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Vanguard released findings of the investing behavior and performance of its 401(k) investors in 2008, showing remarkable resilience in the face of steep market declines.
August 20 -
QVC officials have reportedly finished their investigation into whether 200 employees falsified documents to try to take hardship withdrawals from their 401(k)s.
August 20 -
Mutual fund investors overcame gloomy indices in July and put a lot of money into domestic and overseas equity mutual funds, giving them record gains by several measures, according to Lipper’s Fund Flows Insight Report released on Wednesday.
August 20 -
Lincoln Financial Holdings has announced a deal to sell Delaware Management Holdings—which includes subsidiary Delaware Investments—to Macquarie Group.
August 20 -
Fidelity Investments said its assets under management have grown 9% since the end of 2008 to $1.4 trillion and that combining assets administered, it oversees $2.8 trillion, up 9% in that time.
August 20 -
Asia-focused hedge funds are increasingly setting up shop in China, rather than London, New York or Tokyo, and shifting more of their attention to the mainland than to the Pac Rim, Hedge Fund Research indicated in a report.
August 20 -
Cake Financial Thursday introduced a $99-a-year automated service that attempts to tailor a mutual fund portfolio to an investor’s existing holdings, salary, age and desired retirement age by showing them lower-cost, less risky and better-performing choices.
August 20 -
With news that the economy might be on the mend and that roughly two-thirds of employers are considering reinstating 401(k) matches in the next 18 months, it is not inconceivable that a new 401(k)/pension hybrid that becomes available to employers on Jan. 1, 2010 could gain traction, Kiplinger’s reports.
August 20 -
Senior banking and financial services executives believe strong profitability and revenues will return in 2010, but that their sector will lag the broader economy, KPMG found in a survey.
August 19 -
Global X Management launched the Global X FTSE Nordic 30 ETF on the NYSE Arca on Wednesday. The exchange-traded fund tracks the largest and most liquid companies in Sweden, Denmark, Finland and Norway through the FTSE Nordic 30 Index.
August 19