By recruiting Perella Weinberg, the state regulator would focus on protecting the policyholders of “monoline” insurers.
When projects went into default or were failing, Heartland didn't accurately re-price the funds, the SEC said.
InvestmentView, one of the first software tools to use hypothetical comparisons to help advisers recommend mutual funds, is being re-launched today by Thomson Financial.
Inspired by market volatility, insurance carriers are making over their equity-index annuities in an attempt to beat a bad reputation and target baby boomer investors.
Gender is a strong factor in determining the likelihood of whether a worker 50 or older receives an annuity or a company-sponsored pension payment, according to a recently released study.
Robert B. Pollock's return follows a six-month hiatus when Mr. Pollock went on administrative leave by order of the board of directors.
The Investment Company Institute has created a committee for exchange traded funds in what some say is an effort to head off the possibility that ETF providers will create their own trade association.
A gloomy market outlook is making gold shine bright, but financial advisers are divided as to whether it deserves a place in most clients' portfolios.
The fund, which is offered by the Franklin Templeton Fixed Income Group, seeks to generate income by investing in foreign fixed income markets.
Federated Investors Inc. launched the Federated Kaufmann Large Cap Fund this month in a bid to capitalize further on the success of star managers Lawrence E. Auriana and Hans P. Utsch.
One very large player figured only marginally in the scandals of the 1990s — the $7 trillion mutual fund industry.
Insurance agents and advisers are hawking annuities without grasping the adverse impact on clients' estate plans, industry observers said.
Fund Architects LLC, which promises to provide small investors with institutional-quality money management, legitimately can claim that it thinks outside the box.
Banks could be obliged to to set aside $143 billion in reserves if municipal bonds are downgraded, a report says.
After a buyout, a company cuts an average of 7% of its workforce, but new positions in new locations are added at a 6% clip.
The firms will join forces to offer international cash- and fixed-income exchange traded fund products.
Fears that stock-market panic may spread to the bond market led to a meeting between regulators and several large insurers of debt.
Treasury bill, note and bond issuance is expected to climb to $125 billion during the first quarter of this year.
William Galvin has requested a list of Massachusetts public-issuer bonds insured by the companies since January 2006.
The new benefit will go with UBS’s target retirement funds and other investment options.
