BNY Mellon Appoints CEO of Global Markets
BNY Mellon has appointed Arthur Certosimo as CEO of Global Markets.
News
BNY Mellon Hires Senior Strategist for Strategy & Solutions Group
BNY Mellon Asset Management has named Rumi Masih as a senior investment strategist in the Investment Strategy & Solutions Group.
Advisers Boost Confidence of Pre-Retirees
The majority (54%) of pre-retiree households that have a professional financial adviser feel confident they will be able to live the retirement lifestyle they choose, according to research...
Morningstar Introduces New Categories for Alternatives
Morningstar, Inc. has added 10 alternative investment categories within the Morningstar Category classification system.
JH Changes Managers of Three Portfolios
John Hancock Asset Management, a division of Manulife Asset Management, has appointed the U.S. Core Value team to manage three portfolios offered by John Hancock Retirement Plan Services,...
Large Cap Rules April ETF Infows
Exchange-traded fund (ETF) industry assets rose $60.5 billion for the month of April, an increase of 5.7%, according to State Street Global Advisors' ETF Snapshot report.
Global/International Equity Funds Lead March Flows
Stock and bond funds experienced net inflows of $32.7 billion in March, according to Financial Research Corporation (FRC).
New York Life Appoints DCIO Regional VP
New York Life Investments has appointed Al Lazaro as regional vice president, Midwest region, for its defined contribution investment only (DCIO) practice.
BNY Mellon Names President of Investment Management
Mitchell Harris has been named to the newly created position of president of BNY Mellon's Investment Management division, which comprises BNY Mellon Asset Management and BNY Mellon Wealth...
IMHO: Out of Proportion
Without question the retirement plan industry has prospered from the long-standing practice of relying heavily – and in some situations, completely - on asset-based fees. ...
Court Rejects 404(c) Defense in Certifying Stock Drop Suit Class
A U.S. District Court has certified as a class action a suit against YRC Worldwide that claims it offered company stock as a 401(k) investment option when it...
Seyfarth Shaw Adds to Labor & Employment Practice
Seyfarth Shaw LLP announced that labor and employment attorney Wanda Holloway has joined the firm as a partner in its Houston office.
CRR Offers Financial Security Web Site
The Center for Retirement Research at Boston College has rolled out an initiative offering resources to help people make better financial decisions.
Perspective: A Season for Second Chances
Politicians have always been fond of second chances.