Managed-payout funds designed to give retirees a steady stream of income landed with a thud when they were introduced ahead of the stock market's swoon, but some mutual fund companies are seeking to breathe new life into the concept.
When it comes to picking a target date fund, the instruction manual seems simple enough.
Being an investment research analyst during one of the most historic economic downturns can be stressful.
In a first, top executives with LPL Investment Holdings Inc. last week picked up hundreds of thousands of options to purchase the company's common stock — a move that has renewed speculation about a forthcoming initial public offering.
The hedge fund industry continues to shrink — though the pace is slowing a bit, according to the latest report from Hedge Fund Research Inc.
Tom Forester, manager of the Forester Value Fund, will bring into the fourth quarter a cautiously optimistic perspective that will include a bit of his trademark profit-taking from some of the portfolio's best performers.
The Department of the Treasury's temporary guarantee program for money market funds will conclude today, one day after the ICI reported a jump in money fund outflows this week.
California's attorney general said Thursday his office is investigating Wall Street's big credit rating agencies to determine what role they may have played in the collapse of the financial markets.
Total money market mutual fund assets fell by $62.6 billion to $3.482 trillion for the week, the Investment Company Institute said Thursday.
It boasts ocean views, an infamous former owner — and now a buyer willing to pay more than $8.75 million.
The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number of defaults.
AdvisorShares Investments LLC launched its first exchange-traded fund today: the actively managed AdvisorShares Dent Tactical ETF.
While Putnam Investments portfolio manager David Hilder is optimistic about the financial sector, commercial real estate and regulatory reform may hold some risk for diminished returns, he said at a press meeting yesterday in Boston.
When the real estate cycle turns, the rebound could be more rapid than many think, according to Martin Cohen, the co-chief executive of Cohen & Steers Inc.
Genworth Financial Inc. yesterday kicked off a $500 million public stock offering of its Class A shares.
The New York Insurance Department will hold a public hearing tomorrow on the marketing of life insurance and annuities, specifically focusing on suitability of sales to seniors.
