News

Assets of exchange-traded funds (ETFs) rose in April to $595.96 billion, marking an almost 30% increase in the last year.

Assets in U.S. mutual funds got a 2.9% boost in April to $12.1 trillion, according to the latest Investment Company Institute (ICI) data.

Lincoln National Corp. unveiled a suite of services designed to help 403(b) sponsors comply with Internal Revenue Service (IRS) regulations.

Janus Capital Group Inc. launched a new international fund.

James T. Morris, president and CEO of Pacific Life Insurance Company, will now serve as chairman of the board for both parent companies of Pacific Life.

A new report says target-date investments of the future are likely to be offered in “multiple flavors″ according to the participant’s risk tolerance.

Symetra Life Insurance Company launched an annuity allowing retirees to buy future income with a portion of their retirement savings.

Forward Management, LLC, launched institutional share classes for three of its funds.

New York Life Retirement Plan Services expanded its 401(k) capabilities to plans with $5 million to $30 million in assets under administration.

If you’re looking for a new angle on investments, you might want to pay attention to their politics.

Stock and bond funds experienced net inflows of $24.7 billion in April, according to the Financial Research Corporation (FRC).

Sales of mutual funds continue to move away from the long-established model of paying intermediaries point-of-sale commissions.

A Connecticut institutional consultant has tapped Bryan Decker as its new Managing Director and Chief Investment Strategist as part of a top management shakeup.

Clients want more than numbers from their advisers.

National Retirement Partners (NRP) linked with SalesForce.com to develop a customized client relationship management solution (CRM).

Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, launched Trust Network, offering a wide range of services from trust companies.

Great American Advisors (GAA), in partnership with FundQuest Incorporated, launched a platform in response to adviser demand for fee-based business.

Commodities markets have been thriving of lateâ€″and investors have a new way to benchmark those investments.

A good portion of participants’ retirement income will come from investment returns generated by 401(k) accounts after they stop work, research from Russell Investments says.

National Advisors Trust named Ronald G. Ferguson, formerly of Results Technology, Inc., as its new CEO.