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WisdomTree Retirement Services, a unit of WisdomTree Investments of New York, is the latest firm to launch a platform designed for the 401(k) market that offers plan sponsors a combination of ETFs and mutual funds, or a selection of all ETFs combined into preset portfolios.
October 15 -
Pioneer Investments of Boston has undertaken a global initiative to bring its investment management capabilities to the developing markets of India and Russia. The goal is to be among the top five players in those two markets in three years.
October 15 - Money Management Executive
Los Angeles-based AIG Retirement Services launched a new online phase of its first national brand advertising campaign on Oct. 1.
October 15 -
It isn't often that mutual fund firms launch remarkable, truly unique new products. Certainly, exchange-traded, lifecycle, 130/30 and emerging-market funds have been among the most significant and popular offerings in recent years.
October 15 -
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- Money Management Executive
Websites of financial services companies offering retirement information are often more frustrating than helpful to consumers, according to a study by a group of website researchers.
October 15 -
In joining the parade of mainstream wealth managers starting alternative investments units, MFS Investments of Boston is making a long-term commitment to giving its institutional investors access to emerging hedge fund managers.
October 15 - Money Management Executive
Disappointed by returns, investors in many hedge funds will withdraw as much as $500 billion of their money, leading to the inevitable collapse of a number of hedge funds, the Financial Times reports, citing the predictions of hedge fund-of-funds manager Giles Conway-Gordon, a managing partner with Cogo Wolf.
October 12 - Money Management Executive
New research shows that 90% of large and mid-sized 401(k) plans offer target-date funds, but only slightly more than half of small plans have one or more target-date funds in their lineup.
October 12