New Kids on the Blocks

What happens when Wall Street dealmakers who are in business to make a killing enter the life insurance industry, where people are traditionally in business to make a living?

Wells Fargo’s New Annuity Wagon

Wells Fargo Asset Management's new target-date series of CITs comes with a built-in, optional retirement income strategy: systematic withdrawals plus an annuity starting at age 85.
Featured

The Fiscal Cliff Has Been Avoided, But at What Cost?

Taxes will go up in 2013 relative to 2012—not only on high-income households, as widely discussed, but also on every working man and woman in the country, via the end of the payroll tax cut, says this Brookings Institution expert.

Private Equity Confidential

What are insurance people saying privately about private equity’s invasion of the life industry? Five people who are close to the recent acquisitions spoke to RIJ on the condition of anonymity.
News

OMAM divests five affiliates

The five affiliate asset managers are 2100 Xenon Group, 300 North Capital, Analytic Investors, Ashfield Capital Partners and Larch Lane Advisors.