News

A survey released by Natixis Global Asset Management found nearly half of American investors fear losing money due to market volatility.

John Hancock Funds has established a series of R share classes for many of its mutual funds.

For the vast majority of family financial decision makers, paying for college ranks far above saving for future medical expenses or retirement, according to a study from MassMutual.

FPA has launched an International Value Strategy, which will be available to institutions.

According to Geoffrey Ward, National Director of the MetLife Pension Resource Center, the retirement plan advisory business has transformed from one that sells products to one that takes on...

According to the Employee Benefit Research Institute (EBRI), participation of workers in individual-account 401(k)-type plans, which had grown sharply through the 1990s, leveled off from 2005-2009. 

S&P Indices and the Australian Securities Exchange (ASX) have launched a package of benchmarking tools for fixed interest investments in Australia.

Investors poured an additional $6 billion into U.S. exchange-traded funds (ETFs) in September, after withdrawing approximately half a billion in August.

U.S. mutual fund investors withdrew an estimated $5 billion out of U.S. stock and bond mutual funds last month, according to Strategic Insight, an Asset International company.

A Stanford University study reveals that 45% of the top 185 U.S. Web sites transmit identifying details about their visitors to at least four other sites. 

The U.S. Department of Labor (DoL) has filed a complaint in federal court seeking to restore $436,322.07 to two benefit plans of Columbus-based Clark Graphics.

David A. Hunt has been named Chief Executive Officer of Prudential Investment Management.

Van Eck Global has launched Market Vectors Renminbi Bond ETF, which offers investors exposure to Chinese renminbi (RMB)-denominated bonds, often referred to as “dim sum” bonds.

First Western Trust Bank appointed Irene J. Antonio as a Relationship Manager in the firm’s Retirement Consulting Services team. 

U.S. exchange-traded funds, which have had just one month of net outflows in the last 12 months, added $4.1 billion in September, according to Morningstar.

Long-term mutual fund flows turned positive in September for the first time in three months, with inflows of $3.8 billion, according to Morningstar.

MFS Investment Management has launched the next module in its Advanced (k) practice management program for defined contribution advisers.  

Long-term funds in Asia (ex-India and China, which report assets on a quarterly basis) collected $12 billion in net flows, according to Strategic Insight, an Asset International company. 

Mid Atlantic Trust Company (MATC) is offering reduced pricing for its ModelxChange service.   

Many financial advisers are not using the most efficient marketing tactics, according to a survey from ByAllAccounts, Inc., an account aggregation service firm.