As the U.S. Supreme Court ponders whether a 401(k) participant can pursue a fiduciary breach suit on behalf of himself rather than on behalf of the plan, a...
Those with individual retirement accounts (IRA) tend to keep that money where it is for potential use later on in their retirements, according to a new Investment Company...
DWS Scudder, the U.S. retail unit of Deutsche Bank’s Asset Management division (DeAM), has announced the appointment of four senior professionals to the firm’s wholesale distribution team.
Prudential Annuities is adding three new options (two optional living benefits and one optional accumulation benefit) to its variable annuities to help investors capture an annuity’s highest daily...
With lightning speed, the House managed to cobble together an economic stimulus package last week, the Senate will take it up this week, and President Bush seems eager...
WisdomTree Investments, Inc. is partnering with The Dreyfus Corporation to offer co-branded international cash and fixed income exchange-traded funds (ETFs) as part of the WisdomTree Trust.
Peter J. Smail, president of Fidelity Investments’ institutional investment management business, is retiring from his post, the financial services firm announced.
State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, has launched the SSgA Core Edge Equity Fund, a long-short (130/30) mutual fund that seeks...
Standard&Poor’s has launched the S&P Dividend Opportunities Indices, two new indexes designed to “provide investors with exposure to high yielding stocks throughout the world.″
MassMutual has adopted an enhanced regional model for its adviser and plan sponsor service operations that it says offers enhanced synergy between sales and service both before and...
WisdomTree Investments, Inc. has announced that the WisdomTree Trust intends to launch an earnings-weighted India exchange-traded fund (ETF) under the ticker symbol EPI in the latter part of...
Demand from institutional investors for precise and often-custom made indexes to allow them to meet socially responsible investment (SRI) constraints could represent a significant revenue loss problem for...
A new study of the private equity market finds that securitization - bundled funds of publicly traded private equity firms - is changing the private equity asset class.
Almost all (91%) financial planner CPAs surveyed by the American Institute of Certified Public Accountants (AICPA) cited retirement as a top personal finance concern of clients.