News

The world’s emerging and developed markets continued to stay in positive territory in December, making a full year of positive results as oil prices remained low, Standard&Poor’s said.

BISYS Fund Services has tapped Joseph Mrak as senior vice president and general manager for its managed account outsourcing business, WealthSolutions.

Morningstar, Inc. plans to come out with a family of fixed income indexes, which can be licensed to institutions for the creation of investment vehicles including such things...

Morningstar, Inc. plans to come out with a family of fixed income indexes, which can be licensed to institutions for the creation of investment vehicles including such things...

M Benefit Solutions - Bank Strategies has added Corrigan&Company to its lineup of Community Bank Advisor Firms.

The investment management arm of State Street Global Corporation is rebranding its exchange-traded funds (ETFs), ending the streetTRACKS label and consolidating under the SPDR brand, in an effort...

John Hancock Funds has announced the launch of two new fund of funds products available to retail investors through their financial advisers: the John Hancock International Allocation Portfolio...

Teresa Mullett Ressel has been appointed as the new Chief Executive Officer of UBS Securities LLC, the US broker-dealer unit of UBS Group Americas, the company announced today.

Stock and bond funds experienced net inflows of $17.4 billion in November, down from the $29.8 billion they brought in the month before, according to monthly data from...

New data published by Morningstar offers a historical perspective on the market returns of major asset classes.

Deutsche Bank and PowerShares Capital Management LLC have announced that seven PowerShares DB Commodity Sector exchange-traded funds have been listed on the American Stock Exchange.

ThomasLloyd Holdings plc has announced that the combined asset management divisions of US-based Illington Fund Management LLC and European-based DKM Asset Management AG are now operating as ThomasLloyd...

Tax-exempt sector employees, those in the higher education, health care, government, foundations, and faith-based organization sectors, have saved an average of $48,000 in their defined contribution (DC) plans,...

A majority of private industry workers would opt to participate in a defined contribution plan if their companies offered them, according to a recent Department of Labor report.

Ann Combs, who helped shape national pension and employee benefit policy during five years as head of the Employee Benefits Security Administration (EBSA), will be taking a new...