Most advisers believe the American Dream is alive, but that Millennials will have a harder time attaining the economic status of their parents, a study found.
An alliance between RPG Consultants and Main Management LLC will enable plan sponsors to utilize RPG’s technology and Main Management’s portfolio management capabilities.
Long-term mutual fund inflows were just $20.7 billion in August, as open-end U.S. stock funds tallied yet another month of outflows, losing $14.3 billion.
The search for safety led to bond fund demand across a spectrum of corporate and U.S. government funds, high and low credit quality, and global bond strategies.
Exchange-traded fund (ETF) providers compensate for the lack of live data on new funds by using an index’s back-tested data to predict performance, a report found.
Invesco PowerShares Capital Management LLC announced the anticipated listing of the PowerShares DWA SmallCap Technical Leaders Portfolio on July 19, on the NYSE Arca.