I'm sure a number of you have been keenly following the World Cup matches as they play out across South Africa.
Still, June expiration has many worried; institutions to the rescue?
It's been a busy few days for Ameriprise Financial. Earlier this week, the firm, along with subsidiary Securities America, lined up an agreement with lawyers representing investors who got burned in Reg D offerings. And today, it appears the company is on the verge of acquiring Grail -- and moving into the actively-managed ETF space.
U.S. life carriers had a fairly small appetite for mergers and acquisitions in 2010, with much of the activity taking place in AIG's shedding of its foreign life insurance subsidiaries.
Legendary investor called his shot in 2009 -- and was right; sees more gains ahead for BRICs, frontier markets
Milev says rise in price of crude boosting country to No. 1 choice among emerging European markets
Ex-Charles Schwab Corp. investment company manager Randall Merk agreed to pay a $150,000 civil fine to resolve a Securities and Exchange Commission lawsuit accusing the company of misleading investors in its YieldPlus fund.
At a time when litigation has threatened the financial viability of several securities firms, executives at independent broker-dealers, as well as the more than 110,000 or so independent-contractor registered reps, often are woefully underinformed about their errors-and-omissions insurance, according to industry observers
Putnam Investments has launched an online tool that enables its financial adviser clients to evaluate more than 10,000 mutual funds using up to 60 different criteria. Next month, advisers also will be able to compare up to 1,100 exchange-traded funds using the Fund-Visualizer tool
Smaller life insurers — battered by the recession but ready to get back into the annuity business — have begun to outsource the manufacturing of fixed indexed annuities to marketing groups
Dale Harvey of Poplar Forest Partners prefers cheap and out-of-favor stocks
The SEC will not bring an enforcement action against Amaranth Advisors following a three-year investigation, according to an Aug. 19 letter to Amaranth's attorney from Philip Koski, assistant regional director in the SEC's Boston office, which was obtained by P&I Daily.
Advisers notified clients about planned reduction in features, hike in fees
The indie B-D is bucking the trend with the launch of its expanded fee-based VA platform. A single fiduciary standard will likely improve the odds of success
Axa Equitable Life Insurance Co. has paired up with Wilshire Associates Inc. to give small and midsize retirement plans access to fiduciary services.
Residential real estate prices dropped in January by the most in more than a year, raising the risk that U.S. home sales will keep slowing
Eighteen of 20 major metropolitan areas saw residential property prices decline over the last year; 'builders just can't make a profit'
