Putnam Investments is paying the price for calling the bottom in financial stocks too early.
If advisers haven't heard of extensible business reporting language, or XBRL, they soon will.
The SEC is looking at capping the 12(b)-1 marketing and sales charge fees that fund investors pay and is preparing to issue a proposal early this year concerning the approximately $12 billion a year paid in such fees.
Now that annuities are becoming accepted as part of an overall retirement income program, fee-only planners are wondering whether they should sell the products themselves or refer sales to outside agents.
One way or another, the fallout from the subprime mortgage meltdown and the broader credit crunch is expected to alter the complexion of the alternative investments industry in the year ahead.
The fund is designed to give investors exposure to investment-grade municipal bonds with a nominal maturity of 17 years or more.
Great American Insurance is accused of submitting a false insurance premium quote.
The mutual fund industry will let its hair down this year, introducing ever more exotic, hedge-fund-like products that make even greater use of complicated vehicles such as derivatives, according to some industry experts.
A woman's place is in the House and Senate, said the late feminist and congresswoman Bella Abzug. Today, include the marketplace as well.
The basic premise behind the management of the Managers AMG Essex Small/Microcap Growth Fund (MBRSX) is finding good companies that few other analysts have yet to identify as prospects.
Fixed and variable annuity sales at banks rose to $4.2 billion in October, a 14% gain.
Peter Smyth is now senior vice president and director of strategy, development and operations for international wealth management.
The inflows slowed substantially as investors poured more money into exchange traded funds.
After an outcry from member B-D firms, FINRA proposed pushing back a section of the rule to Aug. 4.
Jackson National Life Insurance Co. today added a pair of new portfolios to its retail mutual fund lineup.
Catherine J. Weatherford, executive vice president and chief executive officer, will earn $370,000.
Asset levels hit $13 trillion in December, gaining approximately $1.8 trillion from the beginning of the year.
Pacificor has named portfolio manager Andy Mitchell to helm the hedge fund after Michael B. Klein, former CEO, died after his private plane crashed in Panama on Sunday.
The insurance company's president and chief executive, Michael G. Cherkasky, will step down.
