If a new idea can deliver performance, it will be both the ... more likely to be like Munder Small/Mid Cap 130/30 and RiverSource 130/30 US Equity, two issues from a new genre of ordinary mutual funds taking on hedge-fund-like strategies — and the.
Patrick Bannigan, a former RiverSource executive, has joined American Century Investments as its new chief operating officer. Patrick Bannigan ... He plans to remain in the Kansas City area and will continue his role as an American Century mutual fund.
RiverSource Tax-Exempt Income Series, Inc. - RiverSource Tax-Exempt High Income Fund is an open ended fixed income mutual fund launched and managed ... The fund benchmarks the performance of its portfolio against the Lehman 3- Plus Year Municipal Bond.
NEW YORK--(BUSINESS WIRE)--DWS Investments , the US retail unit of Deutsche Bank's Asset Management division, today announced the appointment of Jeffrey Diamond as a Director, Senior National Account Manager and Head of U.S. Offshore Distribution.
U.S. Senator Elizabeth Warren said 13 major U.S. life insurers had admitted to using incentives such as expensive vacations and gifts, which could encourage agents “to put their own interests ahead of their clients.” The senator had launched an.
Only one firm, MetLife, posted any substantial gains, as market volatility and fixed indexed annuities cut into VA business. Mar 31, 2016 @ 1:43 pm. By Greg Iacurci · Share. + Zoom. Many of the top variable annuity companies saw sales figures drop off.
Mr. Flanagan said his firm's purchase of Van Kampen deepened the focus both brands have on a primary purpose: meeting clients' needs and delivering top investment performance . (The firm's mutual funds have an average five-year Morningstar rating of .
Performance .... Mutual Funds Tax Investors With Capital-Gains Payouts. Nov. 18, 2016 at 2:06 p.m. ET; on The Wall Street .... The Annuities segment provides variable and fixed annuity products of RiverSource Life companies to retail clients. The.
Ameriprise Financial, Inc. (AMP) today reported first quarter 2017 net income of $403 million, up 11 percent compared to a year ago, or $2.52 per diluted share, up 21 percent. Operating earnings were $432 million, up 14 percent compared to a year ago.
This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, .