Jackson National Life reported today a 14% earnings increase and $4.1 billion in revenue for 2007.
Carlyle group's David Rubenstein looks to help investors that suffered losses.
The size of the exchange traded fund market shrunk by $12.9 billion in February, falling to $557 billion in assets.
The New York-based hedge fund manager’s new public entity will be called has $11.5 billion in assets under management.
The Greenwich Global Hedge Fund Index rebounded in February, jumping 2.21% after January’s drop of 2.79%.
CFIG, a privately held European insurer, was downgraded today to A+ from its former AAA rating by Standards and Poor's.
The Fed announced it would lend $200 billion of Treasury securities to bond dealers, causing a stock market spike.
Estimated sales of book value annuities totaled $6.9 billion, while sales of indexed annuities totaled $6.3 billion.
Charles Schwab is the most recent mutual fund company to introduce a lineup of funds designed to generate a targeted annual payout for retirees.
Despite a sinking stock market, investment research firm Morningstar Inc. is mapping plans to increase its product lineup in 2008.
The stock market downdraft may soon ignite consolidation among small mutual fund companies.
While mutual fund companies and brokers are enthusiastic about a proposal to simplify fund prospectuses, they object to the idea of filing quarterly performance and holding updates, according to comments filed late last month with the SEC.
Financial advisers are glad to see that competition is heating up in the nascent exchange traded note market.
Industry observers are cheering the news that the hugely popular American Funds group stood up to regulators — and won.
The recent push by the Financial Industry Regulatory Authority Inc. to return money to harmed mutual fund investors was part of what should be a never-ending effort by the financial services industry to find ways to maintain consumer faith in the marketplace.
Investors have gotten used to associating the Asian equity markets with growth, but dividends are often an overlooked and potentially rewarding opportunity.
the Bear Stearns Current Yield Fund (YYY) will begin trading on the American Stock Exchange on March 18.
Blackstone Group today announced fourth-quarter losses of $170 million, compared with a profit of $1.18 billion one year earlier.
The move is intended to simplify the mutual company's ownership structure, according to the firm.
