The U.S. defined benefit pension market is going to be hit with a massive shakeup that will see three-quarters of private-sector DB assets frozen or terminated in the next five years, compared to 25% currently.
Hedge funds posted 2.10% returns for the first quarter, outperforming the S&P 500 and the MSCI World Index, according to research from Morningstar, Inc.
In response to the rapid growth of investor interest in emerging markets and foreign exchange as asset classes in recent years, AIG Financial Products Corp (AIG-FP) has launched the AIG Emerging Markets Foreign Exchange Index, a new family of investable indexes.
Janus Capital Group Inc. subsidiary Enhanced Investment Technologies LLC (INTECH) has announced the launch of its Collared Long/Short (120/20) strategy, which will be available to both U.S. and non-U.S. institutional investors.
Pennsylvania-based investment management firm Symons Capital Management has introduced two new mutual funds for retirement plans and other institutional investors.
Barclays Global Investors filed with the Securities and Exchange Commission (SEC) last week to offer the first exchange-traded fund (ETF) that tracks the high-yield corporate bond market.
Although ‘’our overall view is fairly constructive,’’ said Robert Doll, Vice Chairman and Chief Investment Officer of Global Equities at BlackRock, Inc., ‘’we think a soft landing is likely in 2007.’’
“Every investor should dial up their equity exposure [in 2007],″ said Duncan Richardson, Executive Vice President and Chief Equity Investment Officer of Eaton Vance Management, at a press conference Wednesday.
Securities fraud class actions decreased by 38% in 2006, falling from 178 filings in 2005 to just 110 in 2006 - the lowest ever recorded in a calendar year since the adoption of the Public Securities Litigation Reform Act (PSLRA) of 1995.
Returns from the world’s emerging and developed markets stayed in the black in November as oil prices remained significantly below their summer highs, Standard&Poor’s said Tuesday.
OppenheimerFunds, Inc. has announced enhancements to Retirement Income Manager, its free software tool which allows advisers to assess a client’s probability of meeting income needs during retirement based on his or her current situation.
A survey conducted by Towers Perrin immediately following President Bush's signing of the Pension Protection Act (PPA) found more employers are likely to maintain their defined benefit pension plans than freeze them in response to the Act's more stringent funding requirements.
A recent study, "Spending and Investing in Retirement" by LIMRA and the Society of Actuaries offers insight into how people determine they are ready to retire and how they are faring in retirement.