- Money Management Executive
To keep up with competitors, the Vanguard Group announced Tuesday that it has reduced commissions associated with its exchange-traded funds and stock trades.
May 4 -
Morningstar Inc. has completed its $42 million acquisition of Realpoint LLC, a Nationally Recognized Statistical Ratings Organization (NRSRO) that specializes in structured finance.
May 4 -
Connecticut Attorney General Richard Blumenthal recently filed suit against a bank and local money manager who served as custodians for two feeder funds that invested with convicted Ponzi-schemer Bernie Madoff.
May 4 - Money Management Executive
GE Asset Management (GEAM) has dived into the commodities arena with its first product for institutional investors in the space, the GE Active Commodities strategy.
May 4 -
Dow Jones has added four new indexes to its growing family of required business performance (RBP) indexes. The new indexes are designed to measure the likelihood that companies can deliver the performance required to support their current stock prices.
May 3 -
It used to be that dividend-paying stocks and stock funds were seen as fit only for orphans and widows. But following the market volatility of 2008 and the current uncertainty of the low-yielding bond market, investing in companies that pay dividends is now seen as a prudent choice.
May 3 -
Connecticut's financial hub is struggling to rebound in the wake of the recession, but planners hope the area's relatively low real estate rates and high vacancies could attract jobs back to the area.
May 3 -
Overall sales of annuities though bank holding companies were up slightly at $2.62 billion in 2009, according to the latest Michael White-American Bankers Insurance Association Bank Annuity Fee Income Report. The results, however, were skewed somewhat by BHC-in-name-only Morgan Stanley.
May 3 -
Women are living longer, but that doesn’t necessarily mean they are prepared for the risks of longevity.
May 3 -
Two veterans of the hedge fund world are touting a product they say lets advisers focus less on investment decision-making and more on business development and client service.
May 3