California has backed away from a controversial proposal to regulate hedge funds under strong opposition from its hedge fund industry.
Bank-owned life insurance hit $120.4 billion in assets in 2007, up 15.9% from the previous year, according to Michael White Associates LLC.
Although U.S. investors have poured billions into international stock investments in recent years, most have overlooked international small- and mid-cap stocks.
The market may be drifting, but many of America's 60 million Roman Catholics are sure of the investment path they have chosen: mutual funds guided by Catholic ethical and moral principles.
As fund companies experiment with retirement income solutions, financial advisers and investors are worried about products that are designed to leave participants with a zero balance.
The use of alternative hedge-fund-like strategies within mutual funds was a hot topic of discussion last week at the Investment Company Institute's 50th annual general membership meeting in Washington.
As the weather heats up in May, so does the competition among insurance carriers that are releasing new features for their variable annuities.
Micro-cap stocks are beaten down to the point where the mutual funds that invest in them are starting to see new opportunities.
Amid concerns about rising energy costs, Firsthand Capital Management Inc. is widening its focus on technology to include alternative energy.
One of American International Group Inc.’s units is considering splitting from the insurer, The Wall Street Journal reported.
Advisers may see increasing numbers of mutual fund products that include alternative-investment strategies.
Oklahoma and Connecticut have passed bills to discourage stranger-originated life insurance practices.
AIG reported a net loss of $7.81 billion, or $3.09 per diluted share, for the first quarter of the year.
Regulators discovered lapses in the company’s long-term-care insurance claims and complaints processing.
Hedge funds gained ground in April, rebounding from a rough March, according to industry indicators.
Regulators discovered lapses in the company’s long-term-care insurance claims and complaints processing.
Banks that sold insurance were more profitable than those that didn’t in 2007, according to Bank Insurance Market Research.
The mutual fund will hold between 100 and 200 securities and track the MSCI EAFE index.
Target date mutual funds, long criticized for being too conservative to meet their goals, are now being taken to task for taking on too much risk.
The mutual fund industry is facing waves of baby boomers who will retire and a volatile market that has scared many investors, but nothing has the potential to affect the industry more than a Securities and Exchange Commission review under way of Rule 12(b)-1.
