Charles Schwab Investment Management, Inc. has announced the addition of the Laudus Growth Investors U.S. Large Cap Growth Fund, successor to the UBS U.S. Large Cap Growth Fund, to its Laudus Funds lineup.
Fringe Benefit Group, provider of group benefit plans designed for hourly and part-time workers, has added the Nationwide Retirement Clear Advantage platform as one of the investment plan options available to clients via The Contractors Plan.
Research by Rocaton indicates that despite credit market conditions that have created challenges for many stable value funds and for the stable value industry in general, the funds have remained a popular choice for defined contribution (DC) plan participants.
The Securities and Exchange Commission (SEC) on Monday charged Boston-based Evergreen Investment Management Company with securities law violations for overstating the value of a mutual fund that invested primarily in mortgage-backed securities.
Invesco Aim announced the launch of AIM Balanced-Risk Allocation Fund (ABRZX), which uses a proprietary risk management process with the potential to generate consistent returns in any economic environment.