Three exchange traded funds from The Vanguard Group Inc. declared a 2-for-1 stock split today.
The aim is to remove some of the power investment banks have over selecting which rating firms get paid to rate deals.
Washington Mutual board chairman Kerry Killinger and Marsh & McLennan CFO and VP Matthew B. Bartley will leave their jobs.
Dollar Bull 2.5x Fund seeks daily investment results, before fees and expenses, of 250% of the performance of the U.S. Dollar Index.
Plaintiff’s attorneys are going to have a tougher time seeking class action status in alleging the improper sale of an annuity.
The SEC approved trading in options on the Gold Trust shares and the CFTC approved trading in futures on them.
The firm had added American Funds, JennisonDryden, OppenheimerFunds Inc. and Van Eck Global to its mutual fund platform.
The first income guarantee wrap-per around a managed-account portfolio hasn't even been sold yet, but its mere existence has sparked growing interest in retirement income products within the managed-accounts industry.
Real estate investment trusts outperformed other major market benchmarks during the first five months of the year.
MassMutual announced that it had completed its purchase of First Mercantile Trust Co. from SunTrust Banks Inc. of Atlanta.
Estimated sales of fixed annuities were $18.1 billion in the first quarter, a 35% increase from the level a year earlier.
After five years when investing in Latin America was virtually a sure thing, some industry experts are beginning to caution that the good times may be coming to an end.
The theory behind the Dunham Appreciation & Income Fund (DNAIX) is that by allocating half the portfolio to convertible bonds and preferred stocks and the other half to common stock, investors will experience a smoother long-term ride.
More than 400 executives from 50 mutual fund and financial services companies are expected to raise $650,000 June 12 at the 14th annual Expect Miracles Golf Classic, sponsored by Mutual Funds Against Cancer.
Like Goldilocks, financial advisers can't seem to find many new retirement income products that are "just right."
The hedge fund industry wants parity with mutual funds in its ability to buy exchange traded funds under a Securities and Exchange Commission proposal to streamline ETF regulation.
A recent court ruling makes it harder for investors who want to sue mutual fund advisers over "excessive fees," but the case may be headed to the U.S. Supreme Court.
A group of single-premium annuity pension plan brokers who allegedly took kickbacks from insurance carriers is under investigation by the state of Connecticut and may face steep penalties, according to Attorney General Richard Blumenthal.
This deferred payout annuity allows clients to buy a stream of guaranteed income for a minimum of $10,000.
The Hartford Financial Services has divided its life insurance operations into four market groups.
