Investing

Pru Joins SRI Movement with New Funds

Prudential Retirement has introduced three new institutional sub-advised funds that will be managed in a manner consistent with socially, ethically and morally responsible investing.

Fixed Income Reigns in March 401(k) Transfers

Participants in 401(k) plans seemed to be looking for stability in their investments in March, moving $572 million from equities to fixed income over the month, according to the Hewitt 401(k) Index.

Advisers Have Faith in International Equities

Nearly half (43%) of advisers believe that international investing continues to offer the best opportunities for portfolio diversification, although they say that correlations are increasing across the globe.

March Sees $9B Growth in ETFs

Twenty-two new exchange-traded funds (ETFs) launched in March and total assets of U.S. ETFs increased by $9 billion, according to State Street Global Advisors.

Asset Allocation Funds Need Advice

Asset allocation funds offer a tremendous opportunity for all involved, including advisers, investors and the industry, said Jim Tracy, National Sales Director of The Hartford Mutual Funds.

February Sell-Off a 'Squall'

“Terrible Tuesday,″ February 27, 2007, “wasn’t the big one,″ it was just a squall, according to Quincy Krosby, Chief Investment Strategist at The Hartford Financial Services Group, Inc.