Displaying 42 results
Heat is on as three fixed-income giants subadvise single small fund
What happens when Jeffrey Gundlach, Michael Hasenstab and Matthew Eagan all team up to subadvise a single fund? We're about to find out.
Genworth’s Joelson steps down from running $75B portfolio
Genworth's chief investment officer Ronald Joelson, who oversees $75 billion in assets, is leaving to join Northwestern Mutual Life Insurance.
Quantuvis CEO to depart; Genworth-owned consultant’s office to close
Roughly four years after Genworth Financial Wealth Management acquired Quantuvis Consulting, the practice management consultant's CEO - Stephanie Bogan - is departing.
Genworth launches advisory firm matchmaking service
New service is a result of demand from Genworth advisers who are looking for help either to sell or expand their practices.
Cetera adds Genworth B-D unit
Cetera Financial Group completed the acquisition of Genworth Financial Investment Services Inc. last Tuesday, bringing in about 1,800…
Long-term care: Cutting back coverage
When a 74-year-old client visited Ellen R. Siegel six years ago with news of an upcoming 12% rate increase on the premium of her long-term-care insurance, the adviser knew she had to navigate the potential benefit cuts with the precision of a surgeon.
Genworth stock worth more on upgrade
Up 13% after Citigroup analyst said insurer can withstand mortgage-related losses
Surprisingly sexy: This sector is being talked up by analysts
Who'd a thunk it? Life insurers, now cash-rich, have rebounded nicely from the financial crisis. But their shares are still cheap compared with those of banks, analysts say.
Insurers getting plenty of mileage out of LTC hybrids
Combination life and long-term care polices are gaining serious traction in the marketplace. One for-instance: Sales for Lincoln National's MoneyGuard are up 62 percent over the past year.
Genworth releases asset allocation offering aimed at tamping down volatility
New product was created with diversification across asset classes — and alternatives — in mind
Genworth bows out of variable annuity business
Genworth Financial Inc.is exiting the variable annuities market.
Other VA players may follow Genworth out door
Genworth Financial Inc.'s decision to leave the variable annuities business could herald more departures by other peripheral players this year.
Abandoning LTC, MetLife sparks worries
MetLife Inc.'s announcement last week that it will stop writing new long-term-care insurance shocked advisers, raising fears that rates will rise for existing blocks of business and that other carriers will exit the industry.
Genworth to hike alternatives offerings with Altegris buy
Genworth Financial announced that it has reached an agreement to acquire alternative-investments platform Altegris Advisors LLC for approximately $35 million.
Genworth adds Eaton Vance portfolios to its platform
Genworth Financial Wealth Management Inc. has appointed Eaton Vance Investment Managers as a portfolio strategist for its client accounts.
Genworth share price tumbles after missing estimates
Genworth Financial Inc., the mortgage guarantor and life insurer, posted the biggest decline in the Standard & Poor's 500 Index after third-quarter profit missed analysts' estimates on costs tied to bad home loans.
Goldman exit leaves NFP in control of Institutional Life Services
The pullout of Goldman Sach leaves NFP in control of Institutional Life Services. So what will they do with it?
Genworth launches another hybrid annuity
Genworth's Total Living Coverage Annuity can also be covered through a tax-free 1035 exchange out of an old annuity or life insurance product.
Genworth’s Tim Knepp: ‘We want to be exposed to defensive consumer sectors’
Investors should take a cautious approach to the equity markets at this point in the stock market rally, according to Tim Knepp, chief investment officer of Genworth Financial Asset Management.
Genworth CIO Tim Knepp: If you’re looking for stability, infrastructure is the answer
Global infrastructure investments could represent an opportunity at this stage of the stock market rally, according to Tim Knepp, chief investment officer of Genworth Financial Asset Management Inc., which has $7 billion under management.
