The number of hedge fund launches and liquidations are off at a 25% annual rate for the second consecutive year, according to HFR.
The first U.S.-listed Chinese Real Estate ETF gives investors exposure to the Chinese real restate market.
Aon's Combined Insurance will be sold to ACE for $2.4 billion and Munich Re is buying its Sterling unit for $352 million.
CEO and CIO were the best-compensated positions at hedge funds of funds in 2007, according to an Infovest21 survey.
Due to negative returns, investors are pulling money out of mutual funds that invest in real estate investment trusts, but financial advisers believe that now is not the time to trim holdings.
Tudor Investment clients have pulled more than $1 billion from its Raptor hedge fund after it fell 8.5% this year.
While mutual funds continue to garner the lion's share of investment assets, their growth is trailing that of exchange traded assets and separately managed accounts.
Elder-law attorneys are concerned that the new year will bring new rules in a number of states regarding how — and if — immediate annuities can work with Medicaid eligibility and planning.
The mind-set of clients presents a significant stumbling block to advisers who recommend annuities as a retirement-planning tool.
Brokers and other industry observers are steaming over a new study that shows that investors who buy load funds do far worse than the funds themselves.
The insurance trade groups will join under the umbrella of LL Global but each will keep its name.
The hedge fund run by RK Capital Management of London lost 22% in November as copper prices fell.
The Hartford announced today that it is purchasing Boston-based Sun Life Retirement Services Inc.
A 37-year veteran of the life insurance industry, Daniel J. Toran, 59, spent 12 years with the Horsham, Pa.-based company.
Greenwich reported significantly smaller losses than the S&P 500, Dow Jones and Nasdaq indexes.
The Hartford announced plans today to acquire TopNoggin, a technology firm based in Powell, Ohio.
MetLife will now distribute its retail-deferred income annuity through the carrier’s independent distribution arm.
The Life and Health Insurance Foundation for Education yesterday chose Marvin H. Feldman as the group’s president and CEO.
Investors eyeing socially conscious funds are no longer looking merely at the social issues; they are also looking for performance — a change that has resulted in new offerings from fund firms in asset classes that have been underrepresented in this market for nearly a decade.
The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.
