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On the heels of the success of its Keeley Small Cap Dividend Value Fund, Keeley Asset Management has launched the Keeley Mid Cap Dividend Fund.
October 5 -
The John Hancock Investor Sentiment Index, based on a survey of 1,005 investors by Matthew Greenwald & Associates, fell to 10 in the third quarter, down from 18 in the second quarter. When John Hancock launched the index in the first quarter of this year, the reading was 22. To participate in the survey, respondents needed household income of at least $75,000 and assets of $100,000.
October 5 -
The Public Company Accounting Oversight Board has issued an alert to make auditors more aware of the risks they face when auditing companies with operations in emerging markets such as China.
October 5 -
The TCW Group has launched the MetWest Unconstrained Bond Fund, a mutual fund with the flexibility to invest across a wide array of global fixed-income sectors.
October 5 -
Touchstone Investments and Old Mutual Asset Management have entered into an agreement whereby Touchstone will acquire the U.S. mutual fund business of Old Mutual, bringing Touchstones assets to nearly $10 billion. The deal will also add several new sub-advisors to Touchstones roster of fund managers.
October 5 -
The Dow Jones Industrial Average rose 153.41 points to 10,808.71. Meanwhile, the Dow Jones U.S. Total Stock Market Index rose 2.69%.
October 4 -
Financial advisors are in huge demand among insurance companies that create the broad array of insured retirement income products. But if product creators want to succeed with that group, they need to get a few ground rules clear, a panel of financial advisors said during the Insured Retirement Institutes annual conference on Tuesday.
October 4 -
Investors appear to have switched gears from focusing on replenishing their balances from 2008’s market downturn to taking all of the responsible steps to prepare for retirement.
October 4 -
The TCW Group has launched the MetWest Unconstrained Bond Fund, a mutual fund with the flexibility to invest across a wide array of global fixed income sectors.
October 4 -
BOSTON -- Top economists who spoke here at the Insured Retirement Institute annual conference told attendees to brace for fundamental paradigm shifts as they wait for global and domestic economies to stabilize.
October 4

