Mutual fund assets grew by 2.3% in March, according to a report released by the Investment Company Institute.
AdvisorShares Investments LLC appears to have moved a step closer to launching its first actively managed exchange traded fund.
A grand jury has indicted a Florida hedge fund manager who disappeared for two weeks before surrendering to face criminal charges.
Impaired intangible assets will continue to pressure insurance companies as earnings continue to erode, according to a report from Moody’s Investors Service in New York.
Managed-care company Aetna Inc. said today its first-quarter profit rose slightly due to membership gains and premium increases, even though the company saw higher-than-expected medical costs.
In order to keep the individual annuity market alive amid economic turmoil, insurance companies will need to readjust their product risk, distribution and cost structures for the product, according to a report from Conning Research & Consulting.
The monthly auctions of 30-year bonds follows Treasury's decision just three months ago to double the frequency of the auctions from four times annually to eight.
Four out of the top 10 largest mutual funds on Doug Fabian’s <a href=http://www.mutualfundlemonlist.com>Lemon List</a> for the first quarter were from Fidelity Investments.
Delivering a message that his audience probably didn’t want to hear, Paul Kanjorski, D-Penn, chairman of the House Capital Markets Subcommittee, said that federal insurance regulation is inevitable.
Home prices dropped sharply in February, but for the first time in 25 months the decline was not a record, another sign the housing crisis could be bottoming.
The Securities and Exchange Commission has obtained a court order freezing the assets of a Connecticut hedge fund manager who allegedly bilked investors of $30 million by inflating the size of two of his funds.
Only a buyout — preferably one by Allianz SE of Munich, Germany — will rescue The Hartford (Conn.) Financial Services Group Inc., wrote Bob MacDonald, former chief executive of Allianz Life of North America and Allianz Income Management Services, both in Minneapolis.
Worldwide sales for Aviva PLC rose to 10.3 billion British pounds ($15.1 billion) in the first quarter, up 5% from a year earlier, buoyed by sales of life insurance and pensions.
The term "bailout" has taken on new meaning for financial advisers as they devise ways to free clients from underperforming variable annuities, but the path to freedom is paved with possible tax complications and worries about account churning.
Dealing with the declining value of their clients' homes, financial advisers are adjusting retirement plans and coming up with new ways to compensate for the wealth loss.
A little more than a week after they were first issued, sales of Build America Bonds have reached nearly $10 billion and are climbing.
American International Group Inc. of New York has appointed Matthew E. Winter vice chairman, transition planning and administration, replacing Richard H. Booth, who retired.
Investment adviser Hennessee Group LLC and its principal, Charles Gradante, have been charged with securities law violations by the SEC for failing to perform an advertised review and analysis before recommending Bayou Management LLC hedge funds that were later discovered to be a fraud.
The Hartford (Conn.) Financial Services Group Inc. has approached its rivals in recent weeks searching for a buyer for its property/casualty unit, Bloomberg reported.
Government support of a green economy and the likelihood of rising oil prices are creating opportunities in alternative energy, according to Calvert Asset Management.
