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State Street Global Advisors on Thursday began trading the SPDR Barclays Capital Short Term High Yield Bond ETF on the NYSE Arca. The new SPDR ETF offers investors access to high yield corporate bonds with short durations. Its annual expense ratio is 40 basis points.
March 16 -
The Retirement Plans Division of Mutual of Omaha is launching an online education system called SmartPlan Enterprise to provide risk tolerance and investment strategies to its participants.
March 15 -
Milwaukee, Wis.-based UMB Fund Services, Inc. today revealed a new milestone for its Investment Managers Series Trust, which has surpassed the $2 billion mark in net assets.
March 15 -
Prudential Investments has launched a long-term growth equity fund that invests in companies from a broad range of countries, including emerging markets.
March 15 -
Retirement executives at Fidelity Investments today have a few billion reasons to smile. Thats because the plan provider has renewed its contract with Raytheon Company, a technology and defense company, through 2017. The two companies have a 20-year relationship that began in 1992.
March 15 -
Russell Investments has launched two exchange-traded funds focusing on high dividend yield investments in American companies.
March 15 -
Van Eck Global is stirring up another exchange-traded fund in the form of the Market Vectors Global Chemicals ET, which will bet on U.S. and non-U.S. chemical concerns.
March 15 -
Kenneth Burd has joined Delaware Investments as vice president, head of internal sales, responsible for managing the 15-member internal sales desk, which supports the firm's retail sales efforts. Burd started his position on March 5.
March 15 -
On March 1, Bill Gross, co-founder of the Pacific Investment Management Company, officially crossed the line and fired his opening salvo in the exchange-traded fund business.
March 15 -
WisdomTree Investments, Inc. is visiting the NASDAQ MarketSite in Times Square on Thursday with Western Asset Management Company, a subsidiary of Legg Mason, to celebrate the launch of the WisdomTree Emerging Markets Corporate Bond Fund.
March 14