Managed Account Asset Diversity Means Rise in ETF Use >
August 16, 2010 -- A new Cerulli Associates report asserts that exchange-traded funds (ETFs) will gain an even stronger market foothold because of increased adviser-driven demand for asset diversity and flexibility in the managed account space.
AARP to Liquidate Mutual Funds >
July 23, 2010 -- AARP said it will liquidate its lineup of stock and bond funds.
Aon Explores Alternative Remuneration >
July 21, 2010 -- Aon Corp. announced today that it will resume accepting various forms of compensation for its brokerage business where appropriate.
ETF Assets Fall in June >
July 14, 2010 -- State Street’s latest ETF Snapshot reveals assets in the U.S. exchange traded fund (ETF) industry totaled approximately $772 billion as of June 30 – down $11.7 billion or 1.5% during the month.
Vanguard Touts Auto Design Advantages >
July 14, 2010 -- About a quarter of eligible defined contribution plans recordkept at the Vanguard Group are using Vanguard’s auto plan design, up from only about 1% in 2005.
Custom TDFs the Prime DCIO Opportunity >
July 13, 2010 -- Cerulli Associates contends the growth opportunity for defined contribution investment only (DCIO) asset managers lies within custom target-date funds built for large plans (those with between $100 million and $500 million) and mega plans (those with more than $500 million in assets under management).
Some Say Financial Planners More Important Since Financial Crisis >
July 13, 2010 -- A new national opinion poll conducted for Certified Financial Planner Board of Standards finds nearly two out of three Americans (65%) are more concerned about their finances today than they were at the beginning of the financial crisis two years ago.
Brand is the Thing >
July 09, 2010 -- Post-recession, asset management firms are finding that brand is key to attracting clients.
Reconstitution of Russell Global Index Completed >
June 30, 2010 -- Russell Investments has completed the annual realignment of the Russell Global Index and added 1,190 stocks to the equity benchmark.
Mutual Fund Flows Retreat in May >
June 24, 2010 -- Stock and bond funds experienced net outflows of $2.9 billion in May, according to data from the Financial Research Corporation (FRC).