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.
Asset manager Van Eck Global has launched a U.S.-listed exchange-traded fund (ETF) designed to provide investors with exposure to an index that tracks a basket of bonds issued in local currencies by emerging market governments.
First Mercantile has appointed Travis Cox the regional sales director in the Southwest.
The Securities and Exchange Commission (SEC) has proposed measures aimed at improving the regulation of mutual fund distribution fees and providing better disclosure for investors.
The majority of financial advisers (87%) expect income taxes to increase for most of their clients in the next 12 to 18 months, with one in four advisers (26%) predicting that their clients will increase charitable giving in order to offset tax hikes, according to a recent study by the Fidelity Charitable Gift Fund.