Emerging markets took the lion’s share of the new money, as investors poured in $11.4 billion – 61% of the total.
A new rule governing broker-dealers' sales of deferred variable annuities is about to drop, and the firms are arming themselves to face it — but not without a little grumbling.
Issuance of U.S. investment grade bonds is expected to reach $100 billion this month, according to Dealogic.
Ms. Slevin, a 30-year veteran of the company, will direct more than 1,300 tech professionals in six U.S. locations.
The Supreme Court will hear arguments today in a case that could affect the way states tax other states’ bonds.
The collapse of some hedge funds may be turning into the next cause celebre for plaintiff's attorneys who file arbitration claims on behalf of investors looking to recoup losses.
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.
