If the economy continues to languish in the years ahead municipal bond holders may find themselves in a tight spot
McDonnell deal will beef up purchaser's fixed-income chops
Options traders push out Treasury market sell off expectations
The outlook for the LTCI business is not good. The reason? Partly, the unexpectedly large tabs being rung up by existing policyholders.
Nearly 90 exchange-traded funds shut down this year; 'makes you look dumb'
Advisers not thrilled by short deadline on variable annuity pullback
Volatility creates opportunity, famed investor points out; will this message get through to investors?
Strategies from investment firms BlackRock Financial Management Inc., DoubleLine Capital LP, F-Squared Investments Inc., and Forward Management LLC were added to the mix, as well as four other strategies from firms already on the Genworth platform.
Genworth Financial Inc. cut Chairman and Chief Executive Officer Michael Fraizer's annual bonus to a third of his target as the life insurer and mortgage guarantor failed to meet its goals.
The tax-exempt municipal bond market enjoyed favorable technical factors for much of the summer, which allowed it to outperform U.S. Treasuries.
Advisers are still fuming about the last-minute notice they received from Prudential informing them of a lock down of several popular annuities.
