If an investor had invested $1,000 in the Pioneer Fund when it was launched in 1928, his or her heirs would be millionaires today.
Sen. Hillary Clinton's bid for the White House may rekindle momentum behind a bill she co-sponsored last year that would offer a tax break on some annuities, according to a retirement trade group.
Investors often ask me why an exchange traded fund they own paid a big gains distribution. The answer is simple, but the lessons can affect the advice you give your clients.
A new mutual fund is purchasing alternative investments — a strategy designed to defy market volatility when stock and bond prices are plunging.
The value of its super-senior-credit-default swap portfolio declined $5.9 billion and not $1.6 billion, AIG reported to the SEC.
John Baum named chief executive, J. Charles Cardona to be president when Tom Eggers retires.
Company wants to be a high-net-worth 'pure-play', reports a 90% drop in fourth-quarter income.
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.
