Portfolio

The unit investment trust has quietly blossomed into the dominant investing vehicle for Build America Bonds — the taxable municipal debt created under last year’s stimulus legislation.

Retirement plan participants are calming down, according to a Mass Mutual analysis of its plans.

The Securities and Exchange Commission Thursday announced that it has adopted a temporary rule requiring municipal advisers to register with it by Oct. 1 in order to comply with the recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act.

Fixed annuities, which experienced a sales boom last year in banks, stem the bleeding, while variable annuities finally start trending upward, Kehrer-Limra says.

An 11.4% decline in the S&P 500 Index fails to deter group plan participants’ long-term plans.

SEC reprieve for money funds that would require them to approve of the credit rating agencies they must use to determine whether a security is eligible for investment.

If there’s a day of reckoning on the horizon for municipal closed-end funds, the market hasn’t spotted it as investors continue to fork over a premium for the trusts.

Issuers priced $23 billion in junk bonds in August, the seventh largest monthly U.S. high yield volume on record, according to Dealogic.

The operator of a pan-European data network has deployed high-speed optical networking gear, to achieve trip times of 4.22 thousandths of a second between London and Frankfurt and 2.65 milliseconds between Paris and Brussels.

The independent wealth manager’s move marks another step in its aggressive growth strategy.