Money Management Executive Latest News

Got downside protection? That's the question many 401(k) plan sponsors and investors are now asking.

The nation's stock exchanges and the Financial Industry Regulatory Authority are filing proposals that will trigger halts in trading, marketwide, more quickly, the Securities and Exchange Commission said. The changes are proposed for marketwide "circuit breakers," which key off drops in the Dow Jones Industrial Average.

In 2009, Citi's Investor Services, a business within the company's valued Global Transaction Services Division, placed a significant focus on changing its organizational structure with the goal of improving the overall client experience across the securities product suite. To execute on this vision, two separate, yet complementary, units were formed, the Client Executive Team and the Client Sales Management Team. The Client Executive Team was tasked with monitoring and driving client satisfaction, with the ultimate goal of deepening Citi's existing client relationships and reducing attrition. The Client Sales Management team was handed the responsibility of growing Citi Investor Services' overall market share and cultivating relationships with Senior Management at existing and prospective clients.

Janus has just launched a new online retirement income program for financial advisers, called Janus Time Segmentation Framework. The surprising part: it seems better designed for advisers than it does for their clients.

Northern Trust has named Marie Dzanis senior vice president and head of exchange-traded fund sales and servicing, in charge of the firm's FlexShares exchange-traded funds unit.

T. Rowe Price, TIAA-CREF, MFS and John Hancock Mutual Funds have won top honors in this year's 9th Annual Fund Operations Awards, this year renamed the NOVAs-as in innovation.

In a new report, “Volatility Responsive Asset Allocation, Russell Investments recommends that institutional investors use a dynamic asset allocation policy that varies as market volatility changes.

Van Eck says ETFs can reflect changes in industry sectors, whereas HOLDRS’ depositary trust structure is static.

Vanguard is changing the investment process for its four LifeStrategy series from a mix of active and passive management to an all-index approach.

401K GPS has launched it personalized 401(k) monitoring service, to ensure participants’ strategies fit their risk profile. While the service monitors portfolios on a daily basis, it issues quarterly recommendations on how investors should reallocate their holdings, based on retirement goals and market expectations. Should volatility in the markets become pronounced, 401K GPS will issue intra-quarterly alerts.