Compliance December 17th, 2024 Former WAMCO Exec Leech Pleads Not Guilty to Cherry-Picking Allegations Ken Leech is fighting accusations of making favorable trades for some clients at the expense of others.
Deals & People December 4th, 2024 Prudential Promotes Global Investment Leader Sullivan to CEO Charles Lowrey will remain chairman, with Andrew Sullivan running the insurer and asset manager and Jacques Chappuis taking over as...
Deals & People December 3rd, 2024 WAMCO Names New CEO as Former CIO Faces SEC Fraud Charges Thomas Gahan will now lead Western Asset Management Co., while former CEO James Hirschman becomes chairman.
Compliance November 27th, 2024 11 Republican AGs Sue BlackRock, State Street, Vanguard in ESG Case The 11 states, led by Texas, allege the asset managers have been undercutting coal companies and driving up electricity prices.
Compliance November 26th, 2024 SEC Charges Former WAMCO co-CIO With Fraud The SEC alleges Ken Leech engaged in a multi-year scheme to favor some clients over others through a practice known...
Client Service November 20th, 2024 Principal Launches Workplace Personal Investing Program for Mass Affluent The adviser solutions program started in Q3; meanwhile, the firm’s asset management arm will release its first passive TDF in...
Diversions October 30th, 2024 State Street Lands Guinness Record for Bell-Ringing Outside Nasdaq The asset manager got 533 people to ring the Nasdaq closing bell in celebration of serving everyday investors.
In Practice October 22nd, 2024 Larry Fink Sounds Alarm on US Retirement System Fink looks to other countries, such as Australia, for pension system models.
Client Service September 19th, 2024 Rate Cuts and Retirement Saving DC asset managers weigh in on what the Federal Reserve’s widely expected interest rate cut regime may portend for retirement...
Deals & People July 17th, 2024 Thornburg Investment Management Announces 2 Leadership Additions The firm named Billy Rogers as chief operating officer and Jodan Ledford as head of Institutional.
Deals & People July 2nd, 2024 BNY Taps Minaya as Global Wealth Head The former leader of TIAA’s Nuveen asset management division will start in the role on September 3.
Deals & People June 13th, 2024 Nuveen CEO Minaya Steps Down, President Huffman Takes Role William Huffman will take the CEO role for TIAA’s investment management division.
Client Service May 16th, 2024 NQDC Complications and Best Practices Experts point out common points of confusion plan administrators and participants should watch out for in nonqualified deferred compensation plans.
Deals & People April 16th, 2024 Victory to Acquire Amundi’s $104B U.S. Division The Paris-based asset manager Amundi will cede its U.S. business to Victory in exchange for a 26.1% stake in the...
Data & Research April 1st, 2024 Vanguard Surpasses BlackRock for Top Spot in Asset Management Brand Ranking The Broadridge Fund Brand 50 report shows the influence of brand on third-party fund selection.
Client Service March 13th, 2024 Why Defining Plan Goals is Key to Success Plan sponsors should articulate organizational objectives to derive optimal benefits from workplace financial wellness initiatives, say experts during a PLANSPONSOR...
Deals & People February 29th, 2024 Vanguard CEO Buckley to Step Down This Year The asset manager’s board will commence a search among internal and external candidates, while CIO Greg Davis has added the...
Products & Services February 29th, 2024 401(k) World: DCIO Managers Adjust to Fee Pressures The fourth story in this PLANADVISER In-Depth series considers how the rise of CITs and passive options have changed retirement...
Data & Research February 14th, 2024 Financial Advisers Less Optimistic Than Clients on Retirement Readiness Among those nearing retirement, 47% are as likely to use advisement services linked to their workplace plan as they are...
Products & Services February 8th, 2024 Product & Service Launches – 2/8/24 SEI signs on as trustee to Pictet collective investment trusts; Voya officially launches dual QDIA; and Standard Insurance Company bolsters...