Tag: Investment Managers

The ABA Retirement Funds Program has launched what it calls "an enhanced investment structure" for program participants.

Charles Schwab is rolling out eight new ETFs with expense ratios matching or lower than its competitors at Vanguard, State Street, and Barclays.

Gilbert Van Hassel was named as global chief executive of ING Investment Management, days after ING announced that the division will be spun off as a separate company.

As many investors are still underweight equities, the logical thing to do is rebalance back toward equities, said David Kelly, managing director, chief market strategist for J.P. Morgan...

The American Funds Target Date Retirement series is making plans to add a new fund to the series.

Invesco Ltd. has entered into a definitive agreement to acquire Morgan Stanley’s retail asset management business, including Van Kampen Investments. 

First Mercantile Trust Company, a member of the MassMutual Financial Group, has found a new CIO. 

Envestnet has brought aboard James Patrick, former co-head of U.S. Distribution for Allianz Global Investors, to head Envestnet’s managed account program.

Putnam Investments has announced two senior appointments within its Global Distribution team.

Invesco has emerged in the lead to acquire the mutual fund business from Morgan Stanley’s Van Kampen, according to The Wall Street Journal.

Barclays Global Investors (BGI) will now offer its ETF Managed Solutions Guide on the Web, in addition to the hard copy.

The Hartford has released a new package of educational materials designed to help advisers teach clients about the finer points of fixed-income diversification.

T. Rowe Price now boasts an enhanced Web site for financial intermediaries.

In a move the firm said will “better position investors to realize their retirement savings goals,” the JPMorgan SmartRetirement Fund expense caps have been lowered.

Rampart Investment Management, an asset management firm specializing in option strategies, has appointed Richard R. Davis as senior vice president of sales and consultant relations.

Prudential Annuities, the domestic annuity business of Prudential Financial, Inc., announced Tim Seifert joined the company as a vice president and director of National Sales.

Lincoln Financial Distributors, the intermediary distribution company of Lincoln Financial Group, has announced John C. Kennedy has joined the firm as head of Retirement Solutions Distribution.

Financial risk should be redefined to be viewed as the potential to lose money, rather than the average return, said Tim Knepp, CIO of Genworth Financial Asset Management,...

Northern Trust announced that Anthony Wilkins has been named global head of Defined Contribution Sales and Service for its asset management arm, Northern Trust Global Investments (NTGI).

Westrock Group, Inc., announced that Dana Reed has joined the firm as head of marketing.