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Cash Balance Consultant Produces Podcasts
Kravitz, consultant to cash balance plans, announced a series of podcasts available to the public.
All Cap Product Reduces Style, Market Cap Limits
Paradigm Asset Management Co. LLC, announced the development of an All Cap Core Opportunistic Strategy created to offer unconstrained exposure to a broad range of investment opportunities by...
HNW Investors Report Hedge Fun
Wealthy Americans expressed more satisfaction with their alternative investments than traditional investments over the last 12 months, according to a Bank of America survey.
Individual Investors Remain Optimistic about Equities
Despite market conditions, a survey from Schroders found that U.S. individual investors are more invested in domestic and international equities than last year.
Tradeweb Introduces Mortgage-Backed ‘Covered’ Bonds
Tradeweb said it plans to introduce an online marketplace for
ETF Assets Drop in June
The combined assets of the nation's exchange-traded funds (ETFs) were $578.07 billion in June, dropping 5.3%, according to the Investment Company Institute (ICI).
Lincoln Explains 403(b) Service Features
During a Webcast yesterday, Lincoln executives outlined the details of their 403(b) offering.
Natixis Hires Head of New Retirement Initiative
Natixis Global Associates (NGA) named Tracey Flaherty to spearhead retirement efforts aimed at the financial adviser marketplace.
UBS Benches Fixed Income Head Amid Auction-Rate Probes
UBS reportedly suspended its head of fixed-income as state and federal investigations heated up into sales and marketing practices related to auction-rate securities by UBS and other Wall...
SEI Breaks Institutional Investors' Links to Sudan, Iran
SEI launched a fund that eliminates companies that generate revenue through business relationships with Sudan or Iran, the company said.
Conn. Firm Releases Long-Short ETN
Westport, Connecticut-based WealthNotes Capital Management launches an exchange-traded note (ETN) tracking the performance of the S&P 500 130/30 Total Return Strategy Index.
LPL Financial Platform Adds Riverfront Investment Group
Riverfront Investment Group, LLC, a registered investment adviser (RIA), has been added to LPL Financial’s consulting services platform.
Otto Launches New RIA
Al Otto, who recently departed White Horse Advisors, has launched a new firm.
IMHO: “Know″ Way
Last week, the Department of Labor’s Employee Benefits Security Administration (EBSA) released its much-anticipated proposal regarding participant fee disclosures.
IMHO: “Know″ Way
Last week, the Department of Labor’s Employee Benefits Security Administration (EBSA) released its much-anticipated proposal regarding participant fee disclosures.
Bogus Hardship Withdrawals Leads to Conviction
A woman accused of persuading Chrysler auto workers to take bogus hardship withdrawals from their 401(k) accounts has been convicted, the Associated Press reported.
AllianceBernstein Manager for Vanguard Growth Offerings Replaced
Vanguard appointed new portfolio managers to the AllianceBernstein L.P. portions of the $4.8 billion Vanguard U.S. Growth Fund and the $314 million Growth Portfolio of the Vanguard Variable...
Sentinel Fills Sales Management Positions
Sentinel Investments, the investment management arm of National Life Group, said it has filled several key roles in its distribution channel.
NY Next to Target UBS
New York Attorney General Andrew Cuomo filed a lawsuit against UBS AG over its role in the sale of auction-rate securities, Bloomberg reported.
June Stock Fund Inflows Up Sharply
Stock and bond funds experienced net inflows of $20.2 billion in June, down from $34.9 billion in May, according to data from FRC.