Estimated net flows, Jan. 1-June 30, 2011. (Source: Morningstar)
Canadian Imperial Bank of Commerce, the country's fifth-largest bank, agreed to buy a 41 percent stake in American Century Investments from JPMorgan Chase & Co. for $848 million to expand its asset-management business.
Specialized mutual funds promise investors access to hedge fund prowess. But critics say some of the funds charge hefty fees -- and deliver less-than-stellar results.
The global markets are flush with opportunities that have been screened for Catholic values, according to Greg Heilman, manager of the new Ave Maria World Equity Fund Ticker:(AVEWX).
Barclays Wealth may boost its bullish stance on developed-market stocks by reducing its cash investments as economic growth strengthens in the remainder of this year, according to its chief investment strategist.
Investors were more like bridesmaids than brides in June. Stocks, bonds and commodities all fell, marking the first monthly decline for all three since 2009.
The Treasury Department will soon offer guidance on lifetime income options in 401(k) plans with the aim of curbing the number of individuals who are likely to outlive their retirement savings.
I'm going to one-up Mark Twain in the quantity department and spin two yarns about jumping frogs, one which has been frequently told, the other not so much.
Pimco, Brandywine and GAM will co-manage firm's new flexible bond fund
ING is making another go at the independent broker-dealer market, this time with a new fixed indexed annuity feature scheduled for an August release.
State regulator says husband-and-wife team recommended that elderly clients partially surrender VAs for indexed annuities; $426K in commissions in less than four months
Commonwealth and five broker-dealers sign on to sell Allianz's variable annuity; apes LPL Financial's earlier move
With puny yields, charges can eat up to a year's worth of coupon income
No one knows how difficult it can be to manage a go-anywhere fund better than Dennis Stattman.
A slate of major life insurers — the 10 largest doing business in California — are under investigation for the way they handle dormant life insurance policies
SunAmerica Annuity and Life Assurance Co. is back in the fight in variable annuity sales after being dropped from or ignored on platforms for the past few years
