Who'd a thunk it? Life insurers, now cash-rich, have rebounded nicely from the financial crisis. But their shares are still cheap compared with those of banks, analysts say.
Despite assurances to the contrary, a segment of hedge funds still has up to $100 billion locked up and won't allow redemptions
A willingness to separate from the pack is key to successful global equity investing, according to David Fingold, manager of the Dynamic Discovery Fund.
After the financial markets see-sawed through several distinct phases for much of 2010, investors gradually regained confidence late in the year and stocks rallied as mixed economic indicators became more positive.
Alan Greenspan, former Federal Reserve chairman, said a default by Greece is “almost certain” and could help drive the U.S. economy into recession.
In a much-awaited decision, the Supreme Court last week ruled in favor of the mutual fund industry in a case involving a company's responsibility for statements made in prospectuses, eliciting a huge sigh of relief from fund companies, broker-dealers and others involved in selling mutual funds
Aiming to curb the number of individuals who are likely to outlive their retirement savings, the Treasury Department soon will offer guidance on lifetime income options that 401(k) plan participants should have available when they retire
Yet another small brokerage firm that sold illiquid alternative investments closed its doors last week
Known for investing in companies to press for changes, Bill Ackman is considering selling shares in a hedge fund to secure more permanent capital for investments.
Aviva Life and Annuity Co. late last month filed suit in federal court against a handful of life insurance agents, claiming that they fraudulently sold coverage to some 119 church members
Stalemate between Democratic governor and GOP legislators leads to closure
The influential firm plans to launch a different ratings system, one that will be forward-looking. And get this: only 20% of funds are likely to get a positive score under the new system.
Renewed proposals to eliminate the tax-exempt status of municipal bonds as a way to reduce the $1.5 trillion federal deficit are unlikely to succeed, according to a report by The Bank of New York Mellon Corp.
Meredith Whitney's at it again. The controversial analyst is now predicting a 'waterfall' of muni downgrades which will trigger a massive sell-off by insurers. If she's right, investors may be able to pick up some bargains in the process.
Putnam Institute says excessive exposure to stock market gyrations bigger threat to new retirees than inflation or longevity risk
If “big,” “strong” and “mysterious” are the attributes you want for a financial brand, you can't pick a better name than BlackRock Inc.
Protection against rise in interest rates may not be enough to offset risks; 'use them peripherally'