Cetera Expands Retirement Business; Mercer Expands Leadership in Detroit Office; OneAmerica Names West Coast Relationship Executive.
Tag: Taft Hartley
2015 was the first calendar year since 2008 that institutional investors overall had a negative return.
Global equity returns weighed heavily on the median returns for all plan types in the third quarter, according to Wilshire Associates.
Bank of America is moving its $19 billion defined contribution (DC) plan, currently with Fidelity, to the Merrill Lynch platform.
The three primary lines of business in the former M&I Institutional Trust Services will be renamed to reflect their integration into BMO’s global businesses.
The median return of BNY Mellon’s U.S. Master Trust Universe was -1.47% for the second quarter, driving down performance for the typical fund to 5.65% year over year.