Investment VIPs
What top-performing investment strategists and portfolio managers are thinking about the latest market trends and how to build high-performing portfolios.
MWA: Small Bank Annuity Sales Drop
By Staff WriterCommissions from annuities sold in community banks fell to about $28 million in the first quarter, down 14% from the total recorded in the first quarter of 2009.
August 09, 2010
Mercer Launches New Research Series on Equity and Bond MarketsTwo new series of "Perspectives" have been launched by consulting firm Mercer, one issued by its equity boutique and the other by its bond boutique.
August 05, 2010
General Dynamics Announces Settlement of 401(k) Fiduciary LawsuitGeneral Dynamics and its 401(k) plan sponsor have reached a tentative settlement of a lawsuit filed by current and former employees in a class action involving the fees and management of two General Dynamics 401(k) plans.
August 03, 2010
AllianceBernstein Ex-CIO to Oversee New York City's Pension SystemAn investment management veteran and former chief investment officer for money management giant AllianceBernstein, Ranji Nagaswami, will fill a new, senior post in New York City's vast pension and retirement system as chief investment advisor.
August 03, 2010
New York City Gets Chief Investment AdvisorAllianceBernstein's Former CIO will lead vast public pension system.
August 02, 2010
AllianceBernstein Announces Disappointing Q2 Earnings on Global Stock Market WeaknessAllianceBernstein reported disappointing second-quarter earnings due to global stock market weakness, with net income at $0.31 per unit versus $0.41 a year ago. Analyst consensus was for earnings of $0.41.
August 01, 2010
The Final Word: The Near Occasions of Sin"You tell me how people get paid, and I'll tell you how people will behave." The speaker was Bob Reynolds, who has reinvented Putnam Investments...
August 01, 2010
The Affluentialist: The Case of the Wealthy Celebrities and the Missing FundsBack in April, actress Uma Thurman played the heroine in a thriller where a devious financial advisor misappropriated $60 million from clients. In this case,...