Subject Root Tag

While many investors like the flexibility that the products offer, many still don't understand the product.

Janus Capital has named George S. Batejan as senior vice president, global head of technology and operations, reporting to Janus Chief Executive Officer Dick Weil.

Feeling older and fully realizing they have to get serious about preparing for retirement, investors aged 50 and above are an ideal target for fund companies and their sales intermediaries.

The Boston-based company hopes the new offering will help independent advisors boost their business with ultra-wealthy clients.

And emerging market exchange-traded funds will grow in tandem.

The Internal Revenue Service is kicking off the first round of audits of Build America Bonds and is asking issuers if any potentially related entities, such as pension plans, are buying their BABs, according to issuers and IRS officials.

Some states may face a severe pension fund reckoning, but the problems are manageable if lawmakers act now to address them through a combination of increased contributions and benefit cuts, according to Loop Capital Markets LLC.

Seven banks failed Friday, bringing the total number of failures this year to within one of the number of failures in all of 2009. So far 139 banks have failed in 2010. Friday's failures are expected to cost the deposit insurance fund a collective $478 million.

President Obama's appointment of Elizabeth Warren as the top administration official in charge of setting up the Consumer Financial Protection Bureau avoided a probable Senate confirmation battle but continues to raise doubts about her authority.

The ETF business is exploding with more providers entering the space and more interest from advisors and investors than ever before. Many advisors are becoming more sophisticated in their use of ETFs. However with rapid development comes confusion. The ETF 360 Summit on Oct. 21 in New York City helped advisors sort through the clutter and confusion, teaching them to identify the buying opportunities to get the best results for their clients.

The Women Advisors Forum opens Monday with food for this thought: That gender equality is the basis for intelligent investing.

Institutional investment managers may soon have to report to the Securities and Exchange Commission on what say they have on executive pay at the firms they invest in.

FINRA selected J. Bradley Bennett as its new enforcement chief. Bennett, a partner at the law firm Baker Botts in Washington, will start the job on Jan. 1, taking over from James Shorris, who has been acting chief of enforcement since Susan Merrill left the organization in March.

Business owners are not planning to hire and most advisers are not expecting the economy to recover next year.

Making the switch to state supervision is the hardest part. After that, monitoring is comparatively light.

He will take over from James Shorris, who has been acting chief of enforcement since Susan Merrill left the organization in March.

UBS named Philip Lofts as CEO of UBS Group Americas, and Maureen Miskovic as group chief risk officer.

The 1,000-advisor firm is targeting $300,000-plus independent advisors, $1 million teams and $500,000 to $5 million firms.

If a client’s spouse has been diagnosed with cancer, how does everything change? How do you talk to the client, the spouse and perhaps other family members?

It isn’t every day that you get your opinion validated by the likes of Jeremy Siegel, the “Wharton wizard,” market commentator and senior investment strategy advisor for Wisdomtree ETFs. Siegel delivered a very bullish talk at Sourcemedia’s ETF 360 conference in New York.