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Whats attractive to the crowd with more $500,000 in investable assets? Investment research from their advisers, apparently.
July 30 -
The Securities and Exchange Commissions Office of Compliance Inspections and Examination released a new ComplianceAlert recognizing common flaws and weaknesses among mutual fund companies.
July 28 -
Pershing Limited, an affiliate of the subsidiary of The Bank of New York Mellon Corporation, Pershing LLC, recently announced the addition of four mutual funds to its Nexus Funds platform.
July 28 -
New income and precious metals funds are now available for Canadian investors within Investors Group (IG). They are the Putnam U.S. High Yield Income Fund and IG Mackenzie Global Precious Metal Class.
July 28 -
Investors looking to hedge the continuing slide of the U.S. dollar may want to consider investing in one of Rydexs eight CurrencyShares exchange-traded funds.
July 28 -
John Hancock Variable Annuities has launched a new value-added program that aims to help advisors expand their business by developing guaranteed retirement income plans for their clients.
July 28 -
Nearly 80% of fund administrators are concerned with the manual process in current use for reporting and documenting fund information, according to a survey recently released by data management firm Confluence.
July 28 -
Despite difficult market conditions, Americans continued to save more for retirement last year, according to the Investment Company Institute.
July 28 -
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The Department of Labor on Tuesday proposed requiring 401(k) plan fiduciaries to supply investors with standard account summaries that will clearly state fees, expenses and any administrative costs such as legal, accounting and recordkeeping charges-in actual dollars. Plans will also have to provide performance figures and comparable benchmark returns, information on investment options and how to obtain more detailed information, including education and/or advice.
July 28