Tuesday, April 07, 2009
Laggards Get the Boot
Worried about performance guarantees, variable-annuity issuers start to ditch stock funds that trail the market
Small investors aren't the only ones fuming about the poor performance of stock pickers at mutual funds. So is the U.S. life-insurance industry, and it isn't just fuming -- it's boosting the role of index-based investing in the funds it offers to buyers of variable annuities...
WSJ: Laggards Get the Boot
Small investors aren't the only ones fuming about the poor performance of stock pickers at mutual funds. So is the U.S. life-insurance industry, and it isn't just fuming -- it's boosting the role of index-based investing in the funds it offers to buyers of variable annuities...
WSJ: Laggards Get the Boot
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