Smith Barney Unit Launches UMA Program >
April 02, 2008 -- Consulting Group, the managed money unit of Smith Barney, has announced the launch of a new unified managed account program, Select UMA.
New Vanguard Fund Goes Global >
April 02, 2008 -- Vanguard has filed a registration statement with the Securities and Exchange Commission for the firm’s first passively managed global index fund.
AXA Equitable Launches Annuity for Plan Rollovers >
April 01, 2008 -- AXA Equitable Life Insurance Company has launched a new variable annuity designed specifically as a rollover option for employees taking distributions from employer-sponsored retirement plans at Fortune 1000 companies.
Threadneedle Name Comes to U.S. >
April 01, 2008 -- Threadneedle, a global asset manager based in London, has come to America.
Pershing Adds Four Providers to Nexus Funds Solution >
March 31, 2008 -- Pershing Limited, an affiliate of Pershing LLC and a subsidiary of The Bank of New York Mellon Corporation, announced the addition of four new mutual fund providers to its Nexus Funds Solution.
Barclays Launches Five New ETFs >
March 28, 2008 -- Barclays Global Investors (BGI) announced the launch of five new iShares international exchange-traded funds (ETFs).
Seligman Slashes Plan Fees >
March 27, 2008 -- Seligman is discounting retirement plan takeover fees for Seligman Growth 401(k) plans, the company announced.
ProShares Offers Short and Leveraged Telecom ETFs >
March 27, 2008 -- Two new exchange-traded funds (ETFs) from ProShares offer investors short or magnified exposure to telecom stocks.
MassMutual Launches Web Site to Recruit New Agents >
March 27, 2008 -- Massachusetts Mutual Life Insurance Co. (MassMutual) has unveiled a new Web site that introduces career changers, industry veterans, and college graduates to a career with MassMutual via testimony of its agents.
Schwab Expands Managed Account Services Platform >
March 26, 2008 -- Charles Schwab has enhanced its managed account platform to assist independent investment advisers who choose to outsource functions such as money manager research and portfolio construction.