Morgan Stanley Investment Management is counting on overseas growth to help get it back on track as revenue continues to fall.
A recently released SEC study provides further evidence that mutual fund prospectuses need fixing.
Because of slumping second-quarter sales of variable annuities, industry observers believe fixed annuities could benefit.
Adam Levinson, who has been with Fortress since 2002, will join five principals who hold around 77% of the stock.
The Principal Financial Group has released a white paper that examines the four methods of providing retirees with income.
Indexes apply environmental, social and governance performance factors to a U.S. fixed-income asset class.
The pending-home-sales index rose 5.3% in June, after hitting a six-year low in May, according the National Association of Realtors.
The Vanguard Group reopened the Vanguard Explorer Fund and the Vanguard Health Care Fund to new shareholders.
Products of some top fund companies included on Doug Fabian's roster.
In response to the credit crisis, a group of financial industry executives unveiled a plan today to improve risk management.
The Hennessee Hedge Fund Index slipped 1.95% last month and was down 3.23% for the year-to-date.
Jim Pallotta, a fund manager at Tudor Investment Corp., will start his own investment firm in 2009.
Marsh & McLennan Cos. of New York reported that its second quarter profit fell 63%to $65 million, or 13 cents per share.
Prudential Financial yesterday agreed to settle allegations from the SEC that it used reinsurance contracts to overstate its income by more than $200 million.
Janus Capital Management LLC will begin sending out checks to investors Aug. 15 as restitution from its 2004 market-timing settlement.
After posting an 11.25% drop in June, real estate investment trusts rebounded in July, rising 2.8% for the month, NAREIT and FTSE Group reported today.
Samuel Israel III, founder of Bayou Group LLC, pled guilty to charges related to his attempts to jump bail and flee.
Mario Gabelli plans to raise $200 million to buy a financial services, media or telecommunications company.
Dow Kim, former head of trading and investment banking, has shelved plans to launch a hedge fund, says Bloomberg.
Three new revenue rulings released by the Internal Revenue Service over the past few weeks are likely to have substantial effects on investors.
