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Fund managers are the most bullish they have been on global equities they have been in a decade, with 67% overweight the asset class, according to the February BoA Merrill Lynch Survey of Fund Managers, which surveyed 188 fund managers with total assets of $569 billion under management. This is up from 55% in January and 40% in December.
February 17 -
The platform, which offers products from Axa, Allianz, Lincoln Financial, Prudential and Sun Life, enables discretionary management of variable annuity assets.
February 17 -
Annuities sold through banks hit a rough patch last year, but 2011 looks brighter as interest rates begin to rise and the Dow Jones Industrial Average continues to improve.
February 16 -
UMB Healthcare Services announced it has seen a significant increase in the number of health spending accounts and expects even more in 2011.
February 16 -
Let's get straight to the point: If you think your 17-year-old daughter is taking plastic sandwich bags out of kitchen cabinet to hide a cocaine habit, you're wrong.
February 16 -
The Obama administrations proposal to renew the Build America Bond program may suffer from the same problem it had the first time around, when the federal government didnt think municipalities would use BABs that much.
February 16 -
Just one day after the Municipal Securities Rulemaking Board issued a draft rule on muni advisors fiduciary duties, market participants are questioning the scope of the rule and whether it would apply to dealer-advisers.
February 16 -
A recent study indicates that 49% of consumers share content online at least once a week, with 86% being shared through email. Email sharing even beat out Facebook (49%) and Twitter (4%). By marketing your content via email, you tap into a great opportunity to create valuable content that your recipients will want to share. Our new technology blogger, T.J. Gilsenan examine how.
February 16 -
MIAMI -- There is of course no event going on in America from January 14 through 16 than the 29th annual National Investment Company Service Association Conference & Expo.
February 15 -
It used to be that a mutual fund was a pretty easy product to launch. Line up a set up securities. Buy. Hold. Mix occasionally. Now, managing products such as target-date funds present serious operational challenges, the CEO of J.P. Morgan Asset Management Americas said
February 15


