Although Fidelity Investments and Janus Capital Group Inc. recently designated multiple managers for specific portfolios, neither firm is abandoning their individual-portfolio-manager system.
As more products that aim to deliver regular payouts in retirement hit the market, many advisers are taking a wait-and-see approach before recommending them to their clients.
Many mutual fund trustees would like to repeal the Securities and Exchange Commission's 12(b)-1 regulation that allows mutual funds to use fund assets to pay for marketing, a Washington lawyer who represents mutual funds reports.
German insurer Allianz SE, saw third-quarter net profits soar 21%, reaching 1.92 billion euros ($2.81 billion).
Global REIT market capitalization was $764 billion as of June 30, up about 25% from the year before, according to a report by Ernst & Young.
Board members and fund executives polled are now spending more than 50 hours per quarter managing board responsibilities.
Affiliated Managers Group today announced that it had purchased a stake in ValueAct Capital Partners.
American International Group Inc.'s third quarter net income dropped to $3.09 billion or $1.19 per share.
ProShare Advisors launched two short exchange traded funds that are designed to generate inverse performance compared to the markets in China and Japan.
Elizabeth A. Ward will handle all elements of strategic risk management and have oversight across MassMutual’s companies.
The funds include an international style-consistent growth fund and an asset allocation fund.
Rydex Investments has launched six ExpressShares exchange traded funds on the American Stock Exchange today, bringing the size of its ETF family to 30.
Fireman’s Fund, a member of Allianz Group, has launched the first green homeowners’ insurance policy upgrade.
Emerging markets took the lion’s share of the new money, as investors poured in $11.4 billion – 61% of the total.
A new rule governing broker-dealers' sales of deferred variable annuities is about to drop, and the firms are arming themselves to face it — but not without a little grumbling.
Issuance of U.S. investment grade bonds is expected to reach $100 billion this month, according to Dealogic.
Ms. Slevin, a 30-year veteran of the company, will direct more than 1,300 tech professionals in six U.S. locations.
The Supreme Court will hear arguments today in a case that could affect the way states tax other states’ bonds.
The collapse of some hedge funds may be turning into the next cause celebre for plaintiff's attorneys who file arbitration claims on behalf of investors looking to recoup losses.
