ThomasLloyd Holdings plc has announced that the combined asset management divisions of US-based Illington Fund Management LLC and European-based DKM Asset Management AG are now operating as ThomasLloyd...
Mellon Capital Management Corporation has launched the Mellon Capital Target Maturity Funds, a group of portfolios designed to systematically adjust investors' asset allocation as they approach their projected...
Morningstar, Inc.’s three 2006 Fund Managers of the Year are “familiar names″ who have run funds recommended by the fund rating company for years, according to a press...
Jefferies&Company, Inc has announced the introduction of 20 proprietary equity indices to track the performance of small- and mid-cap companies, both domestic and global.
The total combined assets of the nation's exchange-traded funds (ETFs) climbed 3.5% to $396.73 billion in November, according to an Investment Company Institute (ICI) news release.
The New York Stock Exchange and the Nasdaq will be shut down January 2 for a national day of mourning for the death of former President Gerald Ford,...
Evergreen Investments, a unit of Wachovia Corporation, agreed to pay a $4.2 million civil penalty to settle National Association of Securities Dealers (NASD) allegations that it adopted improper...
The Department of Labor’s (DoL) September proposal governing qualified default investment alternatives (QDIAs) evoked applause from the retirement industry, but that approval was soon followed by a flood...
Fidelity Investments launched four new sector funds Tuesday available through financial advisers, increasing the total of Fidelity Advisor funds to 92, including 14 sector funds or Focus Funds.
With the Dow Jones Industrial Average at new record levels and the S&P 500 at highs not seen since 2000, 401(k) participants have begun to respond and net...
Returns from the world’s emerging and developed markets stayed in the black in November as oil prices remained significantly below their summer highs, Standard&Poor’s said Tuesday.
A recent survey from New York Life Investment Management (NYLIM) found participants confident in their 401(k) investment decisions, but still not sure their savings will last in retirement.
Stock and bond funds experienced net inflows of $29.8 billion in October, led by International/Global funds with net inflows of $14.4 billion and Domestic Equity funds with an...