In August, Morningstar manager research analysts affirmed the Morningstar Analyst Ratings of 95 funds and two target-date series, upgraded the ratings of eight funds, downgraded the ratings of seven funds, and assigned new ratings to 48 funds. Below.
Investors who sued Prudential Retirement Insurance & Annuity Co. over undisclosed profits from guaranteed investment products can't litigate as a certified class ( Wood v. Prudential Ret. Ins. & Annuity Co. , 2017 BL 273021, D. Conn., No. 3:15-cv-1785.
U.S. equity futures fell, trimming last week’s advance ... “The more you hear these kinds of threats the more you get the anxiety,” said Bruce McCain, chief investment strategist at Key Private Bank in Cleveland, who helps oversee $35 billion.
quot;You want to be less sensitive to U.S. rates, but you still want to diversify and you still want to play the EM catch-up growth story," Jean-Dominique Butikofer, head of emerging markets for fixed income at Voya Investment Management told Bloomberg.
In December, the DOL issued subpoenas to 3M and 3M Investment Management Corp. relating to this investigation, the company said. 3M has also produced additional “responsive documents and is cooperating with the DOL in its investigation,” the company .
ASX futures up 16 points or 0.3 per cent ... an economist at ABN Amro in Amsterdam, told Bloomberg. In a refreshed set of outlooks, the ECB revised slightly higher its 2017 economic growth forecast to 2.2 per cent. It still sees growth easing to 1.8.
Retirement plan sponsors, including Anthem Inc., Chevron Corp., and Insperity Inc., have been sued—unsuccessfully—for failing to include stable value funds in their investment lineups. Other lawsuits have targeted the companies that offer and manage  .
In a matter of only a few hours, foreign-exchange traders went from talking about how the worst may be over for the dollar to talking about how the worst may be yet to come. America's currency was looking like it was starting to gain some traction this.
The evidence showed that Mechanics Bank changed its position in relation to Buster's benefits right around the time it sought to sell a majority interest to private equity firm Ford Financial Fund II LP. The bank's position that it offered Buster $1.
Kandarian last year won a court case overturning a regulatory panel's designation of his company as a systemically important financial institution, a tag that can bring tighter capital standards. He's seeking to defeat the government's appeal while.
Bloomberg ... The remarks by Commodity Futures Trading Commission Chairman J. Christopher Giancarlo come as EU officials consider changing the framework of the agreement because of Brexit. U.S. regulations enacted after the financial crisis will likely.
11 In today’s environment, cost structure is a critical consideration in evaluating any and all investment vehicles Projected operating expenses, net of MTGE management fee income ... Source: Bloomberg. 4) Reflects a quarterly average of month-end.
Bloomberg) -- Financial markets are once again showing a short-lived ... While South Korea’s Kospi index and U.S. stock futures dropped, equities in Tokyo traded sideways, showing a muted broader market reaction to the latest North Korean provocation.
NEW YORK, March 27, 2017 /PRNewswire/ -- Voya Investment Management , the asset management business of Voya Financial, Inc. (VOYA), announced today that Charlie Shaffer has joined the firm as a managing director and head of Institutional .