Portfolio

Goldman, Sachs & Co. was founded in 1869 but only this week will the firm begin targeting the mainstream retail-buyer base for municipal bonds.

Investors continue to take money out of stock mutual funds, with outflows nearly doubling in each of the past two weeks.

Allianz survey demonstrates the need to dispel myths and educate on such annuity innovations as access to the market upside.

Hedge fund performance declined last month, but continued to outperform broader stock markets.

Vanguard Annuity Access is designed for individuals seeking a guaranteed stream of income in retirement to augment their retirement savings and Social Security benefits.

Global volume in derivatives, however, is up 8.4%.

The Securities and Exchange Commission will kick off its much-awaited series of hearings on the municipal market this month, holding the first on Tuesday, Sept. 21, in San Francisco.

Ridgemont Equity Partners, a Charlotte financial sponsor, has been an active buyer this summer of companies worth $10 million to $100 million, and it has plenty of company.

The 10-minute, quick-hit survey rates asset management companies on how well prepared they are to introduce new products and enter new geographical markets.

The credit rating agency is seeking input from market participants on a new five-point rating scale that indicates how the funds might perform during market duress.