AIG has replaced Apple as the hedge fund industry’s favorite stock after Apple’s stock slid 20 percent in the fourth quarter of 2011 while AIG – infamous for its government bailout and the near-meltdown that helped to trigger the Great Recession – saw its share price rise by 7.65 last quarter. Hedge funds have reduced their Apple positions by 30 percent while simultaneously buying AIG, seeing it as a cheap restructured entity with lots of potential.
HHS wants drugmakers to put the full list prices of drugs in their ads.
Total annuity sales reached $57.8 billion for the first quarter of 2019, a slight dip from the previous quarter.
Feeling scattered? Consider going narrow. And deep.
Sponsored by Nuveen
The retirement market is evolving. Help your plan sponsor clients understand what’s next in defined contribution with the latest thinking in investments, participant engagement strategies and fiduciary perspectives.
Sponsored by Orion Advisor Services
Constructing tax-efficient SMA strategies used to be an expensive and time-intensive endeavor. Not anymore. Learn how to personalize client portfolios in minutes--and at a fraction of the cost of outsourcing to a third party.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.