Portfolio

IndexIQ, an innovator in hedge fund replication and index-based alternative investments, has partnered with institutional consulting firm Rocaton Investment Advisors to bring alternative investments to small and mid-sized 401(k) plans. Rocaton has also made a minority investment in IndexIQ.

Across all income groups, retirement income from employer-sponsored retirement plans is more prevalent among retirees today than in 1975, when sweeping new retirement plan regulations were enacted, most notably the Employee Retirement Income Security Act, according to a report from the Investment Company Institute.

How are market conditions? Where are things headed? It all depends on who you listen to and whose surveys you trust.

Mark Notkin, portfolio manager of the $12.8 billion Fidelity Capital & Income Fund, the best-performing high-yield fund in the past five years, says the rally in junk bonds is over. His fund has delivered an average of 9.9% a year and is up 14% this year.

Erik Weisman, investment officer and portfolio manager at MFS Investment Management, had one question for journalists gathered at the firm’s 21st annual investment outlook: “Where’s the V?”

When it comes to hedge funds winning institutional business, the amount of resources dedicated to client service means everything and more, a study of mid-sized firms has concluded.

Asset managers are in a race to develop products that provide guaranteed retirement income, effectively duplicating annuities.

Franklin Templeton Investments announced Wednesday it has entered into a strategic relationship with Pelagos Capital Management, LLC, acquiring a 20% equity stake in the firm.

The ­Securities and Exchange Commission would violate the Tower Amendment and the principles of federalism if it applies its proposed rules on asset-backed securities to municipal bonds, 14 market groups warned this week.

The optimal combination of high corporate bond yields and budding investment returns for defined benefit plans was not evident in this year’s third quarter, as pensions’ worldwide saw an “offset of strong investment returns” due to the decline in yields, Towers Watson said.