Portfolio

Between women living longer and financial crisis, they are concerned more than ever about not having enough money to last throughout their lifetimes. As a result, more women are buying income annuities to ensure they have sufficient retirement income.

More women are buying income annuities to ensure they have sufficient retirement income.

The Denver-based investment management saw profits and assets under management increase as trading continued to recover from the depths of the recession a year earlier.

Brookby, Gao now spearheading the New Opportunities, Vista and Small Cap Growth funds.

Brokers voice concerns at Mutual Fund Directors Forum.

The Justice Department is seeking to intervene and temporarily halt fact-finding by a group of localities in their class action suit against Wells Fargo & Co. and 15 other banks, broker-dealers and investment brokers for allegedly conspiring to rig bids and fix prices of investment and derivatives contracts in the municipal market.

The New York PE firm, in a filing, disclosed that it raised $491 million of a revised $1.3 billion target

WASHINGTON – The Securities and Exchange Commission’s proposed large trader reporting system would seriously hinder large floor traders and brokerages, according to industry executives.

Putnam President and CEO Robert L. Reynolds has replaced the managers of three funds to further bolster investment performance.

WASHINGTON — The Senate Agriculture Committee has voted 13 to 8, mostly along party lines, to approve a bill to regulate over-the-counter derivatives. The bill would impose a fiduciary duty on dealers who pitch, advise or enter into swaps with localities, endowment funds, or pension funds.