The Hartford Expands Two VP Roles

The adjustments are in line with The Hartford's newest strategies: increasing its share of government and tax-exempt retirement plans and enhancing participant education.

Donald MacQuattie, vice president of health, education, and tax-exempt (HETE) retirement plans, is responsible for government retirement plan sales and retention as well.  He is charged with expanding these businesses by creating new products, establishing best-in-class service, and driving technology enhancements.  

Scott Sanderson, vice president of education and retention, is spearheading The Hartford’s efforts to educate retirement plan participants and retain 401(k) plans.  He is responsible for helping the Retirement Plans Group’s team of educational specialists increase participation in 401(k), 457, and 403(b) retirement plans and guiding a team of corporate plan retention specialists to meet the evolving needs of existing retirement plan sponsors.  

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Both MacQuattie and Sanderson report to Sharon Ritchey, executive vice president of RPG.

WisdomTree Launches Asia ETF

WisdomTree has launched the WisdomTree Asia Local Debt Fund (ALD).

The exchange-traded fund (ETF) is designed to provide exposure to Asian debt denominated in local currencies, excluding Japan, and has an expense ratio of 0.55%. The fund currently has $145 million in assets and is actively managed.   

“We are excited to launch the Industry’s first Asia Local Debt ETF and believe the capital surpluses and strong growth and yield potential of the Asian economies make for an attractive fixed income offering,” said Bruce Lavine, WisdomTree President & COO, in a press release.  

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More about WisdomTree is at http://www.wisdomtree.com.

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