Fewer than one third of all financial services firms providing products across five investment categories enjoy positive loyalty ratings among advisers who sell their products, according to a...
Citigroup has suspended redemptions in CSO Partners, a fund specializing in corporate debt, after investors tried to redeem more than 30% of the fund's roughly $500 million in...
Morningstar on Thursday announced it had launched the Morningstar Rating for hedge funds as well as the Morningstar 1000 Hedge Fund Index and 17 indexes based on the...
As plan’s use of target-date, or target-maturity, funds increases, discussions about how best to structure and benchmark these funds have become more frequent.
Final QDIA regulations issued by the Department of Labor in October offer the financial services industry – and every plan sponsor – a once-in-a-generation opportunity to contribute to...
The Iowa Division of Insurance will be the first U.S. state regulator to implement an initiative designed to improve consumer understanding of fixed and indexed annuities.
On Friday the Board of Directors of Dodge&Cox announced that the Dodge&Cox Stock Fund and Dodge&Cox Balanced Fund will reopen to new investors effective Monday, February 4, 2008.
Merrill Lynch&Co. has bought back from the city of Springfield, Massachusetts, collateralized debt obligations (CDOs) that included subprime mortgages.
The combined assets of the nation's exchange-traded funds (ETFs) rose in December by $36.3 billion, or 6.3%, to $608.4 billion, according to the Investment Company Institute (ICI).
The combined assets of the nation's mutual funds decreased by $30.4 billion, or 0.3%, to $12.04 trillion in December, according to the Investment Company Institute (ICI).
Stock and bond mutual funds experienced net inflows of $47.2 billion in December and $376.3 billion for the year, according to data from the Financial Research Corporation (FRC).