Bringing to market actively managed exchange traded funds has proved to be an elusive goal, but at least six managers think that they have the secret formula to make these vehicles work.
Renewed government confidence in privatization and a robust secondary market could create new homes for committed capital waiting to be invested in infrastructure, according to a study by Ernst & Young LLP.
Sun Life Retirement Services has named Jed Collins as its new president, succeeding Claud Accum.
The U.S. Supreme Court will take up a case that could affect state taxes on municipal bonds, published reports said.
E-M Management Investments is at the center of a series of collapsed private partnerships.
Michel Flamee has been re-elected chair of the International Association of Insurance Supervisors executive committee.
Merrill Lynch has launched an independent broker-neutral platform for its prime brokerage clients in the hedge fund industry.
The dollar edged up from its near-record low against the euro, while crude oil traded past the $90 mark on NYMEX for the first time.
The system will help life insurance companies get certifications of supervision of annuity suitability.