News

Russell Investments has named Peter Gunning as its new global chief investment officer (CIO) and managing director of multi-manager investments, effective mid-February.

Columbia Management has announced several key leadership appointments in its distribution and portfolio management areas.

Charles Schwab Investment Management has added two new international funds to its lineup.

AIM Investments has announced new management leadership for AIM Constellation Fund and AIM Technology Fund.

Jerry Bramlett, founder/CEO of The 401(k) Company, has been named as President and Chief Executive Officer at San Ramon, California-based BenefitStreet, Inc.

OppenheimerFunds, Inc. (OFI) has expanded its Oppenheimer Portfolio Series with the addition of the Oppenheimer Portfolio Series Fixed Income Active Allocation Fund.

Lawsuits against State Street Global Advisors (SSgA) over its money management decisions to put client funds in subprime mortgage-related vehicles continue to pile up.

The majority of wealthy business owners have no succession plan in place, but many want to keep working.

Individuals who save more and are more active in managing their retirement savings are less confident in their retirement security and the retirement decisions they make than are...

MFS Investment Management has launched the MFS Diversified Target Return Fund.

MFS Investment Management has launched the MFS Diversified Target Return Fund.

On Friday the Board of Directors of Dodge&Cox announced that the Dodge&Cox Stock Fund and Dodge&Cox Balanced Fund will reopen to new investors effective Monday, February 4, 2008.

If you’ve been asked in the past two weeks what to do about the market (and who hasn’t), I’m sure your response has been something along the lines...

If you’ve been asked in the past two weeks what to do about the market (and who hasn’t), I’m sure your response has been something along the lines...

Federal regulators have released new guidance that asserts that a named or functional fiduciary who has authority to appoint a plan’s trustee(s) must make sure the proper party...

More employers are allowing workers to joining their 401(k) plan earlier, a new Profit Sharing/401k Council of America` (PSCA) survey says.

Merrill Lynch&Co. has bought back from the city of Springfield, Massachusetts, collateralized debt obligations (CDOs) that included subprime mortgages.

New guidance issued by the Treasury Department and the Internal Revenue Service (IRS) provides that cash balance conversions that have filed for an IRS determination letter and occur...

A new program, FAcontact, offers advisers a way to give clients regular continued contact, so they can spend more time prospecting.

A study from asset manager consultant kasina suggests executives are thinking alike when it comes to facing industry challenges.