President Obama’s proposal to raise taxes on affluent households, detailed in his budget plan today, could be a boon for tax-managed mutual funds.
While it’s not wise to change your entire mutual fund investment strategy based on recent performance, it may be time to consider some alternatives like ETFs.
Sales of new single-family homes dropped more than 48% to a record low in Jan.
The Ohio Department of Insurance has confirmed it will provide temporary reserve relief for 20 insurance companies headquartered in the state.
Thomas M. Marra, chief operating officer of The Hartford (Conn.) Financial Services Group Inc., will retire from his post July 3.
All carried-interest distributions from private-equity funds and hedge funds would be taxed as ordinary income instead of capital gains under Obama's proposed budget.
Fidelity Investments plans to increase its presence in the municipal-bond market, firm executives said in an interview.
Congress today commenced an effort to determine whether legislation needs to be enacted to protect the retirement security of the country's aging population.
Federal Reserve Chairman Ben Bernanke today backed the idea of creating an optional federal charter for insurance.
The age of long term care insurance purchasers continues to skew downward as more baby boomers buy policies.
Eaton Vance Corp. said Wednesday its fiscal first-quarter profit shrank by more than half.
Financial advisers, already overwhelmed with frazzled clients, want more understanding from their wholesalers.
Columbia Management Group LLC recently changed portfolio managers at 20 teams that manage more than 55 mutual funds.
E*Trade Financial Corp. has closed its line of four index funds with liquidations to take place no later than March 27.
Navy Federal Asset Management LLC today announced the launch of a new managed account platform in partnership with FundQuest Inc. of Boston.
Managed-futures funds, which finished 2008 as one of the best-performing alternative strategies, hit a bump in January.
Commercial real estate prices plunged 14.9% on average in December from the same month a year ago.
A client wants to pay off his mortgage with a retirement account distribution and is wondering about the short- and long-term financial ramifications.
