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ETF Assets Drop in February
Exchange-traded fund assets declined in February, but have nonetheless increased 29.1% over the past year.
Collective Funds Next Trend in Plan Investments
A whitepaper presented by AST Capital Trust with contributions from Hewitt Associates claims the grip is easing on mutual funds’ reign as king of 401(k) plans investments.
Barclays Launches Five New ETFs
Barclays Global Investors (BGI) announced the launch of five new iShares international exchange-traded funds (ETFs).
Mutual Funds Make a Comeback in February
The combined assets of U.S. mutual funds increased by $14.37 billion, or 0.1%, to $11.742 trillion in February, according to data from the Investment Company Institute (ICI).
NJ Court Hears Challenge to Smith Barney Company Stock Forfeiture Policy
New Jersey Supreme Court justices are considering whether a Smith Barney company stock policy in which brokers who leave the firm before two years forfeit their rights to...
Many Have Access to Asset-Allocation Funds, But…
Almost 60% of retirement plan participants responding to a recent survey said they have an asset-allocation investment option in their plan.
U.S. Retirement Plan Assets Doubled in Last Decade
Retirement plan assets in the U.S. have nearly doubled in value since 1997, according to Watson Wyatt Worldwide’s 2008 Global Pensions Asset Study.
Merrill Launches CO2 Index
Merrill Lynch Global Research has introduced a new global emissions benchmark designed to provide investors with a “clear and balanced insight into the rapidly growing global CO2 emissions...
Seligman Slashes Plan Fees
Seligman is discounting retirement plan takeover fees for Seligman Growth 401(k) plans, the company announced.
Study Finds Gaps in Professional Wealth Management
The assets owned by high net worth individuals (HNWI) reached $50 trillion in 2007, according to a study of the global private banking and wealth management market by...
ProShares Offers Short and Leveraged Telecom ETFs
Two new exchange-traded funds (ETFs) from ProShares offer investors short or magnified exposure to telecom stocks.
MassMutual Launches Web Site to Recruit New Agents
Massachusetts Mutual Life Insurance Co. (MassMutual) has unveiled a new Web site that introduces career changers, industry veterans, and college graduates to a career with MassMutual via testimony...
Perspective: Emerging Challenges for Plan Management
There’s a growing recognition that retirement plan managers are under the gun because of new legislation as well as increases in employee mobility and auto-enrollment.
Fiduciaries May Have Disclosure Mandate Not Specified in Law
Federal regulators have contended that fiduciaries may still be legally required to disclose plan fees such as revenue sharing even if such a mandate is not explicit in...
Schwab Expands Managed Account Services Platform
Charles Schwab has enhanced its managed account platform to assist independent investment advisers who choose to outsource functions such as money manager research and portfolio construction.
FTSE Launches New Terror-Free Index Series
The FTSE Group and Conflict Securities Advisory Group (CSAG), a research provider in terror-free investment screening and certification services, have launched the FTSE CSAG Terror-Free Index Series.
Boomer Retirement Worries Grow, but Many Have not Taken Action
New research conducted by Harris Interactive on behalf of Longevity Alliance shows Baby Boomers’ worries over retirement savings have increased as economic indicators continue to trend downward, but...
SEI Opens Resource Center for Advisers
SEI has launched the SEI Advisor Resource Center (ARC), a Web-based marketing system for the SEI Advisor Network's more than 6,500 independent adviser clients.
Morningstar Portfolio Management Services Available on Schwab Platform
Schwab Institutional and Morningstar Investment Services have established a relationship whereby Morningstar’s portfolio management services will be available on Schwab Institutional's enhanced managed account services platform.
Nice Guise
They say that nice guys finish last, but a new study suggests a different conclusion.