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Opportunity Exists to Grow IRAs Through Plan Rollovers
The engine of growth for traditional IRAs is being powered by qualified plan rollovers and not new contributions, according to a new data analysis from the Washington, DC-based...
AllianceBernstein Promotes New Head of DC Business Development
AllianceBernstein Institutional Investments announced Tuesday that Sharon French has been named as managing director of defined contribution business development and client relations.
Admired Companies Love NQ Plans
Nearly all (92%) of the 276 US companies described as “most admired″ offer a non-qualified plan in their executive benefit package, according to a study by the Todd...
Emerging Markets Best Performer in 2006
The world’s emerging and developed markets continued to stay in positive territory in December, making a full year of positive results as oil prices remained low, Standard&Poor’s said.
BISYS Selects Mrak for SMA Post
BISYS Fund Services has tapped Joseph Mrak as senior vice president and general manager for its managed account outsourcing business, WealthSolutions.
Morningstar Unveils Fixed-Income Indexes
Morningstar, Inc. plans to come out with a family of fixed income indexes, which can be licensed to institutions for the creation of investment vehicles including such things...
Morningstar Unveils Fixed-Income Indexes
Morningstar, Inc. plans to come out with a family of fixed income indexes, which can be licensed to institutions for the creation of investment vehicles including such things...
M Benefit Solutions – Bank Strategies Expands Presence in the West
M Benefit Solutions - Bank Strategies has added Corrigan&Company to its lineup of Community Bank Advisor Firms.
End of the Road for SSGA’s streetTRACKS
The investment management arm of State Street Global Corporation is rebranding its exchange-traded funds (ETFs), ending the streetTRACKS label and consolidating under the SPDR brand, in an effort...
John Hancock Offers Advisers Two New Fund of Funds
John Hancock Funds has announced the launch of two new fund of funds products available to retail investors through their financial advisers: the John Hancock International Allocation Portfolio...
UBS Securities LLC Gets New CEO
Teresa Mullett Ressel has been appointed as the new Chief Executive Officer of UBS Securities LLC, the US broker-dealer unit of UBS Group Americas, the company announced today.
Mutual Funds See Decrease in Fund Flows for November
Stock and bond funds experienced net inflows of $17.4 billion in November, down from the $29.8 billion they brought in the month before, according to monthly data from...
A Look Back at Historical Performance
New data published by Morningstar offers a historical perspective on the market returns of major asset classes.
Deutsche Bank, PowerShares Launch 7 New ETFs
Deutsche Bank and PowerShares Capital Management LLC have announced that seven PowerShares DB Commodity Sector exchange-traded funds have been listed on the American Stock Exchange.
ThomasLloyd Group Launches Asset Management Group
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...
Participants in Tax-Exempt Market Accumulate Less Savings than Corporate Peers
Tax-exempt sector employees, those in the higher education, health care, government, foundations, and faith-based organization sectors, have saved an average of $48,000 in their defined contribution (DC) plans,...
Workers Want Access to DC Plans
A majority of private industry workers would opt to participate in a defined contribution plan if their companies offered them, according to a recent Department of Labor report.
Combs to Head Vanguard Strategy Operation
Ann Combs, who helped shape national pension and employee benefit policy during five years as head of the Employee Benefits Security Administration (EBSA), will be taking a new...
Mellon Releases Target Maturity Funds
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 Awards Gold Medals to Three Fund Managers
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...