News

Ariel Investments, LLC named Rupal J. Bhansali as Senior Vice President and Chief Investment Officer of International Equities.

A recent University of Missouri study, sponsored by Prudential Financial, finds that Americans are more likely to retire after periods that may seem beneficial at first, but are...

Russell Investments announced that Shelton Unger joined the firm to lead Russell Index sales and relationships with retirement plan sponsors, foundations, and endowments.  

Prisma Capital Partners has hired Arthur Richardson to work as a risk manager. 

Independent investment adviser Hutchens Investment Management, Inc. has merged with New Leaf Asset Management, LLC.

Fred Reish and Bruce Ashton of Drinker, Biddle & Reath LLP have co-authored a paper describing how Securian Retirement’s fee disclosure and revenue sharing process can help plan...

Russell Investments has expanded its institutional defined contribution team with the appointments of Keith Lennon and Michelle Rappa.

One in 10 financial professionals said in a Principal Financial Group survey that their clients are easily able to visualize their financial dreams.

Huntington Asset Services will be assisting Longview Capital Management LLC with its first mutual fund offering.

Franklin Templeton Multi-Asset Strategies (FTMAS) has hired five investment professionals to the platform’s global tactical asset allocation (GTAA) group.

Commonwealth Financial Network has partnered with Broadridge Financial Solutions to offer its advisers access to Broadridge’s Forefield applications.  

A federal judge has denied summary judgment for Kraft in an excessive fee suit.

Ascensus announced a partnership with Edward D. Jones & Co. to offer its open-architecture retirement plan platform, SingleSource, to a wider client base.

Edge Asset Management has appointed Greg Tornga as portfolio manager and head of fixed income.

A recent survey by Northern Trust saw a trend toward risk aversion among institutional investment managers in 2Q 2011; however, most also reported positive expectations for job growth...

The Wagner Law Group, specializing in ERISA, employee benefits, executive compensation and estate planning, has opened a New York office, near the city of Buffalo.

Use of the core/satellite investment strategy has helped drive the growth of exchange-traded funds, according to a recent study from Financial Research Corporation.

UBS Global Asset Management announced that Aaron Kilberg has joined the firm in a new role as Executive Director, Head of Equity Growth Sales.

At last week’s Northeast Area Benefits Conference, co-sponsored by the IRS and ASPPA, two Certified Public Accountants discussed the many moving parts of a retirement plan audit.  

A recent study from The Hartford found increased participation among many Americans in 401(k)s and other defined contribution (DC) plans.