frank Boccio to the position of executive vice president and CAO.
The Claymore/Zacks Dividend Rotation ETF will follow the Zacks Dividend Rotation Index from Zacks Investment Research Inc.
The Risk Group will be responsible for identifying, tracking and addressing key external market and industry trading developments.
Investors pumped $45.2 billion into the hedge fund industry during the third quarter, according to data from Hedge Fund Research.
The American Council of Life Insurers today elected Dennis R. Glass, president and CEO of Lincoln Financial Group, as its 2008 chairman.
Dwindling assets and intense regulatory scrutiny continue to take their toll on mutual fund B shares, which at the current rate of attrition are likely to become nearly extinct inside five years.
It is difficult to evaluate funds and strategies that haven't yet established a track record, but the <b>Aston/Neptune International Fund (ANIIX) </b>comes to market with a certain pedigree and a legitimate strategy for investing outside the United States.
The Phoenix Cos. Inc. has formed an alliance with Jefferson National Life Insurance Co. in which Phoenix will use the Jefferson technology platform to offer no-load variable annuities to fee-based advisers at wirehouses and regional broker-dealers.
Let's say you paid $7 each back in early 2003 for 1,000 shares of a struggling Cupertino, Calif.-based personal-computer and consumer electronics company that was trading at a fire sale price based on a classic fundamental- valuation metric.
Lord Abbett & Co. has added Marybeth Leithead as a portfolio manager on its Municipal Bond team.
Sun Life Retirement Services has named Jed Collins as its new president, succeeding Claud Accum.
The U.S. Supreme Court will take up a case that could affect state taxes on municipal bonds, published reports said.
Michel Flamee has been re-elected chair of the International Association of Insurance Supervisors executive committee.
Merrill Lynch has launched an independent broker-neutral platform for its prime brokerage clients in the hedge fund industry.
