Hennesse Hedge Fund Index falls 2.4%, the fourth worst month ever.
Fourth quarter profits down 50% at Nationwide, off 29% at Protective Life.
Regulators flooded Rep. Paul E. Kanjorski, D-Pa., with their and assessments of the ongoing municipal bond insurer debacle.
John Hancock Financial's team will act as a resource for financial planners and advisers on tax and estate planning issues.
The Hennessee Hedge Fund Index declined 2.8% in January after finishing 2007 up 11.64%.
Prudential's fourth-quarter net income fell to $792 million, or $1.75 per share, from $893 million.
Passive management for target date funds means stronger results for investors, according to a study.
The hedge fund, its adviser, founder and two employees will pay a combined $40 million for an illegal late-trading scheme.
Iowa will be the first state to join an initiative to provide customers with plain-English disclosures on fixed and indexed annuities.
Sun Life Financial's U.S. division announced the creation of a new group and a change in leadership.
While more money flowed into Janus Capital Group's mutual funds in 2007 than out - an occurrence not seen since 2000 - advisers are skeptical about whether the once-troubled fund company has regained its footing completely.
Meet the "schmeek." Financial advisers' increasing appetite for intricate details about the mutual funds and other investment products that they recommend to clients is forcing wholesalers back to school to learn how to talk to advisers.
Variable annuities with guaranteed-minimum-withdrawal benefits allow investors to reduce risk and increase retirement income, according to a recent study.
The manager of the Aston/Veredus Select Growth Fund (AVSGX), B. Anthony Weber, knows that market conditions have been taking a toll on his investment strategy, but he insists that the validity of his approach remains solid.
Overcrowding is behind a nearly 18% slump in the number of mutual funds launched in 2007 and a comparable percentage jump in those merged out of existence.
In a bid to take advantage of the stock market's volatility, mutual fund companies are reopening closed funds at a record pace.
The minor-league status of WisdomTree Investments Inc. in the world of exchange traded funds could change following a deal struck last month with The Dreyfus Corp.
The forces that drove the retirement marketplace in 2007 — the automatic enrollment and default option provisions of the Pension Protection Act of 2006, the aging baby boomers and a focus on the rollover market — will continue to shape product launches this year.
Strong earnings and sound investment portfolios will keep the life insurance industry stable this year, according to Moody’s Investors Service.
