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S&P Slates Two Real-Time Currency Indexes
Standard&Poor’s has announced the launch of two real-time currency indices that provide investors with exposure to emerging economic superpowers that currently lack a liquid currency futures market.
Pax to Launch KLD-Index Oriented Investment Products
Pax World Management Corp., investment adviser to Pax World Funds (Pax), and KLD Research&Analytics, Inc. (KLD), have entered into a licensing agreement wherein Pax will manage investment products...
401(k) Participants Still Fleeing Equities
In February, the weak stock market again led 401(k) participants to flee equity investments for fixed income funds, according to the results of the Hewitt 401(k) Index.
Move From DB Often Includes Improved DC Offering
Many employers who have followed the trend of moving from defined benefit to defined contribution retirement benefits have also beefed up their DC offering, but it is still...
MassMutual Study Touts Auto Plan Benefits
A new MassMutual study finds that plans using automatic features such as enrollment are apparently not be driving away participants with their auto deferral rates.
Scott to Lead Arizona Charge for 401(k) Advisors
401(k)Advisors, with $32 billion in collective assets under advisement through its Producer Services Unit, has appointed John L. Scott to the newly created position of Managing Director for...
Schwab Rebates Managed Portfolio Program Fee
Effective immediately, Charles Schwab is rebating the program fee on their professionally managed mutual fund portfolios.
Cooling Off Periods?
Conventional wisdom has long held that daylight saving time saves energy, but a new study suggests otherwise.
Affluent Investors Like Both Mutual Funds and Alternatives
Research by The Phoenix Companies finds affluent households invest significantly in both mutual funds and alternatives, and half plan to change their investment allocations in the next year.
New York Life Launches New Finance Site for Women
New York Life Insurance Company has launched a site for female consumers, providing them access to detailed information and organizational tools for helping meet financial goals.
Purchasing Power is Biggest Concern for Retirement
Thirty-seven percent of respondents to a recent survey indicated that the rising cost of living or inflation was their greatest concern regarding their retirement.
When Considering Target-Date Funds, Evaluate Design and Impact
A new research paper suggests those considering the addition of target-date funds to a retirement plan need to consider the funds’ glide path and whether the offerings should...
Perspective: Cost and Concentration: Pros or Cons in Target-Dates?
Target-date mutual funds, also called lifecycle funds, are exploding in popularity.
Bear Stearns Launches Actively Managed ETF
Bear Stearns Asset Management (BSAM) announced the launch of the first actively managed exchange-traded fund (ETF).
Workers Becoming Enthusiastic About Auto-Savings Programs
Nearly half (48%) of workers agree that employees should be automatically enrolled in their employer-sponsored 401(k) retirement plan with a standard savings rate, according to the latest Principal...
Dow Jones Creates 130/30 Investment Strategy Indexes
Dow Jones Indexes and Transparent Value LLC have launched the Dow Jones Required Business Performance (RBP) Index series, with indexes that measure the likelihood that a company can...
American Century Announces New Head of Institutional Business
American Century Investments announced Joseph P. Craven has joined the firm as senior vice president of its institutional business.
Schwab to Launch Monthly Income Fund Series
Charles Schwab has introduced a suite of funds designed to generate a targeted annual payout.
Schwab to Launch Monthly Income Fund Series
Charles Schwab has introduced a suite of funds designed to generate a targeted annual payout.
TD AMERITRADE and FundQuest Introduce New RIA Managed Account Solution
In conjunction with FundQuest, TD AMERITRADE Institutional is introducing Select Portfolio Solutions, a new managed accounts platform for registered investment advisers (RIAs).