Fidelity Enhances Advisor 401(k) Platform >
January 11, 2008 -- Fidelity has made significant changes to its Adviser 401(k) platform, including introducing a new custom pricing schedule.
Diamond Advisors Announces Quality Growth Fund >
January 10, 2008 -- Diamond Portfolio Advisors, LLC, an institutional money manager, has launched a mutual fund based on its track record in managing high quality growth stocks.
Political Differences >
January 09, 2008 -- Democrats are frequently characterized as “tax and spend″ by those on the other side of the political spectrum.
Switch From DB to DC Lowered Retiree Replacement Income >
January 09, 2008 -- New research from the Center for Retirement Research at Boston College (CRR) suggests the change in the retirement landscape from predominately defined benefit plans to mostly defined contribution plan coverage has decreased both household pension wealth and retiree income replacement rates.
Other Investment Vehicles to Eclipse Mutual Fund Net Sales >
January 09, 2008 -- Mutual fund net sales will trend up by 2% annually, but investors will have to look elsewhere for the real significant growth, according to a new study.
BlackRock’s Doll Looks Into His Crystal Ball for 2008 >
January 09, 2008 -- Taking what he calls a “cautiously optimistic view for 2008,″ Bob Doll, Vice Chairman and Chief Investment Officer of Global Equities at BlackRock, Inc., predicts that the U.S. will narrowly escape an economic recession this year.
PMFM Names Doherty as President >
January 08, 2008 -- The board of directors of PMFM, Inc., an Athens, Georgia-based registered investment adviser, has tapped Judson P. Doherty as president, effective immediately.
Another Retirement Exec to Join CAPTRUST >
January 08, 2008 -- CAPTRUST Financial Advisors has announced that Beryl Ball has joined the advisory and research firm.
Pershing Introduces ETF Information Site >
January 08, 2008 -- Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, has launched the Exchange-Traded Funds (ETF) Center to provide its introducing broker/dealer and independent registered investment advisers (RIA) with a centralized ETF information source.
New Index Represents Short Position of S&P 500 >
January 08, 2008 -- Standard&Poor’s has launched the S&P 500 Inverse Index, designed to provide investors with the inverse performance of the S&P 500.