News

The global mutual fund industry is on pace for $850 billion in net inflows to stock and bond mutual funds in 2010, according to Strategic Insight (SI), an...

Northern Trust announced that it has enhanced its collateral management system to provide real-time access and transparent reporting of the daily over-the-counter (OTC) derivative collateral call process.

FolioDynamix and Scott & Stringfellow announced today the launch of a new unified managed account (UMA).

Exchange-traded funds saw net inflows of $13.1 billion in October, on the heels of September's inflows of $25.5 billion, according to the latest Morningstar data.

Investors contributed $26.8 billion to long-term mutual funds in October, about twice the previous month's tally, according to the latest Morningstar fund flow data.

More than one-third of Generation X and Y (Gen X/Y) investors surveyed by MFS Investment Management say their need for advice has increased since the downturn.

Morgan Stanley Smith Barney’s Global Investment Committee hosted a press briefing today to discuss its outlook for 2011.  

Nationwide Financial Services hired five Field Service Representatives (FSRs) for its private sector retirement plans sales force.

Lawyers representing Labor Secretary Hilda L. Solis have asked the 9th Circuit to overturn a three-judge panel's decision embracing the “presumption of prudence” standard often seen in employer...

Russell Investments and Axioma, Inc., a provider of tools for portfolio optimization and risk analysis, have collaborated to deliver a family of five factor-based indexes.

Lincoln Financial Group announced that Sharon Scanlon has joined the company as Vice President and Business Leader for the Large-Market Defined Contribution (DC) business.

Morningstar, Inc. announced that Peng Chen will be taking up the post, leaving his current role as president of Morningstar's Ibbotson Associates unit.

Ascensus is offering fiduciary liability insurance through its sister company, Crump Property and Casualty Insurance Services (Crump P&C). 

A recent survey revealed that plan sponsor perceptions of target-date funds, as compared to other QDIA options, are shifting.

PlanServe Data Systems released a Smartphone application, Relevant Pension Partner, for retirement plan administrators.

Charles Schwab Bank, a trust and custody service provider to 401(k) and other retirement plans, has added the Schwab Institutional Diversified International Trust Fund to its suite of...

John Hancock found that 88% of advisers have urged clients to get back in the investing game, but most are not heeding the advice.

Janus Funds and Pacific Life Funds will now be a part of FundVest, Pershing's no-transaction-fee mutual fund platform.

The Michigan Department of Treasury and TIAA-CREF Tuition Financing, Inc. announced a reduction in fees of the Michigan Education Savings Program (MESP).

Robert Reynolds, President and CEO of Putnam Investments, today discussed why he feels that this is the time for advisers and investors to adopt absolute returns...