Transactions between an investment management firm and investment funds managed by a qualified professional asset manager (QPAM) as an option under a retirement plan satisfy a Prohibited Transaction Exemption, according to regulators.
Portland, Oregon-based Invest n Retire will now offer PowerShares exchange-traded funds (ETFs) on its platform for tax-deferred retirement plans, the companies announced yesterday.
Lack of communication can be extremely damaging to an adviser-client relationship, and is a frequent reason clients leave their adviser, a new survey says.
The total combined assets of the nation's exchange-traded funds (ETFs) inched up 2.8% to $422.48 billion in December, according to the Investment Company Institute’s monthly report on the industry.
Wells Fargo Funds Management announced Wednesday that it has added a no-load share class to its lineup of target date funds and that it will close its A, B and C share classes of target date funds to new investors.
Adherents of the so-called Super Bowl Theory are no doubt grinning ear-to-ear these days, regardless of Sunday’s winner.
Stock funds once again benefited from strong cash inflows, but only thanks to the continued allure of international offerings.
Putnam Investments are now offered through FundVest, Pershing’s no-transaction-fee mutual fund platform.
To help plan administrators keep up with the many legislative provisions impacting their clients in 2007, Nationwide has launched a free, periodic newsletter that will offer ongoing education about legislative, regulatory and administrative changes.
Advisers who use performance as the sole, or significant, driver in investment selection might want to rethink their strategy because the latest study of fund performance over time from Standard&Poor’s found that very few funds top performing funds managed to consistently repeat top-half or top-quartile performance in 2006.
State Street Global Advisors will launch Tuesday an exchange-traded fund (ETF) that that tracks an index of developed and emerging country stocks involved in infrastructure industries such as pipelines, transportation services, electricity, water and telecommunications.
A recent study by the Turnstone Advisory Group LLC in Marina del Rey, California has found that lifecycle funds are doing a good job for their investors but areas for improvement include pricing and asset allocation.
Looks like the pension crisis is finally over.
Advisers who currently target small businesses – or who work with individual participants at businesses of any size – could see a major shift over the next decade, according to a new study.
As corporate and social safety nets erode, workers are less confident they will be able to achieve financial security.
Citing a strong demand for short or magnified exposure to the small cap market, ProShares Thursday launched six new exchange traded funds (ETFs).
In 2006, the average equity fund investor earned 16.4% and money market mutual fund yields rose to 5%, as diversification away from the U.S. and into International funds aided in asset growth, according to a Strategic Insights analysis.
Pennsylvania-based investment management firm Symons Capital Management has introduced two new mutual funds for retirement plans and other institutional investors.
A recent study by Nationwide Financial segments savers by retirement values and offers tips on how to use this information to better reach clients.
If you’ve ever felt like the markets were making a monkey out of you – you might want to consider keeping an eye on the stock picks of Adam Monk.