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Retirement Tops List of Financial Concerns
Never being able to afford retirement is the nation’s most common financial concern for the second year in a row, according to a survey from the American Institute...
Pershing Partners with Global Research Firm
Pershing LLC, a BNY Mellon company, has formed a strategic alliance with Roubini Global Economics, an independent, global economic research firm.
Russell Expands Adviser Support Team
Russell Investments has hired Chris Barlow as a defined contribution specialist for the firm’s U.S. adviser-sold business.
Sponsors Say Participants Don’t Fully Utilize Savings Tools
Nearly 83% of sponsors in a recent survey said participants are at least satisfied with retirement planning tools available to them; however, 79% also said participants do not...
Global X Funds Launches Waste Management ETF
Global X Funds has launched the Global X Waste Management exchange-traded fund (ETF).
RidgeWorth Adds Two Chief Compliance Officers
RidgeWorth Investments has hired Robert Zakem as Chief Compliance Officer and General Counsel, and Joseph O'Donnell as Chief Compliance Officer for RidgeWorth Funds.
PIMCO Beefs Up Emerging Markets Team
Investment management giant PIMCO has expanded its emerging market fixed income team through the hiring of three additional portfolio managers.
UBS Launches Securities Research Mobile App
UBS Investment Bank is introducing a Securities Research app compatible with iPhone, iPad and iPod Touch devices.
Institutional Investment Managers Anticipate Inflation Risk
Approximately 70% of institutional investment managers believe that the risk of inflation will increase over the next six months, according to a Northern Trust survey.
ETF Flows Pick up Pace in March
Although the pace of flows into U.S. exchange-traded funds (ETFs) has decelerated in the past several months, March saw the pace pick back up, Morningstar Direct reports.
U.S. Stock Flows Fall in March
The pace of long-term inflows slowed slightly to $27 billion in March, from nearly $28 billion in February, due largely to a drop in U.S. stock flows, according...
Towers Watson Adds Account Director
Towers Watson announced that Helen Mills has joined the company as an account director for its greater New York metropolitan area.
U.S. Mutual Funds See $23B in Inflows in March
U.S. mutual fund investors added an estimated $23 billion in net new cash to U.S. stock and bond mutual funds in March 2011, according to Strategic Insight, an...
Boomers Feeling a Bind in Saving for Retirement
An MFS survey found 59% of non-retired Boomers agree with the statement, "I'm more concerned than ever about being able to retire when I thought I would."
Gen X and Y's Investing Confidence May not be Justified
MFS found the younger generations are somewhat more optimistic in their approach to investing, but there is concern over Gen X/Y's ability to save enough to meet long...
African-American Community Needs Industry Attention
Prudential released findings from a research study, “The African American Financial Experience,” and the results show a demographic largely mistrusting of the financial services industry, with a growing middle...
IRI Finds Boomers with Insured Products More Confident
The Insured Retirement Institute (IRI) found nine of 10 Boomers who own insured retirement products have a higher confidence in their overall retirement expectations than those who do...
Report Emphasizes Importance of CRM Solutions for WM
The Aite Group published a report examining how a strong customer relationship management (CRM) tool can positively impact a wealth management practice.
Bandon Launches Fixed Income Fund
Bandon Capital Management launched the Bandon Isolated Alpha Fixed Income Fund, a global absolute return-oriented fixed income strategy.
Poll Finds General Interest in Non-Traditional Investments
Baby Boomers and financial advisers remain concerned about market volatility in retirement accounts, a MetLife poll shows.