Second quarter returns of the world’s emerging markets outpaced that of the developed markets, according to Standard&Poor’s global stock market review, The World By Numbers.
Ibbotson Associates has received a patent on its portfolio creation technique for individual investors based on the concept of human capital - an investor’s future potential savings.
MassMutual Retirement Income (MMRI) has tapped Douglas. G. Russell, 47, as senior vice president, chief operating officer (COO) and chief financial officer (CFO).
The Guardian Insurance&Annuity Company, Inc. (GIAC) has announced it is now offering plan sponsors a managed account as a qualified default investment alternative (QDIA).
FundQuest has rolled out a platform that enables financial advisers to deliver advanced planning, implementation, and monitoring services to help investors achieve sustainable income during retirement.
The Securities and Exchange Commission (SEC) has filed a proposed plan to distribute money in a Fair Fund as part of the agency’s market timing case against INVESCO...
Through an arrangement with Morningstar Associates, LLC, Prudential Retirement has created an in-plan asset allocation option that provides a guaranteed withdrawal benefit.
The Securities and Exchange Commission (SEC) on Wednesday announced a $37 million payout to more than 300,000 investors who were harmed by Columbia Funds’ fraudulent mutual fund market...
Although a majority of defined benefit plan sponsors have either closed the plan to new hires or frozen it for all participants in the last two years, most...
NASD announced on Wednesday it has fined Securities America, Inc. of Omaha, Nebraska, $375,000 for improperly sharing directed brokerage commissions from a mutual fund company with Michael Bullock,...
As high net worth individuals (HNWIs) develop an increasingly more global outlook with diversified interests, ‘investments of passion’ have become an important portfolio allocation.
Claymore Securities, Inc. has announced the launch of two new exchange-traded funds (ETFs), the Claymore/Zacks Country Rotation ETF (CRO) and the Claymore/Zacks International Yield Hog Index ETF (HGI).
With bills pending in both the U.S. Senate and House encouraging employers to sponsor auto-enrolled IRAs, an AARP-sponsored study says such a vehicle would help as many as...
Legg Mason, Inc. has announced the launch of two new separately managed account products for retail investors to access Western Asset Management's Core and Core Plus strategies.
The Principal Financial Group has introduced Financial Security Review, a tool for annual financial checkups that pulls together information from a variety of sources into one comprehensive package...