News

Standard&Poor’s on Tuesday launched its S&P /GRA Commercial Real Estate Indices.

UBS Global Asset Management has come out with a new generation of UBS TargetRetirement Collective Funds that use an actively managed approach.

A research paper authored by a trio of university economists argues that most of the concerns that Americans’ retirement savings are insufficient to pay for their golden years are overstated.

One of the women who, it had been predicted, might take over Edward “Ned″ Johnson III’s reins at Fidelity Investments has announced her resignation, leaving behind the hovering question of who will be the chief executive’s successor.

Fidelity Investments snagged the top overall spot in Kasina’s ranking of defined contribution plan Web sites for participants, while the Vanguard Group came in first for plan sponsors.

Bank of America (BoA) announced Tuesday that it had tapped six executives for posts in the leadership team for its new Global Wealth&Investment Management (GWIM) Alternative Investments group.

Three former Nicholas-Applegate portfolio managers have announced the formation of Eudaimonia Asset Management, a majority employee-owned, institutionally-focused investment advisory boutique.

Reserve Solutions is now offering what it says is a more flexible way for employees to borrow money from their 401(k) accounts.

The Credit Suisse/Tremont Hedge Fund Index Group has unveiled the Markets Defender Basket, an online basket of hedge fund sector indexes, based on the Credit Suisse/Tremont Sector Invest Indexes.

Securian Retirement Distributors says that 11 new investment options are now available to qualified retirement plan sponsors.

Smith Barney has named Julian Clark, former President and CEO of Mellon Investor Services, as Managing Director of Smith Barney Global Stock Plan Services.

American Independence has added international securities to its NestEgg Dow Jones Target Date Funds and has reduced the expense ratios of each of the share classes of the funds.

A new white paper from the Principal Financial Group offers a perspective on the new role of a fiduciary adviser.

Former Securities and Exchange Commission (SEC) Enforcement Branch Chief and consumer advocate Pat Huddleston has launched Investor's Watchdog, a company that provides investors with intelligence and expertise to protect them from broker misconduct, excessive risk, and professionally-disguised investment scams.

Correspondents offering input to the U.S. Department of Labor (DoL) about revisions to 401(k) fee disclosures said that educating plan sponsors and participants about fees was important but suggested that any revisions needed to be carefully pondered.

In-plan investments that provide guaranteed income should be used as part of an overall allocation strategy, garnering only about 15% to 30% of a deferral, said Joseph Eck, vice president of the institutional solutions group for The Hartford.

We don’t have a large yard, but it’s big enough to be “unruly.″

We don’t have a large yard, but it’s big enough to be “unruly.″

Morgan Stanley has agreed to settle a class-action lawsuit that accused the investment bank of discriminating against black and Latino employees in its retail brokerage division since 2002.

Barclays Global Investors (BGI) has announced the launch of the iShares S&P World ex-U.S. Property Index Fund on the NYSE.