It is difficult to evaluate funds and strategies that haven't yet established a track record, but the <b>Aston/Neptune International Fund (ANIIX) </b>comes to market with a certain pedigree and a legitimate strategy for investing outside the United States.
Let's say you paid $7 each back in early 2003 for 1,000 shares of a struggling Cupertino, Calif.-based personal-computer and consumer electronics company that was trading at a fire sale price based on a classic fundamental- valuation metric.
The Phoenix Cos. Inc. has formed an alliance with Jefferson National Life Insurance Co. in which Phoenix will use the Jefferson technology platform to offer no-load variable annuities to fee-based advisers at wirehouses and regional broker-dealers.
Sun Life Retirement Services has named Jed Collins as its new president, succeeding Claud Accum.
Lord Abbett & Co. has added Marybeth Leithead as a portfolio manager on its Municipal Bond team.
The U.S. Supreme Court will take up a case that could affect state taxes on municipal bonds, published reports said.
Michel Flamee has been re-elected chair of the International Association of Insurance Supervisors executive committee.
Merrill Lynch has launched an independent broker-neutral platform for its prime brokerage clients in the hedge fund industry.
The system will help life insurance companies get certifications of supervision of annuity suitability.
SPA ETFs, an affiliate of London & Capital, today launched its first U.S. equities-focused ETF on the American Stock Exchange.
Hedge funds pulled out of this summer’s market havoc, recording average returns of 2.44% for the third quarter, according to Morningstar Inc.
Financial advisers who are frustrated over perceived shortcomings in mutual-fund- rating systems soon will have a new prism through which to view funds.
In its quest to push for divestment in Sudan, the San Francisco Bay Area Darfur Coalition has decided to go underground to fight a major mutual fund company.
State Street Global Advisors today launched three new fixed-income exchange traded funds on the American Stock Exchange.
Four prominent Major League Baseball players are major investors in a hedge fund that was launched last spring, according to Bloomberg.
The Municipal Securities Rulemaking Board will consider amending Rule G-14 to heighten securities’ transparency.
Hundreds of exchange traded funds may not see the light of day, because seed capital for such funds is drying up.
Nebraska insurance director L.Tim Wagner died on Tuesday, according to the National Association of Insurance Commissioners.
ETF assets increased by 9.7% in September, as 15 new funds were launched, according to State Street.
Hedge fund investors are likely to get burned, said John Gunn, chief executive of Dodge & Cox.
