Investment VIPs
What top-performing investment strategists and portfolio managers are thinking about the latest market trends and how to build high-performing portfolios.
DOL Backs Off Controversial Brokerage Window Plan
By Melanie WaddellEBSA backed off on its controversial fiduciary requirements involving brokerage windows under its fee-disclosure rule 408(b)(2) that had the retirement planning community up in arms.
July 26, 2012
Nomura CEO quits as insider trading scandal widens (Reuters)Watanabe's replacement said he would map out a new global strategy, but would continue Watanabes ambition of being an Asia-based global investment bank.
July 25, 2012
Former Citigroup CEO Weill says banks should be broken up (Bloomberg)The Glass-Steagall Act was repealed under President Clintonof which Sanford "Sandy" Weill was largely responsible for in order to get the Travelers Group, Citicorp merger to happen.
July 24, 2012
GSAM Global Survey: More than Half of Insurers Say Equity Market Volatility Will RiseAccording to the survey, 51% of respondents expect equity market volatility to increase in the next 12 months. This compares with 45% who say that volatility will remain the same and 5% who expect a decrease in volatility.
July 24, 2012
GSAM Global Survey: More than Half of Insurers Say Equity Market Volatility Will RiseAccording to the survey, 51% of respondents expect equity market volatility to increase in the next 12 months. This compares with 45% who say that volatility will remain the same and 5% who expect a decrease in volatility.
July 18, 2012
LTCI Carrier Reports 2011 ResultsMedAmerica increased sales 14% and posted a net profit despite low interest rates.
July 18, 2012
LTCI Carrier Reports 2011 ResultsMedAmerica increased sales 14% and posted a net profit despite low interest rates.
July 17, 2012
AIG to See $2.1B over Initial Maiden Lane IIIAmerican International Group will gain approximately $2.1 billion over its initial $5 billion investment in Maiden Lane III when the Federal Reserve Board of New York completes its sale of securities held in the facility.