"I would say, by any common-sense definition, we are in a recession," said Warren Buffett, CEO of Berkshire Hathaway.
The firm's life settlements units have received provider licenses in 22 states and have filed applications with five others.
Using life insurance to fund college costs has become less popular since the introduction of Section 529 plans, but some financial advisers and carriers insist the strategy still works for some middle-income clients.
Registered investment advisers just might be the next big ticket for the insurance industry.
The investment community appears to be catching on to the idea behind the Rydex Managed Futures Strategy (RYMFX), a first-of-its-kind registered mutual fund that provides synthetic exposure to the futures markets.
Dodge & Cox's intention to launch a global-stock fund in April or May has observers trying to read the tea leaves.
Despite the historical success of using a combination of stocks and bonds to provide downside and upside protection, investors continue to search for new investment vehicles that purport to offer improved methods of limiting investment losses.
Exchange traded funds that are based on fundamental indexes have ballooned in number, but they are having a hard time attracting assets.
Mutual fund companies are arming their wholesalers with new tools to help financial advisers manage client anxiety about the roller-coaster markets and unsettling financial news.
