Thu, Jun 16, 2011
U.S. stock funds recorded their first significant outflows of the year, as the asset class lost $4.5 billion in May.
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Thu, Jun 16, 2011
“The campaign is meant to reinforce the thinking validated by academics, that income annuities are a valuable asset class for retirement portfolios," said Steve Fisher, chief marketing officer for Retirement Income Security at New York Life.
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Thu, Jun 16, 2011
In its 5-4 decision on Janus Capital Group, Inc. v. First Derivatives Traders, a lawsuit first filed in 2003, the high court held that liability for allegedly misleading statements in Janus' mutual fund prospectuses did not extend to the funds' investment advisers.
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Thu, Jun 16, 2011
Brief and late-breaking items from Vanguard, the MetLife Mature Marketing Institute, Lincoln Financial Group and eRollover.
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