Economic uncertainty and market volatility are taking donor-advised funds on a roller coaster ride.
New York Life Insurance Co. has tapped Jon Stenberg to join the company as a senior vice president in the individual-life department.
Legislation that would require municipal bonds to be rated similarly to corporate bonds was introduced today in the House.
Investors put more than $75 billion into mutual funds in May, as stock, bond and money market funds reported positive inflows.
Hedge funds posted positive returns in May, despite growing concerns that inflationary pressures and spiking oil prices would hinder growth rates.
Mark J. Schlafly will lead two broker-dealers, FSC Securities Corp. and Advantage Capital Corp., both of Atlanta.
Barclays PLC might receive about $927 million from Sumitomo Mitsui Financial Group Inc. to bolster its depleted balance sheet.
Crude oil prices soared today on the news of an Israeli Air Force exercise that experts say was a show of force aimed at Iran.
Target date funds are benefiting from the requirement that 401(k) plans include qualified default investment alternatives.
The policy, the Lifetime FlexPlus II, features premiums that are 3% to 5% lower than those of the original version.
The deal would transform Apria Healthcare into a private company wholly owned by Blackstone and its affiliates.
Pennsylvania Life Insurance has agreed to a $925,000 settlement following allegations of unsuitable annuity sales in Wisconsin.
The Lance Group specializes in school boards and municipalities and handles benefit plan analysis as well as design.
The firm's Micro Cap Value Fund and International Opportunities Fund will close to new retail investors June 30.
The company invests in mortgage-backed securities that are backed by government-sponsored agencies.
The ETNs are designed to track the short and leveraged performance of base metals and oil.
Martin J. Sullivan, CEO of American International Group, has been ousted from the New York-based insurer.
Infrastructure investing is the new name of the game for the Phoenix Global Utilities Fund (PGUAX), which will become the Phoenix Global Infrastructure Fund, effective Aug. 18.
Performance fees appear to deliver what they promise, at least by a little, according to a study by New York-based research firm Lipper Inc.
“Invest as I say, not as I do,” is the philosophy of many fund managers, according to a study by Morningstar.
