Portfolio

The company calls the two sectors “important fixed income areas.”

Benjamin Gong and David Ferguson have joined the nearly $35 billion Maryland State Retirement and Pension System (SPRS) as senior investment analysts, Michael Golden, director of external affairs, told IMW.

New York Life is introducing an employee participant program that aims to personalize and simplify the retirement planning process.

PIMCO Tuesday announced two new exchange-traded funds, the PIMCO Build America Bond Strategy Fund and the PIMCO Investment Grade Corporate Bond Index Fund.

As a result of debt issues and fiscal deficits, BlackRock said Tuesday that it expects to economic recovery to be "meaningfully slower" in the second half of this year.

Eaton Vance Management Tuesday announced the launch of the Eaton Vance Global Macro Absolute Return Advantage Fund.

Eze Castle Integration said it has created a new subsidiary called Ledgex Systems to pull together performance data for managers of funds of hedge funds, pension plans and private equity funds.

Observers note the move comes amid intensifying competition among equity funds.

With so much money in motion as people change jobs, qualified-account conversions are the quick ticket for advisors looking to grow assets fast.

NEW YORK-Many investment firms dealing in complex asset-backed securities did not have sufficient computing capacity to figure out the risks they were taking, as the global financial crisis unfolded, said the managing director and chief technology architect of Bank of America Merrill Lynch Monday.