According to the latest ETF Snapshot report by State Street Global Advisers (SSgA), as of November 30, assets in the U.S. exchange-traded fund industry totaled approximately $739 billion,...
New York Life Investments said it is expanding its defined contribution investment only (DCIO) efforts through its lineup of stand-alone stable value products to third parties.
PIMCO announced that it hired Neel Kashkari, the former czar of the Troubled Asset Relief Program (TARP), as well as two portfolio managers from Franklin Templeton Investments.
Northern Trust's asset management arm, Northern Trust Global Investments (NTGI), has selected seven emerging and minority/women-owned broker/dealers for its list of preferred equity trading partners.
MFS Investment Management (MFS) has added three new members to its Defined Contribution Investments (DCI) group to focus its sales and relationship management efforts in various DCI market...
The Financial Research Corporation (FRC) predicts that if the market remains stable and does not go through another crisis within the next five years, sub-advised mutual fund and...
Family health problems have prompted an executive in Fidelity Investments’ workplace investing client management group to take a leave of absence starting at the end of the year,...
While exchange-traded-fund (ETF) assets will continue to grow rapidly, ETF providers see 401(k) accounts as a continued challenge, according to Cerulli Associates.
With the new Roth Conversion laws set to go in place January 1, Fidelity Investments said it offers an online Roth IRA conversion calculator for its independent registered...
The state of Oregon has reached a $20-million settlement with MassMutual Financial Group's OppenheimerFunds Inc. of losses in a bond fund in the state's 529 college-savings plan.
PineBridge Investments is the new brand name of the former asset management and investment advisory business of American International Group, Inc. (AIG).
Two months after his announced retirement from Bank of America Merrill Lynch, Steve Bodurtha has joined Citi Private Bank as managing director and head of investment for North...
New York Life Investments has appointed David Giannini, James (Val) Van Deventer, and Deborah Vince as regional vice presidents in its DCIO unit, the company announced.