BlackRock Inc. is seeking regulatory clearance to create exchange-traded funds that can bet against stocks or bonds, as the $826 billion industry's largest player seeks new products to boost revenue.
Trademark lawsuit could make it harder to pick meaningful abbreviations; 'rush for good ticker symbols' coming?
Pimco's Bill Gross, who's been touting the virtues of fixed-income investments for nearly forty years, is now talking up stocks. Why is that?
After seven years as editor of this publication, I have come to learn that our readers aren't shy. During that time, I have been on the receiving end of some strongly worded letters and e-mails from subscribers who didn't see eye to eye with me on one of my columns or with an <i>InvestmentNews </i>editorial.
I've had a lot of high perspiration “Right Guard” moments in my life, although I futilely try to live by Gillette's 1984 advertisement of “never let 'em see you sweat.”
Discount broker ups the ante after offering commission-free trades online seven months ago
Josh Kernan, who oversees sales of alternative investments to investment advisers and their clients at Charles Schwab Corp., is leaving the company after 16 years to start a new firm.
The Hartford Financial Services Group Inc. has tapped Jim Davey, head of the company's retirement division, to run its mutual fund business.
The cost of liability insurance is expected to increase up to 20% at some broker-dealers in response to rising arbitration claims by investors after the market crash.
The Hartford Financial Services Group Inc. has named Sharon Ritchey head of retirement plans in its wealth management division, replacing Jamie Ohl.
John C. Walters is being replaced by David N. Levenson, an executive vice president leading The Hartford's in-force domestic variable annuity business.
Russell Investments moved a step closer to becoming an exchange-traded-fund provider yesterday when it announced that it has appointed James Polisson managing director of its global ETF business and Andrew Arenberg managing director of global ETF distribution.
You'd think $3M or so in investible assets would make a person feel rich. Not so, say the well-off.
Asset allocators cut their holdings of U.S. equities this month to levels not seen since 2008 amid concern that the world's largest economy may be weakening, a BofA Merrill Lynch Global Research survey showed.
Connecticut's insurance regulator yesterday shot back at critics of insurers' use of so-called retained asset accounts.
In an apparent first for the retirement industry, John Hancock Retirement Plan Services is now offering 401(k) participants a choice between target date funds that plan for investments “to” retirement and “through” retirement.
Public response to the Securities and Exchange Commission's proposal to enhance target date fund disclosure has been tepid — even as the public-comment deadline looms three days away.
Bill Gross is managing director and co-chief investment officer at Pacific Investment Management Co. LLC.
New York Life Insurance Co. was the top seller of fixed annuities during the second quarter, with $1.74 billion, according to Beacon Research Publication Inc.
