American International Group Inc.'s third quarter net income dropped to $3.09 billion or $1.19 per share.
ProShare Advisors launched two short exchange traded funds that are designed to generate inverse performance compared to the markets in China and Japan.
Elizabeth A. Ward will handle all elements of strategic risk management and have oversight across MassMutual’s companies.
The funds include an international style-consistent growth fund and an asset allocation fund.
Rydex Investments has launched six ExpressShares exchange traded funds on the American Stock Exchange today, bringing the size of its ETF family to 30.
Fireman’s Fund, a member of Allianz Group, has launched the first green homeowners’ insurance policy upgrade.
Emerging markets took the lion’s share of the new money, as investors poured in $11.4 billion – 61% of the total.
A new rule governing broker-dealers' sales of deferred variable annuities is about to drop, and the firms are arming themselves to face it — but not without a little grumbling.
Issuance of U.S. investment grade bonds is expected to reach $100 billion this month, according to Dealogic.
Ms. Slevin, a 30-year veteran of the company, will direct more than 1,300 tech professionals in six U.S. locations.
The Supreme Court will hear arguments today in a case that could affect the way states tax other states’ bonds.
The collapse of some hedge funds may be turning into the next cause celebre for plaintiff's attorneys who file arbitration claims on behalf of investors looking to recoup losses.
Mutual fund investors will learn the hard way at the end of this year that you can never keep the tax man away for long.
In a move criticized by some industry experts, ProShare Advisors LLC plans to introduce 48 exchange traded funds that use leverage to provide short or magnified exposure to commodities and currencies.
A Massachusetts investment advisory firm has launched a series of indexes based on actively managed mutual funds.
Federal commodities regulators want new powers to police energy derivative trades of the sort that contributed to the collapse of Greenwich, Conn.-based Amaranth Advisors LLC last year.
While many financial advisers continue to criticize and shun equity index annuities, insurance companies that sell the product are trying to improve its tarnished image by focusing on education.
Mutual funds that charge redemption fees will not qualify as default investments under the Department of Labor's recently announced final rules.
A Securities and Exchange Commission proposal to modernize regulation of private securities offerings has generated concerns from state regulators and some industry interests that it would blur the line between public and private deals.
