iShares, a unit of Barclays Global Investors, today launched an emerging-markets exchange-traded fund: the iShares MSCI Emerging Markets Eastern Europe Index Fund (ESR).
Despite troubling signs that investors aren't sold on new real estate investment trusts that plan to purchase distressed-mortgage assets — in many cases with the help of government financing — mutual fund managers still intend to take a close look at them.
The stock market's nose dive beginning last fall effectively redefined small-cap stocks, which provided at least a temporary advantage to smaller money managers and individual investors over many of the asset management behemoths.
Marathon Asset Management LP has completed an initial closing of an investment fund established under the Public-Private Investment Program, the Department of the Treasury announced today.
A growing demand for commodities in emerging and developing markets requires a new way of analyzing commodity investment strategies, according to Thomas Samuelson, chief investment officer at Advanced Equities Asset Management.
Swiss Reinsurance Co. Ltd. today issued a $150 million natural-catastrophe bond using the capital markets to protect itself from natural disasters.
Annuities coupled with long-term-care benefits could make a splash next year if the IRS and insurers can hammer out a tax kink that threatens to dull the appeal of the new hybrid.
There is no longer any question that mutual funds have proved their value to more than 90 million Americans who have invested almost $10 trillion in funds for a variety of reasons.
Wal-Mart Stores Inc. has introduced custom target date funds to its more than 1 million 401(k) participants, following an unusual selection process.
Interest rates on six-month Treasurys hit their lowest level on record and three-month bills their lowest point in 11 months in Monday's auction of T-bills.
These days, money market funds are investing only the safest securities.
MBIA Insurance Corp. will reinsure a $184 billion portfolio of bonds previously backed by the troubled Financial Guaranty Insurance Co.
SEC has unanimously approved a proposal that would require mutual funds to use computer tags to label key information about fees, performance and strategies.
John Brown told Bloomberg that the insurer would either divide its guarantee business into two entities or raise capital.
Financial Guaranty Insurance Co. wants to split itself into two companies.
FundQuest has added Fidelity Investments Life Insurance Co.'s Personal Retirement Annuity to its platform, marking the first time that the Fidelity variable annuity will be available to fee-based advisers through a managed-account provider.
A Wells Fargo Securities analyst today speculated that Prudential Financial Inc. may target ING's U.S. retirement business as an acquisition.
Sales of fixed annuities fell during the third quarter to $21.9 billion, reflecting a decline of 21% from the year-ago period, according to data from Beacon Research.
American International Group Inc. today said it would sell its Hong Kong consumer finance unit to the China Construction Bank Asia Corp. Ltd.
An ex-Goldman Sachs adviser in Hong Kong has been barred from the financial services industry for two years after she invested almost $2 million of her client's money on derivatives contracts without approval, regulators said Thursday.
