Vanguard to Take Control of Long/Short Fund

The Vanguard Group has announced a proposal with Charles Schwab Investment Management to reorganize the Laudus Rosenberg U.S. Large/Mid Capitalization Long/Short Equity Fund into a new Vanguard offering.

MG Advisory Demographic Report for Advisers Includes Plan Fund Data

MG Advisory Services, LLC, a subsidiary of Matrix Settlement&Clearance Services, LLC, has announced the release of its new Plan Demographic Report for advisers and third-party administrators (TPAs) that combines participant/plan data with fund data, in an open architecture environment.

Dow Jones Announces Commodity Index-Based ETF

Dow Jones Indexes has announced the launch of The Dow Jones - AIG Commodity SwapEX, an exchange-traded fund (ETF) for which the Dow Jones - AIG Commodity Index has been licensed to INDEXCHANGE Investment AG to serve as the underlying index.

Metrics Partners Launches TPA Search Tool

Metrics Partners, an electronic marketing firm for the retirement industry, has introduced a new web-based search tool connecting plan producers with third party administrators (TPAs).

Northern Trust Launches Target Date Funds for DC Plans

Northern Trust will offer target date collective funds that are globally diversified and incorporate inflationary hedge asset classes such as global real estate and commodities, in addition to a core allocation to stocks and bonds.

New Company Protects against Broker Misconduct and Scams

Former Securities and Exchange Commission (SEC) Enforcement Branch Chief and consumer advocate Pat Huddleston has launched Investor's Watchdog, a company that provides investors with intelligence and expertise to protect them from broker misconduct, excessive risk, and professionally-disguised investment scams.