The cost of protecting U.S. corporate bonds from default has fallen below yield premiums by the most since January as concern ebbs that the world's largest economy will lapse back into recession, giving Pacific Investment Management Co. more reason to snap up bank debt.
While retirement industry leaders last week pressed officials from the Labor and Treasury departments to make it easier to include annuities in 401(k) plans, many investment firms and advisers said they aren't pinning their hopes on the annuity proposal and are looking for income solutions that don't involve insurance.
The Investment Company Institute has slammed assertions around mutual fund fees made by kaChing Group Inc., continuing an online sparring match between the two.
KaChing Group Inc's online service — touted as an alternative to mutual funds — may still be in its infancy. But kaChing today announced it has secured $7.5 million in financing.
If you're unhappy with your mutual fund, you can easily find another. After all, there are nearly 8,000 to choose from.
Investors looking for more exposure to global markets can increasingly look to U.S. stocks, according to Eric Ende, manager of the FPA Perennial Fund Ticker:(FPPFX).
The following are remarks delivered by Securities and Exchange Commission member Elisse B. Walter on Sept. 21 in San Francisco at the SEC's inaugural hearing on the state of the municipal-securities market
At first glance, financial advisers seem to be about as suited for farm life as Lisa Douglas, the overdressed socialite who was dragged from her Manhattan penthouse to a farm in the hit TV show “Green Acres.”
BlackRock Inc., the world's biggest manager of exchange-traded funds, named Russ Koesterich to the new position of global chief investment strategist for its iShares unit.
The staunchest opposition to a universal fiduciary standard that would put clients' interests first isn't from securities brokers. It's from insurance agents, comments to the Securities and Exchange Commission show.
S&P five-star ranked Mairs & Power Growth Fund has, over the past year, consistently been top-ranked within S&P's coverage universe, and garners positive performance analytics, risk considerations, and cost factors scores
With stricter capital requirements, banks may shy away from purchasing municipal debt
Steven Romick says he aims to beat the market when stocks are falling and underperform by a smaller margin when they're rising.
U.S. regulators said mutual funds aren't telling investors enough about why they use derivatives, with some funds providing “generic” disclosures and others failing to explain how the products affect performance.
New Jersey's insurance commissioner is proposing an amendment which would provide unlimited coverage in the case of certain insolvencies
American Century Investments is discussing launching global bond funds for international and U.S. investors
IT industry jumps ahead of banks in total payouts to shareholders 'excess cash'
Warren Buffett says China's BYD Co. has “momentum.” It may have more to do with his name than the company's.
Whether it's helping downsized clients, assisting retirees whose benefits are being chiseled away or advising small-business owners on health care options for their companies, a growing number of financial advisers find themselves navigating the murky waters of health care insurance.
