News

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.

Today, Integrity Mutual Funds, Inc. announced a new initiative providing solutions-focused education to its investors and financial advisers.

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...

Third Party Administrators (TPAs) now have a new, more efficient way of conducting business – and there are benefits for advisers, as well.

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.

Kathy Curtis has been named director of marketing for Mutual of Omaha’s Retirement Services area.

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...

They say you get what you pay for – but maybe it just feels like you do.

Accusations of mismanagement have been leveled against Merrill Lynch by government clients in a second state, the Wall Street Journal reported.

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.

Legg Mason, Inc. has launched the Legg Mason Partners 130/30 U.S. Large Cap Equity Fund.

J.&W. Seligman&Co. Incorporated has announced that Seligman Time Horizon/Harvester Series has been renamed and the names of the funds in the series have also been changed.

Massachusetts Mutual Life Insurance Company has announced enhancements to certain deferred variable annuities in its portfolio of retirement income products.