The hedge fund industry has joined with Habitat for Humanity of New York to raise money and help working families achieve home ownership.
Jackson National Life Insurance Co. today released Jackson AscenderPlus Select, a new fixed index annuity.
Morgan Stanley is in talks to purchase a 20% stake in Traxis Partners LP, a hedge fund founded by the company's former chief strategist, Barton Biggs.
Goldman Sachs Group Inc. and Kohlberg Kravis Roberts & Co. have backed out of their $8 billion buyout of audio equipment maker Harman International Industries Inc. of Washington.
Three hedge funds are set to pounce on Northern Rock, the British mortgage lender.
Combined net assets for variable annuities hit $1.5 trillion during the second quarter, according to a report from NAVA.
Envestnet Asset Management Inc. is bringing the PMC brand name back and giving the unit its own sales force.
After being beaten down as a result of the subprime-mortgage mess, junk bonds now look like big winners following last week’s interest rate cut by the Federal Reserve.
With growth-oriented stocks poised to make a comeback, many mutual fund companies may soon be forced to weigh the power of lessons learned from the burst of the dot-com bubble against the allure of growth.
The insurance industry wants Congress to do something about the Byzantine system of state-by-state agent licensing and oversight.
The firm, with $100 million in assets under management, focuses on introducing exchange traded funds.
FRM, a London-based global hedge fund manager, will transition its assets to JPMorgan Hedge Fund Services.
Goldman's Global Alpha managers sent a letter to investors saying they would keep the fund open.
It’s the latest chapter in whether insurers can sue participants in a municipal bond transactions for securities fraud.
NovaStar, the troubled residential lender, will give up its status as a real estate investment trust.
The regulator is probing for relationships between managers, employees, family members and public companies.
Agustin “Gus” J. Fleites is now the president of IndexIQ Advisors, a new asset management subsidiary of IndexIQ.
Marsh & McLennan Cos. stock slipped after Brian M. Storms stepped down as CEO of Marsh Inc. on Friday.
Recent recalls of Chinese products, including poisonous pet food and toys coated in lead paint, are having little effect on red-hot Chinese stocks.
Insurance regulators are joining the attack on investment fraud that targets older Americans.
