Investments

Curian Capital has rolled out two alternative-focused strategies for separately managed accounts.

For roughly 40 years, the SEC has clashed in a "regulatory tug-of-war" with Congress over regulation of borrowers of conduit bonds, which historically have higher default rates than traditional munis, said Paul Maco, a lawyer at Bracewell & Giuliani LLP.

In a new survey, the CFP Board revealed just how pervasive the financial abuse of seniors has come to be. At the same time, the board is seeking new standards to help seniors - and all consumers - better understand which self-described financial advisors are truly out to serve their best interests.

The Dow Jones Industrial Average shed 68.06 points Tuesday to close at 13,203.58 while the Nasdaq and S&P 500 lost 8.95 points and 4.96 points, respectively.

Curian Capital has rolled out two alternative-focused strategies for separate accounts.

The measure of success for Christopher Donahue's defense? That the SEC so far this year has not sought a showdown on reform.

With the departure of Peter Ehret, formerly a senior money manager at Invesco, the firm announced a number of changes to its portfolio manager lineup.

Hatteras Funds has promoted Robert Murphy chief investment officer of the Hatteras Alternative Mutual Funds.

Index funds are “just slightly underperforming” their benchmarks because of their small expenses, according to a Lipper report.

Columbia Management is planning to further expand into the actively managed ETF space with 17 new ETFs.

Russell Investments is planning to close its family of 25 passively managed ETFs. The firm will continue to operate the Russell Equity ETF.

The tax-exempt market ended on a steady tone Monday as market participant waited for primary issuance to provide direction.

The Dow Jones Industrial Average shaved off 3.56 points Monday to close at 13,271.64 while the Nasdaq and S&P 500 trimmed 0.38 points and 0.03 points, respectively.

Russell Investments is planning to close its family of 25 passively managed ETFs. Russell will continue to operate the Russell Equity ETF.

Annuity sales in the second quarter of 2012 totaled $57 billion, down 8% from the year-ago quarter, according to LIMRA.

Nasdaq OMX Group said it plans to launch 150,000 indexes by the end of next year. The firm will raise redefine 'real-time" to feature tick by tick updating of index values

Incapital, an underwriter of fixed income securities and financial products, has launched Incapital Canada.

Year-to-date, total annuity sales declined eight percent compared to the first half of 2011, reaching $57.0 billion, according to LIMRA.

UBS AG is starting a unit aimed at quantitative hedge funds that combines prime brokerage and services from its direct execution trading business.

Columbia Management is planning to further expand into the actively managed ETF space with 17 new ETFs.