20 Best & Worst Fund Families of 2013
The top performer saw $75 billion pour in last year, while the weakest performer had more than $30 billion in outflows.
Following a Trend, John Hancock Retreating From Annuity Business
Firm will discontinue a number of VAs, market-value-adjusted annuities and an immediate annuity, blaming 'volatile equity markets' and low interest rate environment. Kerry Pechter sees move as continuing a trend.
Chicago-based Nuveen Investments says it is being acquired by a private-equity group led by Madison Dearborn Partners, LLC. As part of the deal, Nuveen stockholders...
Industry Leaders Point to Growth and Challenges
"Why all the confusion about mutual funds?" asks Chip Roame, head of Tiburon Strategic Advisors, who recently hosted the group's CEO Summit XII, April 18-19,...
John Hancock Stages New Ad, Brand Push
John Hancock Financial Services is spending some $30 million this quarter to spread the word to both consumers and advisors that "the future is yours."...
TORONTO (HedgeWorld.com)--A series of disagreements about appropriate disclosure among the various entities working to untangle the collapse of the Portus Alternative Asset Management Inc. hedge fund has thus far held up progress, but several compromises may be in the works. According to a report from KPMG Inc., the court-appointed receiver...