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Rising Flows for Active U.S. Stock Funds

by Editorial Staff

Wed, May 19, 2010

Target-date funds continued to gather assets, with inflows of $20.5 billion in 2010 through April.

Regulate Ratings Agencies More or Less?

by Editorial Staff

Wed, May 19, 2010

Sen. Al Franken (D-MN), the former "Saturday Night Live" comedy writer, wants an independent panel to assign Wall Street deals to rating companies.

Fidelity Launches Corporate Bond Fund

by Editorial Staff

Wed, May 19, 2010

The fund will track the Barclays Capital U.S. Credit Bond Index, a value-weighted index of investment-grade, corporate fixed-rate issues with maturities of one year or more.

First Quarter Index Annuity Sales Down 3.9%: AnnuitySpecs

by Editorial Staff

Wed, May 19, 2010

In the first quarter, Allianz Life again led all issuers with a 20% market share. Its MasterDex X was the top selling product for the fourth consecutive quarter.

Nervous Americans Not Flocking to Annuities

by Editorial Staff

Wed, May 19, 2010

Total annuity sales for the first quarter were $47.4 billion, down 6.9% from $50.9 billion in the previous quarter, and down 27%, from $64.4 billion in the first quarter of 2009.