News
Advisers to Hedge Funds Must Register with SEC
The Securities and Exchange Commission (SEC) adopted rules that require advisers to hedge funds and other private funds to register with the SEC.
Transamerica Believes MEPs Can Provide Growth for Advisers
Multiple employer plans (MEPs) can provide not only business growth for advisers, but can also help close the coverage gap in America, said Jim Kais, vice president and...
UBS Announces Global Head of Hedge Fund Distribution
UBS announced the appointment of John Dyment as Global Head of Hedge Fund Distribution, based in New York.
Appellate Court Affirms AT&T's Victory in Cash Balance Suit
The 3rd U.S. Circuit Court of Appeals affirmed a lower court ruling that AT&T did not violate the Employee Retirement Income Security Act (ERISA) and the Age Discrimination...
Money Managers See Improved Year in 2010
A report from Strategic Insight indicates the 19 money managers with publicly held equity managed a total of $7.8 trillion at year-end 2010, up 10% from 2009.
Mellon Announces Leadership Appointments
Rob Ferguson has been named head of global securities lending at CIBC Mellon, Robert Chiuch has been named managing director, and Phil Zywot had been named head of...
Portico Offers Retirement Plan Diagnostic Tool
Portico Wealth Advisors, LLC, a registered investment adviser (RIA) and retirement plan consultancy firm, has created a complimentary diagnostic to help retirement plan sponsors fulfill their fiduciary duty.
Expected Retirement Age Jumps 3.5 Years in One Year
An Allianz Life Insurance Company survey found that by nearly a four to one margin, Boomers remain more attracted to guarantees for their retirement savings over potentially higher...
AdvisorShares Launches New ETF
AdvisorShares Investments, a sponsor of actively managed exchange-traded funds (ETFs), has released the Meidell Tactical Advantage ETF, or "MATH".
Pershing Adds to FundVest
Pershing LLC, a BNY Mellon company, has added Altegris, Invesco and TIAA-CREF funds to FundVest, Pershing’s no-transaction fee mutual fund platform.
Cerulli Suggests What Not to Do with HNW Clients
Cerulli Associates has published a report detailing what can cause high-net worth (HNW) investors to leave their financial adviser.
Invesco to Close Two ETFs
Invesco PowerShares announced that it plans to close two of its Active exchange-traded fund (ETF) portfolios.
MSCI Releases ESG Platform
MSCI has launched a new platform to provide asset managers with a suite of tools to better manage environmental, social, and governance (ESG) investments.
PSCA Releases Non-Qualified Plan Survey
The Profit Sharing/401(k) Council of America (PSCA) and Boston Research Group have released findings from a survey of non-qualified plans.