News

Investors poured an additional $23 billion into U.S. exchange-traded funds (ETFs) in April 2011, up from $9 billion of inflows in March.

SunTrust Banks, Inc. has acquired the assets of CSI Capital Management, a San Francisco based wealth-management firm.

Orinda Asset Management LLC, an independent, privately-held asset management firm, has launched the Orinda Multi-Manager Hedged Equity Fund.

First Trust Advisors L.P. has launched what it says is the first exchange-traded fund (ETF) focused on the global manufacturing of automobiles.

With inflation concerns looming larger, S&P Indices has launched a TIPS Index.

Advisers will be advising clients to move into domestic equities, emerging market equities, and global developed market equities and away from Treasury bills, U.S. fixed income, and...

The U.S. District Court for the Southern District of New York has ruled that a whistleblower need not personally contact the Securities and Exchange Commission to claim retaliation...

A recent working paper published by the National Bureau of Economic Research critically analyzes previous attempts to explain conversions of government pension provision systems, or social security systems,...

Lincoln Financial Group announced that its Lincoln Director group variable annuity-based retirement solution will be available for new sales exclusively through a service model supported by third-party administrators...

BNY Mellon has appointed Arthur Certosimo as CEO of Global Markets.

BNY Mellon Asset Management has named Rumi Masih as a senior investment strategist in the Investment Strategy & Solutions Group.

The majority (54%) of pre-retiree households that have a professional financial adviser feel confident they will be able to live the retirement lifestyle they choose, according to research...

Morningstar, Inc. has added 10 alternative investment categories within the Morningstar Category classification system.

John Hancock Asset Management, a division of Manulife Asset Management, has appointed the U.S. Core Value team to manage three portfolios offered by John Hancock Retirement Plan Services,...

Exchange-traded fund (ETF) industry assets rose $60.5 billion for the month of April, an increase of 5.7%, according to State Street Global Advisors' ETF Snapshot report.

Stock and bond funds experienced net inflows of $32.7 billion in March, according to Financial Research Corporation (FRC).

New York Life Investments has appointed Al Lazaro as regional vice president, Midwest region, for its defined contribution investment only (DCIO) practice.

Mitchell Harris has been named to the newly created position of president of BNY Mellon's Investment Management division, which comprises BNY Mellon Asset Management and BNY Mellon Wealth...

BlackRock, Inc. has launched the BlackRock India Fund. 

Without question the retirement plan industry has prospered from the long-standing practice of relying heavily – and in some situations, completely - on asset-based fees. ...