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Data Company Combines Analytics and Trade Order Capabilities
Interactive Data Corporation, a provider of financial market data, analytics, and related solutions, has developed BondEdge TradeLink.
Allianz Life Restructures Broker/Dealer Sales Team
Allianz Life Insurance Company of North America announced organizational changes to its broker/dealer (B/D) distribution team.
Bamonte Named Union Bank Institutional Manager
Marianne Bamonte, a veteran of the custody, investment, and trust services industry, has been named manager of the Institutional Services division at Union Bank.
Affluent Investors Don’t Recognize Impact of Conservatism
The Merrill Lynch “Affluent Insights Quarterly” survey shows that although 66% of affluent investors know conservative investing will help them avoid losing money in turbulent times, only 25%...
Financial Engines Unwraps New Retirement Income Solution
Financial Engines has rolled out what it calls “the first retirement income solution designed specifically for 401(k) plans.”
Standard & Poor's Launches S&P GSCI Dynamic Roll Index
Standard & Poor's has announced the launch of the S&P GSCI Dynamic Roll Index.
Cambridge Enhances Retirement Plan Support Via RPAG Partnership
Cambridge Investment Research, Inc. has announced a strategic partnership with Retirement Plan Advisory Group (RPAG).
Wilmington Trust Adds to Client Development Team
Wilmington Trust announced the addition of Nicholas Adams to Corporate Client Services (CCS), part of its Client Development team.
Sheridan Road Embraces Wisconsin
Sheridan Road Financial, an investment advisory firm for middle-market corporate retirement plans, has opened an office in Milwaukee, Wisconsin.
SEC Recommends Unifying B/D, Adviser Searches
In response to a mandate from the Dodd-Frank Act to investigate investor access to information on broker/dealers (B/Ds) and registered investment advisers (RIAs), the Securities and Exchange Commission...
Vanguard Launches Total International Stock ETF
Vanguard is bringing the Vanguard Total International Stock ETF (VXUS) to market, which will track the MSCI All Country World ex USA Investable Market Index.
GuidedChoice Introduces Alternative to "4% rule"
GuidedChoice has launched GuidedSpending 2.0, a major revision of its retirement income advice program.
Principal Enhances Participant Web Site
The Principal Financial Group upgraded its Web site for retirement plan participants.
State Street Releases Three ETFs
State Street Global Advisors (SSgA) now has 96 SPDR ETFs in the U.S.
Vanguard Atop 2010 Fund Managers
The Vanguard Group was the largest fund manager as of December 31, 2010, according to Strategic Insight, an Asset International company.
New Director for Product Innovation at Allianz
Allianz Life Insurance Company of North America named Karen Gemmill as senior director of Product Innovation.
Man Group Names Head of U.S. Consultant Relations
Man Group, an alternative asset management company, hired Miriam Tai as Head of U.S. Consultant Relations.
$5M Settlement for Comcast Stock Drop Case
A federal judge in Pennsylvania approved a $5-million settlement of a Comcast Corp. stock drop class action suit.
CBO Projects Social Security Depletion
The Congressional Budget Office (CBO) is projecting Social Security will run deficits every year until its funds are eventually drained in about 2037.