The stellar returns that junk bond funds are generating are unsustainable and will come to an end, fund managers and financial advisers agree, but they disagree on when that will be.
Private-equity firms are turning to infrastructure investing now that the credit crisis and deepening recession have put their traditional leveraged-buyout businesses into suspended animation.
Certificates of deposit that link investment returns to stock market indexes are helping prop up the sagging structured-products industry.
Mutual fund managers weary of trying to spin negative trailing returns are suggesting that investors look at rolling returns, but those are often difficult to obtain and can be misleading, some say.
After being written off as an asset class just a few short months ago, emerging-markets equities are back.
A New York Congressman has introduced a bill that will try to preserve state authority over indexed annuities, pushing back against a recent rule from the Securities and Exchange Commission.
Bermuda-based reinsurer RenaissanceRe Holdings Inc. said today that it will buy Spectrum Partners Ltd. to help it operate better in London and meet increased demand.
Sen. Herb Kohl, D-Wis., chairman of the Senate Special Committee on Aging, questioned regulators and representatives of the long term care insurance industry at a committee hearing yesterday and focused on the financial viability of LTC insurers.
ProShare Advisors LLC is extending its dominance of the leveraged exchange traded funds market with the launch of four strategies, the company announced today.
Ramani Ayer, chairman and chief executive of the Hartford (Conn.) Financial Services Group Inc., said today that he will step down by the end of the year.
The Malvern, Pa.-based fund firm will merge the $6.7 billion Vanguard Treasury Money Market Fund (VMPXX) into the lower-cost $21.8 billion Vanguard Admiral Treasury Money Market Fund (VUSXX).
The reductions are being made across all companies and departments among the firm’s 9,000 employees, said Chuck Freadhoff, spokesman for American Funds.
A pair of unrelated Boston-based hedge funds managing a total of more than $1.3 billion separately told investors today they're shutting down and returning investor cash because of recent disappointing performance.
As some insurers recently made stock and debt offerings in lieu of participating in the government’s Troubled Asset Relief Program, Moody’s Investors Service said that it will review the way these recapitalization options affect carriers’ ratings.
Pacific Investment Management Co. LLC today launched its first exchange traded fund and filed with the Securities and Exchange Commission to offer six more.
The number of U.S. homebuyers who agreed to purchase a previously occupied home in April posted the largest monthly jump in nearly eight years, a sign that sales are finally coming to life after a long and painful slump.
Long-term bond yields climbed sharply on today as improving sentiment on the economy sapped demand for government debt.
The Reserve Management Co. of New York has announced that the liquidation of the Reserve U.S. Treasury Fund (RUTXX) and distribution concluded May 29.
John Hancock Financial Services today released a variable annuity called the John Hancock AnnuityNote.
