Irene Park

Jim O'Neill, chairman of Goldman Sachs Asset Management, will retire later this year. 

While the bloom is still on the alternative mutual fund rose, 2012 hasn't been as kind to alternatives as in years past.

Brown Brothers Harriman launched a suite of ETFs designed to help clients access tools and reports through a single umbrella platform dubbed ETF Connect.

Schwab and Access Data, a Broadridge Financial Solutions-affiliated data management and analysis solutions provider, announced a new portal for mutual fund asset and sales data.

Fidelity Investments is lowering investment minimums on 22 equity, fixed income and enhanced index funds, and slashing total net expenses on eight of its Spartan Index funds.

Following the Malvern, Pa., company's announcement of 300 new hires in its Arizona office, the mutual fund giant has announced 354 new positions for its Pennsylvania and North Carolina offices as well.

Think you've got your target-date planning down pat? Think again.

Looks like the "ETF fee war" is waging on.

Strong networking is critical if advisors want to attract defined contribution plans, according to a white paper from Franklin Templeton.

ETFs saw assets up by 21.5% since last year as of the last day of October, attracting over $133 billion of inflows over the year. That's up from $99.8 billion as of October 2011.