The Vanguard Group yesterday filed with the Securities and Exchange Commission to offer three index funds.
Jackson National Life Insurance Co. today released Jackson AscenderPlus Select, a new fixed index annuity.
The hedge fund industry has joined with Habitat for Humanity of New York to raise money and help working families achieve home ownership.
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.
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.
Combined net assets for variable annuities hit $1.5 trillion during the second quarter, according to a report from NAVA.
Three hedge funds are set to pounce on Northern Rock, the British mortgage lender.
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.
The insurance industry wants Congress to do something about the Byzantine system of state-by-state agent licensing and oversight.
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 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.
It’s the latest chapter in whether insurers can sue participants in a municipal bond transactions for securities fraud.
Goldman's Global Alpha managers sent a letter to investors saying they would keep the fund open.
The regulator is probing for relationships between managers, employees, family members and public companies.
NovaStar, the troubled residential lender, will give up its status as a real estate investment trust.
Marsh & McLennan Cos. stock slipped after Brian M. Storms stepped down as CEO of Marsh Inc. on Friday.
Agustin “Gus” J. Fleites is now the president of IndexIQ Advisors, a new asset management subsidiary of IndexIQ.
Recent recalls of Chinese products, including poisonous pet food and toys coated in lead paint, are having little effect on red-hot Chinese stocks.
