After nearing record deficits at the end of June, U.S. pension plan funded positions have recovered modestly during July thanks mostly to rising equity markets, according to Mercer.
Stock and bond funds experienced June net inflows of $25.5 billion according to new Financial Research Corporation (FRC) data.
Charles Schwab has announced the launch of three bond ETFs, adding to a suite of eight equity Schwab ETFs.
Bank of Hawaii’s Investment Services Group is now offering its clients an open architecture unified managed account (UMA) that can integrate multiple products.
Through a strategic alliance with Mid Atlantic Financial Platforms, Inc. (MAFP), DailyAccess Corporation is now positioned to offer exchange traded funds (ETFs) in employee benefit plans.
Natixis Global Associates (NGA) has unveiled a mutual fund in conjunction with Westpeak Global Advisors.
Genworth Financial Wealth Management (GFWM), a subsidiary of Genworth Financial, Inc., has added Eaton Vance as a Portfolio Strategist for client accounts.
Symetra Life Insurance Company announced its Daily Value Fixed Account (Daily Value) feature for retirement plans is now available on the CPI Qualified Plan Consultants, Inc., retirement program platform.
The investing environment for the next 10 years won’t match the boom conditions of the 1980s and 1990s, but will be much better than that of the decade just ended, according to “10 Predictions for the Next 10 Years” developed by Robert C. Doll, Vice Chairman and Chief Equity Strategist for Fundamental Equities at BlackRock, Inc.
Invesco PowerShares announced that effective August 2, 2010, the PowerShares High Yield Corporate Bond Portfolio (PHB) began tracking the RAFI High Yield Bond Index and was renamed the PowerShares Fundamental High Yield Corporate Bond Portfolio.
Fidelity Investments has released research data that finds varying investor reaction and behavior to the ongoing market volatility.
Janus Capital Group has unveiled the Perkins Value Plus Income Fund (JPVAX).
For the quarter ended March 31, 2010, the State Street Private Equity Index posted a 2.22% return.
Exchange traded fund (ETF) industry assets in the U.S. decreased 0.4% during the first half of 2010, as investors held $772 billion in 897 ETFs as of June 30, 2010, according to State Street Global Advisors (SSgA).
Barclays Capital has announced the launch of Barclays Retirement Income Notes.
The general investing public has realized that costs matter when selecting mutual funds or exchange-traded funds (ETFs), according to a recent Vanguard Group study.
Putnam Investments has hired a recognized academic to help drive development of a new generation of investment products aimed at mitigating investment risk factors.
The Hartford announced several changes to the 529 College Savings Program it manages for the State of West Virginia.
Bank of America Merrill Lynch has unveiled its premium algorithm, ETF-aX.