Tag: Mutual funds

Over the past couple of weeks, two retirement industry providers have introduced offerings they purport to be the next trend in the evolution of retirement plan offerings.

John Hancock Investments is contractually lowering expenses for nearly all funds with Class R6 institutional share classes.

Target-date funds had an average total return of 5.4% for the fourth quarter of 2013, according to Morningstar data.

Defined contribution (DC) plan participants saw average daily transfer activity increase in December 2013 over the previous month, according to the Aon Hewitt 401(k) Index.

The Standard reached an agreement with Access Data to bring defined contribution investment only (DCIO) reporting capabilities to its fund partners.

Saturna Capital Corporation has launched lower-cost institutional shares of the no-load Amana Income, Amana Growth, and Amana Developing World funds.

Nuance Investments, a classic value investment firm, has launched the Nuance Mid Cap Value Fund.

Investment management firm T. Rowe Price closed its New Horizons Fund and Small-Cap Stock Fund to new investors, along with similar portfolios for institutional clients.

Five target-date funds (TDFs) are among the nine funds launched by BMO Global Asset Management.

Henderson Global Investors launched the Henderson Unconstrained Bond Fund, a mutual fund that provides investors with a dynamic approach to fixed-income investing.

Fidelity Investments launched the Fidelity Advisor Event Driven Opportunities Fund for financial advisers and defined contribution plan sponsors as an investment-only option.

Total U.S. retirement assets reached $21.7 trillion at the end of September, up 3.9% from the $20.9 trillion measured at the end of the June.

Improving stock markets and strong inflows helped investors in stock mutual funds and exchange-traded funds (ETFs) earn nearly $2 trillion during 2013.

State Street Global Exchange expanded participation in the Wilshire Trust Universe Comparison Service (TUCS).

Asset management firm MFS launched two mutual funds designed to provide equity exposure with less overall volatility.

Twenty TIAA-CREF mutual funds are now available through the Merrill Lynch Wealth Management and Merrill Edge investment platforms.

The firm added its line of Northern Focused Portfolios (NFP) to the FDx Advisors Unified Overlay Management Program platform, run by FDx Advisors.

W.E. Donoghue & Co., Inc. (WEDCO) has launched the Power Dividend Index Fund.

The Aon Hewitt 401(k) Index showed six days of above-normal daily transfer activity during the month of October.