The stock market rally that continued throughout the second quarter ended the string of six consecutive quarters in which the average target-date fund lost money, according to the...
U.S. stock and bond mutual funds generated the best quarter of long-term fund inflows in more than two years during the second quarter of 2009, according to Strategic...
U.S. equity brokers said the pool of commission dollars they earn on institutional trades of domestic equities could fall this year by 23%, back to 2007 levels.
The economic crisis erased just under $10 trillion in professionally managed assets in 2008, with the bulk of the decline seen in the final quarter, according to Cerulli...
A new report from Finadium suggested that asset managers have learned from hedge funds that investors seek a wide variety of risk and reward characteristics in their investment...
Zep Inc. will begin contributions to its employees’ 401(k) retirement accounts this month, nearly six months after it suspended them as part of a plan to return to...
As if American International Group (AIG) hasn't been picked on enough, late yesterday the New York Stock Exchange (NYSE) posted a notice of suspension and delisting for AIG...
At a time when employers changing their 401(k) match typically focus on their existing workforce, one Nebraska employer has trimmed its match for new hires only.
The global economy remains fragile, but the worst of the recession “is now in the rearview mirror,″ said Robert Doll, vice chairman and global chief investment officer of...
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...
In a joint hearing on target-date funds before the Department of Labor (DoL) and the Securities and Exchange Commission (SEC), witnesses were in favor of the use of...
Target-date funds’ allocations among stock and bond subclasses were among the primary determinants of the funds’ performance, new Vanguard Group research found.
BlackRock, Inc. says it has executed a purchase agreement to acquire Barclays Global Investors (BGI), including its iShares exchange-traded fund (ETF) platform.