It now has a reputation as a terrific, safe earner.
Investors also await a key German court ruling Wednesday. Moody's warns it could lower its rating on the US. The US trade deficit widens. McDonald's comp sales miss expectations.
The bailed-out insurer is in much better shape than before.
Trading volume remains light as investors stay on the sidelines ahead of the Fed's next rate decision, expected later this week.
Weak China data drags on global stocks even as it increases hopes for more stimulus. An eventful week in Europe could provide more hurdles for the eurozone. The government will sell $18B in AIG shares.
In the second quarter, the portfolio manager bought shares of these companies.
The S&P 500 hits a 4-year high and the Dow jumps more than 200 points after the European Central Bank also keeps its key rate unchanged. US jobless claims decline, and private employers hire more workers than expected. The US services sector expands.
The insurer looks to offset low yields from bonds and stocks through investments in higher yielding mortgage loans.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.