Deals & People March 28, 2012

Mellon Appoints Regional Institutional Sales Director

Mellon Capital Management Corporation named G. Kent Fleming as director of institutional sales for the northeastern United States.
Reported by

Fleming, who is based in Boston for this new position, reports to Sheryl Linck, managing director, head of North American business development for Mellon Capital.

Fleming was previously director of business development and investor relations for Belltower Advisors, a hedge fund and wealth management firm. Before that, he was a principal and product portfolio manager for Smith Breeden Associates, where he managed the absolute return strategy business and several institutional client relationships.  

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Fleming received his bachelor’s degree from the University of California at Santa Barbara and his master’s from the NYU Stern School of Business. 

Products March 28, 2012

ShareBuilder 401k Adds Five Funds

ShareBuilder 401k is expanding its All-ETF 401(k) platform with the addition of five funds. 
Reported by

Effective March 1, ShareBuilder 401k’s retirement planning platform for businesses ranging from self-employed to mid-size companies added the following funds:

•  iShares Gold Fund (IAU);

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•  PowerShares General Commodities Fund (DBC);

•  iShares Socially Responsible Fund (KLD);

•  SPDR’s International Bond Fund (BMX); and

•  PowerShares Emerging Market Bond Fund (PCY).

 

“We’re pleased to enhance our All-ETF 401(k) with access to new commodities, international fixed income, emerging markets and socially responsible funds,” said Stuart Robertson, ShareBuilder 401k general manager. “These funds offer important diversification options to help investors preserve and grow investments through varying economic climates while, at the same time, address the growing demand for socially responsible investments.”

For more information, visit www.sharebuilder401k.com.

 

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