iShares has launched the "iShares in 401(k) Program" to help financial advisers better utilize exchange-traded funds (ETFs) as standard investment options.
Stock, bond, and hybrid mutual funds saw a $10.5 billion March outflow after being down $12.1 billion the month before, according to the Investment Company Institute (ICI).
Recent media reports on 401(k) plan losses, excessive fee suits, and the move many sponsors are making from defined benefit offerings to defined contribution offerings has fostered negativity...
Cleveland-based Victory Capital Management has launched three collective trust funds bringing its domestic and international capabilities to 11 strategies, the firm said in a news release.
A federal judge in South Florida has thrown out virtually all of the allegations leveled against U.S. Sugar Corp. of Clewiston, Florida, in a class action lawsuit.
Mutual fund assets will grow at a faster rate in the independent, regional, and registered investment adviser (RIA) channels, compared with the wirehouse, bank, and insurance channels, according...
CC Media Holdings Inc., the parent company of radio-and-billboard giant Clear Channel Communications Inc., announced it is laying off about 590 people in its radio division and suspending...