The $1.4 trillion fund company continues to grow through acquisitions in a shrinking category.
The retirement plan for federal government workers also includes numerous Christian and 'pro-life' funds that would seemingly be affected by the legislation.
Austin Dutton last week lost an industry arbitration claim of $43,645 to a client related to sales of GWG bonds.
Fidelity's alts platform, which launched in 2013, has seen assets grow by 70% since 2020.
Mike Fanning is retiring after 17 years as the insurer's US head, a period in which MassMutual grew into one of the top annuity providers in the US.
Legislators have less than a week to approve the agreement before the default deadline next Monday, June 5.
The firm miscalculated annual yield and income for nine funds on approximately 8.5 million statements. It also failed to act promptly when customers noticed something was wrong.
As interest in artificial intelligence grows, it's worth looking under the hood of sector ETFs.
The upgrade reflects Advisor Group's declining leverage levels and higher net yields on cash sweep deposits, according to the rating agency.
Total fixed annuity sales surged 101% to $70.9 billion in the first three months of 2023, compared with last year’s results.
About $46.7 billion poured into US money market funds in the week ended Wednesday as investors piled into assets offering relatively safer returns amid the uncertainty around talks on extending the US debt limit.
In a Q&A, the Advisor Group CEO discusses what's involved in squeezing the giant operation under one broker-dealer roof and brand.
The SEC chair drew the ire of fund officials when he suggested that the agency looks out for investors while the industry looks out for itself.
The new policy will apply to more than 80% of institutional equity fund assets and ETFs.
'ESG funds are not the next great innovation,’ Tim Buckley said at an Investment Company Institute conference. 'They’re a client preference, and we need to treat it as such.'
The fourth ETF from upstart Qraft will test the limits of AI by going in and out of the market based on what the data say.
The approval allows Prometheum Ember Capital to safekeep digital asset securities on behalf of individual and institutional clients as a qualified custodian.
The new generation of nontraded REITs has been designed with monthly or quarterly repurchase limits to align the interests of stockholders with the less liquid nature of the assets.
Nontraded real estate investment trusts reported $485 million of sales in April, the lowest level since August 2020, according to Stanger.
Resolutions asking companies to phase out coverage for new projects aren't doing as well as those pushing insurers to disclose plans for their climate goals.
