The Government Accountability Office has recommended several major changes to the use of target date funds in 401(k) plans after finding that investments in funds with similar end dates vary wildly
Custody firms are engaged in a delicate balancing act, trying to accommodate a growing number of alternative investments while at the same time implementing stricter eligibility criteria for accepting those assets
ProShare Advisors of Bethesda, Md., today announced the introduction of the first exchange traded fund to follow a 130/30 investment strategy.
ProShare Advisors is planning to roll out what could be the first exchange traded fund to follow a 130/30 investment strategy.
Howard Stein, who succeeded Jack Dreyfus at the helm of the Dreyfus mutual-fund company and helped turn a generation of Americans into investors, has died. He was 84.
Asset manager's repurchasing of remaining stake held by bank opens door to other third-party wirehouse platforms; 'no longer owned by a competitor'
Bailed-out insurer AIG should be broken up eventually because its two main businesses have “no strategic fit between them,” according to Harvey Golub, its former chairman
Firm hopes to have 30 to 50 passive and active offerings on the market by the end of 2012
Charles Schwab Investment Advisory Corp. has unveiled a select list of exchange-traded funds for retail investors
Jackson National Life Insurance Co. has temporarily closed off access to the JNL/BlackRock Global Allocation fund option in the carrier's variable annuities.
Advisers love exchange-traded funds. What they may not like so much: the execution of ETF trades -- particularly for less liquid funds -- can hit clients in the wallet
Jackson National has announced it will attempt to slow down sales of it sgenerous variable annuity contracts. How it plans on going about this is another proposition.
O'Hanley says expense will 'pop up' somewhere else; whack-a-mole for the SEC?
John Hirsch, 57, has been buying municipal bonds during the past four months, taking advantage of falling prices as muni funds are forced to sell them to cover withdrawals
Mutual funds that invest in floating-rate bank loans have emerged as one of the most popular strategies for protecting portfolios against rising interest rates
The news of late couldn't get much worse for muni bond investors, with gaping budget deficits and predictions of massive defaults. But fear not, BlackRock says there are lots of great investment opportunities in the tax-free universe. Just steer clear of those Florida dirt bonds.
American Century Investments has never been on most advisers' radar screens
Long tenure is fairly unusual among managers of growth mutual funds
