New Vanguard Fund Goes Global
Vanguard has filed a registration statement with the Securities and Exchange Commission for the firm’s first passively managed global index fund.
Products
AXA Equitable Launches Annuity for Plan Rollovers
AXA Equitable Life Insurance Company has launched a new variable annuity designed specifically as a rollover option for employees taking distributions from employer-sponsored retirement plans at Fortune 1000...
Threadneedle Name Comes to U.S.
Threadneedle, a global asset manager based in London, has come to America.
Pershing Adds Four Providers to Nexus Funds Solution
Pershing Limited, an affiliate of Pershing LLC and a subsidiary of The Bank of New York Mellon Corporation, announced the addition of four new mutual fund providers to...
Barclays Launches Five New ETFs
Barclays Global Investors (BGI) announced the launch of five new iShares international exchange-traded funds (ETFs).
Seligman Slashes Plan Fees
Seligman is discounting retirement plan takeover fees for Seligman Growth 401(k) plans, the company announced.
ProShares Offers Short and Leveraged Telecom ETFs
Two new exchange-traded funds (ETFs) from ProShares offer investors short or magnified exposure to telecom stocks.
MassMutual Launches Web Site to Recruit New Agents
Massachusetts Mutual Life Insurance Co. (MassMutual) has unveiled a new Web site that introduces career changers, industry veterans, and college graduates to a career with MassMutual via testimony...
Schwab Expands Managed Account Services Platform
Charles Schwab has enhanced its managed account platform to assist independent investment advisers who choose to outsource functions such as money manager research and portfolio construction.
SEI Opens Resource Center for Advisers
SEI has launched the SEI Advisor Resource Center (ARC), a Web-based marketing system for the SEI Advisor Network's more than 6,500 independent adviser clients.
Morningstar Portfolio Management Services Available on Schwab Platform
Schwab Institutional and Morningstar Investment Services have established a relationship whereby Morningstar’s portfolio management services will be available on Schwab Institutional's enhanced managed account services platform.
Sun Life Enhances Executive Bonus Marketing Program
The U.S. Individual Insurance Division of Sun Life Financial Inc. has announced several enhancements to its Executive Bonus Marketing Program.
Wilshire Models Foundation for New Direxion Offering
Direxion Funds has launched the Direxion /Wilshire Dynamic Portfolios, institutional style model portfolios for financial advisers.
Principal LifeTime Funds Adds Five-Year Intervals
Principal Funds has added five new portfolios to its Principal LifeTime funds series.
Russell Adds Six New Funds to Target-Date Series
Russell Investments has added six funds to its LifePoints Funds, Target Date Series.