Guaranteed Income Shifts as Insurers Enter Mutual Funds
John Hancock and New England Mutual begin offering mutual funds as inflation prompts buyers to seek growth rather than fixed returns. The move blends life insurance guarantees with equity exposure, aiming to serve customers’ needs while insurers build or buy funds. Analysts predict bullish price shifts and potential stock shortages as insurers invest heavily in blue chips.
MENTIONED IN THIS ARTICLE
John Cunliff
NEW York
John Hancock and
New England Mutual
America
Ia Life
Honolulu council approves center while saving Laie store
The Honolulu City Council backed a 325 acre shopping center zoning but spared the Laie store for now as a community service. Zion Securities, linked to the LDS Church, owns the land and plans to level the store for residential development amid protests from local Samoan residents led by Charles K Goo who has run the store for 12 years offering credit and loans.
MENTIONED IN THIS ARTICLE
Honolulu
Laie
Zion Securities
Church of Jesus: Christ of Latter-day Saints
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George Walmsley
M.D
Ist National
George
Baytown
Texas Avenue
F.C
Alamn B. Shepard, JR
Granville
Lee Brasfield
Versaillia
KODEL
LYCRA
Ou Pont Corp
Kmart
N. Pruett
Our