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To Cut 401(k) Costs, Look at Investment Expenses
Smaller plans don't necessarily cheaper costs. A new survey actually proves otherwise.
DC Plans Have 8.4% Q3 Showing
Plans in the Callan DC Index recovered lost ground in the third quarter, returning 8.4% on average.
LaserFiche and Salesforce.com to Combine Services
Laserfiche announced today the availability of a prepackaged integration with Salesforce.com, designed specifically for registered investment advisers (RIAs).
JPAM Expands R6 Share Offering
J.P. Asset Management announced new Class R6 Shares will be available on 18 funds.
BB&T Adds ClearCourse to Offerings
BB&T is adding Genworth's guaranteed lifetime income product, ClearCourse, to its 401(k) investment options.
Apollo, Lighthouse Make a Deal
Apollo Global Management, a global alternative asset manager, and Lighthouse Investment Partners, a fund of hedge funds manager, have struck a strategic alliance.
SPARK Finds Support for Lifetime Income Info Standards
More than 85% of the recordkeeping firms responding to a SPARK Institute poll said they plan to utilize the Institute’s information sharing standards and data records for retirement...
SunGard’s WealthStation to Incorporate Dow Jones Adviser
SunGard’s wealth management platform is integrating Dow Jones Adviser's Web-based services.
JPMorgan Chase Sued over Madoff Fraud
The trustee charged with liquidating Bernard Madoff's investment firm has brought a $6.4 billion suit against JPMorgan Chase.
BNP Paribas Hires Director for Commodity Derivatives Sales
BNP Paribas announced that John Catizone has joined its Commodity Derivatives group as Managing Director for Institutional and Investor sales in New York.
iShares Launches TIPS ETF
BlackRock’s iShares exchange-traded funds (ETFs) business is launching the iShares Barclays 0-5 Year TIPS Bond Fund (NYSE Arca: STIP).
AXA Financial CEO to Retire in January
AXA announced that Christopher 'Kip' Condron, President and CEO of AXA Financial, has decided to retire effective January 1, 2011.
Legg Mason Creates Retirement Think Tank
Legg Mason, a global asset management firm, has created the Retirement Advisory Council, bringing together 14 industry leaders to delve into the major challenges facing the retirement industry. ...
REITs Lose Ground in November
REITs nearly tripled the performance of the S&P 500 Index in the first 11 months of the year, although they lost ground in November, according to new data.
Fiduciary Adviser Unveils Training Program
Fiduciary adviser Roland|Criss has launched the Stewardship Development Center (SDC) to train fiduciary leaders and their teams.
ETF Securities Launches White Metals ETF
ETF Securities announced that ETFS Physical White Metals Basket Shares (Ticker: WITE) was introduced on the NYSE Arca today.
Munder Acquires Integrity Asset Management
Munder Capital Management, a money management firm serving institutional and individual investors, is acquiring Integrity Asset Management, a Louisville, Kentucky-based institutional investment management company.
DWS Launches World Dividend Fund
DWS Investments, the U.S. retail unit of Deutsche Bank’s Asset Management division, has announced a change in name and strategy for the DWS Europe Equity Fund.
Edge Asset Management Hires International Equity Manager
Edge Asset Management in Seattle, Washington, announced Egor Rybakov has joined Edge as a portfolio manager for International Equity, effective December 1, 2010.