Money Management Executive Latest News

Three-quarters of 260 employers that suspended 401(k) matches due to the recession have restored them, Towers Watson said in a report Wednesday. Of these companies, 74% have brought these matches back to the levels they were before the recession, and only 23% have brought them back at a lower level.

Eaton Vance has launched the Eaton Vance Multi-Strategy All Market Fund, a new fund that can invest in a broad spectrum of asset classes, including stocks, bonds and alternatives. The fund’s managers will employ fundamental analysis, quantitative portfolio optimization and risk management techniques.

Lincoln Financial Group has introduced Lincoln Alliance, a mutual fund retirement solution designed for small-to-mid-sized retirement plans with assets of $2 million or more. As typical of large plans, the offering includes independent fiduciary support from Ibbotson Associates, investment advice from Morningstar, a wide range of investment options from a lineup of 9,000 funds across 610 fund families, annual plan reviews and guidance on ERISA Section 404(c).

Be they young or be they old, people across America are worried about their financial prospects in retirement and the economic direction of the nation, a survey of Gen X, Gen Y and Baby Boomers by The Guardian Life Insurance Company of America found.

While 88% of mutual fund companies that Corporate Insight tracks offer materials on market volatility, only 40% organize this content into centralized outlets. This, Corporate Insight said, is “a key factor in determining firms’ effectiveness in communicating with clients and prospects during ongoing market instability.”

Flexibility. Tactical allocation. Macroeconomic analysis.

Affluent pre-retirees with investable assets of at least $100,000 are more comfortable staying in the market than they were two years ago, a report from Phoenix Marketing International shows.

IndexIQ has expanded its IQ series of 16 funds with the IQ Global Alternatives ETF Model Portfolio. The investment vehicle uses liquid, transparent, low-cost alternative exchange-traded funds to achieve diversification, growth of capital and low volatility.

In September, more money flowed into mutual funds than flowed out, breaking a three-month pattern of fund outflows, according to Cerulli Associates’ October report on product trends. Despite the reversal into positive territory, however, mutual fund assets remain at a yearly low of $7.4 trillion.

Highland Funds Asset Management has launched the Highland Alpha Trend Strategies Fund, a global fund that will invest in country- and region-specific exchange-traded funds as well as take long and short positions in equity indexes. The fund aims to invest in areas with low correlation and volatility.