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In lockstep with a broadened direction by insurance firms to strip off the complex bells-and-whistles riders and bonuses of the recent past and to issue packaged retirement income solutions-and meet the demands of the new buzzword: decumulation-the other publication I edit, Annuity Market News just relaunched on Friday as Retirement Income Reporter.
February 4 -
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The Baby Boomer generation is once again taking credit for saving the economy, according to Reuters.
February 4 -
MIAMI-Unified managed accounts (UMAs) continue to grow at the expense of legacy separately managed accounts (SMAs), according to a presentation at the National Investment Company Service Association's "7th Annual Managed Accounts Technology and Operations Conference" here last week, at the Doral Golf Resort and Spa.
February 4 -
Asset managers afraid to leave the safety of the herd are missing out on crucial opportunities for growth in international and emerging markets.
February 4 -
A wide range of small businesses in the U.S. are beginning to take advantage of weak U.S. dollars exchange rate to market their products to Europe and Latin America. We are hearing about the credit crisis every day, but we are not hearing enough about how the weak dollar is a good thing for business, Raphael Amit, a professor of entrepreneurship at the Wharton School at the University of Pennsylvania, told The New York Times. It is one of the things that will help prevent a recession. When the dollar is weak, imports are more expensive. So relatively speaking, domestic production and services are more competitive. Simple as that.
February 1 -
The Baby Boomer generation is once again taking credit for saving the economy, according to Reuters. The enormous spending power of the 76 million citizens born between 1946 and 1964 has helped keep the last two consumer-led recessions short and shallow.
February 1 - Money Management Executive
TrimTabs is forecasting January as another down month for stock funds, while predicting that bond funds will show a slight uptick in incoming funds.
February 1 -
Bonds are beginning to replace equities in pension funds in the United Kingdom, according to The Financial Times.
February 1 - Money Management Executive
Investors reversed November's outflow in December, putting $1.29 billion of new money into stock funds, according to the Investment Company Institute. In November, stock funds gave up $9.94 billion as markets looked shaky in the wake of the credit crunch and a mixed economic picture.
February 1