While many of the 45.8 million people born between 1965 and 1975 would like help with investing, the 32- to 42-year-old members of so-called Generation X probably won't be receiving much attention from financial firms anytime soon.
Extending the practice of fair-value pricing to indexes is being proposed to create better benchmarks, but some index providers aren't buying that idea.
Financial advisers lack interest in new retirement income products, with many reporting that the products are too complicated and costly, according to observers.
As early as next year, retirees may see a new hybrid investment product that blends mutual funds with insurance guarantees, possibly signifying an alliance between the two industries.
Last year, returns at the fund topped 30% after it took over some assets from Amaranth Advisors.
The National Conference of Insurance Legislators has announced a new slate of officers.
Kevin Grant has been chosen as senior vice president of business planning services for Jackson National Life Distributors.
Top funds operated by Fidelity Investments stopped voting against shareholder resolutions that urge disclosure of corporate political spending for the 2007 proxy season, according to a study by a group that advocates for transparency in political spending.
Rydex Investments of Rockville, Md., is hoping that a glitzy new marketing campaign that includes television commercials will help it overcome the head start its chief rival has taken with regard to inverse and leveraged exchange traded funds.
Goldman Sachs is aiming to raise up to $6 billion in an effort to patch up the tattered reputation of its hedge fund business.
Mr. Wood's retirement ends a 13-year career at the Life and Health Insurance Foundation for Education.
He joins chief executive Sy Sternberg and Ted Mathas, chief operating officer on the board.
Although exchange traded funds increasingly provide an inexpensive way for financial advisers to gain access to international markets, analyzing such ETFs is more difficult than analyzing those that stick to domestic securities.
Kensington Investment Group Inc. in Orinda, Calif., makes a strong case for being uniquely suited to manage the first open-end mutual fund focused on the development and reinforcement of a worldwide infrastructure.
With three mutual fund giants well on their way to capturing nearly 40% of all U.S. fund assets, thousands of smaller fund companies are left competing for the rest, and some even contemplate exiting the business.
Fund boards have adopted governance practices that are thought to serve the best interests of shareholders "in advance, or in the absence, of any regulatory mandate to do so," according to a new study from Independent Directors Council.
Children don't always grow up to be the responsible types we hope for. My client Anne is divorced, with a traditional individual retirement account valued at $1 million.
Money market funds usually are as boring as it gets in the investment business.
The October loss stems from a pair of credit default swaps written by the firm’s Credit Solutions unit.
Doug Mishkin, president and chief executive officer of Algren Associates, will head up the executive board as chairman.
