Mutual fund investors will learn the hard way at the end of this year that you can never keep the tax man away for long.
In a move criticized by some industry experts, ProShare Advisors LLC plans to introduce 48 exchange traded funds that use leverage to provide short or magnified exposure to commodities and currencies.
A Massachusetts investment advisory firm has launched a series of indexes based on actively managed mutual funds.
Federal commodities regulators want new powers to police energy derivative trades of the sort that contributed to the collapse of Greenwich, Conn.-based Amaranth Advisors LLC last year.
While many financial advisers continue to criticize and shun equity index annuities, insurance companies that sell the product are trying to improve its tarnished image by focusing on education.
Mutual funds that charge redemption fees will not qualify as default investments under the Department of Labor's recently announced final rules.
A Securities and Exchange Commission proposal to modernize regulation of private securities offerings has generated concerns from state regulators and some industry interests that it would blur the line between public and private deals.
The mutual fund industry and independent 401(k) service providers squared off last week before the House Ways and Means Committee over whether fees for various 401(k) services should be broken down in disclosures to employers.
Sources say the firm has been asking hedge funds to take on mortgage-related securities.
It was the ETF Insider's index of the top 50 exchange traded funds' second-strongest month this year.
The layoffs are part of a global restructuring plan that will cut down on expenses, Aon said in a filing with the SEC.
The bond market is recovering from the credit crisis, with $41.4 billion bonds sold in October.
Sun Life Financial’s U.S. division received the Life Office Management Association Educational Achievement Award.
Citigroup Inc. will buy Carlton Hill Global Capital, a New York-based fixed-income money manager.
The new not-for-profit organization will called LL Global Inc., providing a unified management structure.
The average age of a buyer is now 58, down from 61 in 2005, and 67 in 2000, according to a survey.
Tomorrow, WisdomTree Trust will debut an ETF offering exposure to small-cap stocks in emerging markets.
Americans are in denial about their finances. Federal data show that they spend like there's no tomorrow. Our middle class is among the most affluent in history, but many live paycheck to paycheck, their futures mortgaged to fund their increasingly expensive amusements.
The new regulations from the Department of Labor covering qualified default investment alternatives will have widespread ramifications for both financial advisers and insurance companies.
He will replace Raj Singh, who will take a new position at the Swiss Reinsurance Co.
