Security Benefit Adds 9 Funds to Variable Annuities: Portfolio Products
Also, Turner Investments acquires Elkhorn Capital Group and plans new products.
Wall Street, Not Waiting on Mnuchin, Readies Debt-Limit War Room
SIFMA hopes to do what it can to maintain stability.
BlackRock Finds $5 Trillion Industry Now Riskier Than in 2008
The money manager fears life insurers may be taking too much alternative asset risk.
Website Simplifies the Hunt for Mutual Fund Fact Sheets
Most advisors spend several dreary hours a week searching for fund fact sheets. RoboWholesaler helps streamline the process.
Why Gold Is Trouncing Stocks This Year
Gold prices have surged $100 an ounce over the past seven weeks, closing Friday at their highest price in almost three months.
Active Funds Are Performing Better — for Now
Morningstar's Active/Passive Barometer shows better performance by active funds this year but not long term.
Yellen Defends Financial Regs That Trump Opposes
Her speech at Jackson Hole seemed directed at Trump, who will decide whether to reappoint or replace her.
Ratings Agencies Warn About Failure to Raise Debt Ceiling
Fitch Ratings says it will review the U.S. credit rating if the government has to prioritize debt service payments.
Treasury Bill Rates Surging as Debt-Ceiling Deadline Approaches
Rates jumped after Trump threatened a government shutdown to get Congress to pay for Mexican border wall.
U.S. Is Said to Weigh New Venezuela Sanctions That May Hit Bonds
Some say a ban on trading bonds issued by Venezuela's state oil company could hurt U.S. financial institutions.