Touchstone Investments is looking to adopt funds to fill out its product lineup.
There's plenty of money-making opportunities right here in the USA, despite the sluggish economy, according to some industry observers.
The love affair financial advisers have enjoyed with American Funds has cooled.
In whatever way Congress and the Obama administration eventually change the national health care system, there is one segment of the health care market where reform has already begun and is gaining momentum.
There have already been more than three times the number of target date fund liquidations so far this year than there were in all of 2008. Moreover, experts predict that trend to increase as smaller fund managers are finding it nearly impossible to gain traction in the market.
With the economy in recovery mode, Tim Palmer, a senior portfolio manager with First American Funds, has zeroed in on the financial sector's high-grade bonds.
A German man who founded the hedge fund group K1 was arrested by police amid an investigation into possible fraud that may total some euro200 million ($295.7 million), prosecutors said Thursday.
ING is looking to sell its $92.4 billion global real estate business and BlackRock Inc. has emerged as one of the potential buyers, according to industry sources
The U.S. House Financial Services Committee has voted to regulate for the first time hedge funds and other large pools of capital.
Just weeks after launching its first commodities exchange-traded fund, a unit of Jefferies & Co. Inc. today launched two similar ETFs: one focused on agriculture and another on industrial metals.
The tiny Philadelphia Fund (PHILX), which traces its roots to 1923 and is one of the oldest mutual funds, will be merged out of existence next month.
New opportunities for insurers and asset managers are on the horizon as they seek a way to put a guaranteed wrapper around target date funds, according to an insurance company executive.
Mutual funds would be subject to tougher disclosure rules than other financial products if legislation currently being debated in Congress is passed.
Real estate money managers are seeing the equity in their property investments begin to dissolve.
Although the financial services industry has seen a bit of a recovery, the market for financial advisers may still experience a contraction, according to an AlixPartners LLP survey.
Fidelity Investments, jumping on growing demand from investors for higher returns and diversification through international stock trading, is making it easier for independent advisers, brokers and direct retail investors to access overseas markets in U.S. dollars or local currencies.
John Hancock Funds LLC is aiming to make an acquisition in the mutual fund industry, but for now, it is continuing its strategy of adopting funds, according to Keith Hartstein, its top executive.
Morgan Stanley has agreed to pay a $90,000 fine to the Financial Industry Regulatory Authority Inc. to settle charges that it traded municipal bonds at unfair prices.
While market watchers are delighted that the S&P 500 has climbed 62% from its March 9 low — and is up more than 20% for the year — many find the gains difficult to understand or explain.
