INVESTING Investors Not Flocking to New Retirement Income Products > March 12, 2010 -- Despite a proliferation of retirement income products and financial services firms’ best efforts to capture the retirement income market, no single leader has emerged in this space, according to Cogent Research’s In-Retirement Income 2010 report. PRODUCTS Nautical Capital Management Introduces Commodity-Based Funds > March 12, 2010 -- Nautical Capital Management LLC has launched its commodity-based absolute return strategies. PRODUCTS Eaton Vance Plans Actively-Managed ETFs > March 12, 2010 -- Eaton Vance Management has filed an application with the Securities and Exchange Commission (SEC) to create and operate five actively-managed exchange-traded funds (ETFs). PRODUCTS J.P. Morgan Applies for Three New ETFs > March 12, 2010 -- J.P. Morgan Investment Management Inc. has filed applications with the Securities and Exchange Commission (SEC) to create and operate an actively-managed exchange-traded fund (ETF) and two index ETFs. DEALS/PEOPLE Strategic Insight Opens London Office > March 12, 2010 -- Strategic Insight (SI), an Asset International company, has opened an office in London. COMPLIANCE DoL Recovers More than $12M for Calif. Company ESOP Participants > March 11, 2010 -- The U.S. Department of Labor has obtained consent judgments providing
for restitution of more than $12 million by plan officials and service
providers involved with the employee stock ownership plan sponsored by
The Employee Ownership Holding Co. of Stockton, California, and Fife,
Washington. RESEARCH Number of Millionaires Back on the Rise > March 11, 2010 -- After the financial crisis whittled down the number of millionaires in the U.S., the number is recovering. SELLING Targeted Communications Could Help Achieve Plan Results > March 11, 2010 -- Mercer said its recent effort with Synapses Inc., a provider of
personalized 401(k) education, products, and services, indicates using
targeted employee communications can achieve better plan results. PRODUCTS RPAG Expands Scorecard System to Rank ETFs > March 11, 2010 -- Retirement Plan Advisory Group (RPAG) has announced that its
proprietary Scorecard System will now track, monitor, and rank more
than 300 exchange-traded funds (ETFs). INVESTING Bond Funds Still Winning as Investors Dive Back into Market > March 11, 2010 -- U.S. mutual fund investors put an estimated $30 billion into stock and
bond mutual funds in February, according to Strategic Insight (SI), an
Asset International Company. |