The board of New York Life Insurance has elected Frank Boccio to the position of executive vice president and CAO.
Barclays has launched eight exchange-traded notes to track commodities on NYSE Arca today.
The Claymore/Zacks Dividend Rotation ETF will follow the Zacks Dividend Rotation Index from Zacks Investment Research Inc.
The Risk Group will be responsible for identifying, tracking and addressing key external market and industry trading developments.
Investors pumped $45.2 billion into the hedge fund industry during the third quarter, according to data from Hedge Fund Research.
The American Council of Life Insurers today elected Dennis R. Glass, president and CEO of Lincoln Financial Group, as its 2008 chairman.
Dwindling assets and intense regulatory scrutiny continue to take their toll on mutual fund B shares, which at the current rate of attrition are likely to become nearly extinct inside five years.
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.
