-
Jackson National Life Insurance Co. has created a variable annuity portfolio construction tool for advisers. It guides them in selecting sub-accounts for each client, thereby customizing retirement income solutions.
March 23 -
The market for retirement income products is expanding, according to a new report from Financial Research Corp., “Cracking the Code to Retirement Income: Key Developments and Opportunities.”
March 23 -
Charles Schwab has launched the Windhaven Portfolios, three broadly diversified separately managed accounts based on the assets and intellectual property of Windward Investment Management that Schwab acquired in November 2010.
March 22 -
Prudential Investments has launched two new real estate funds, the Prudential U.S. Real Estate and the Prudential International Real Estate funds, complementing the existing Prudential Global Real Estate and Prudential Real Assets funds.
March 22 -
Virtus Investment Partners has launched three new funds: the Virtus Allocator Premium AlphaSector, the Virtus Global Premium AlphaSector and the Virtus Global Commodities Stock funds.
March 22 -
Putnam Investments by midyear is planning to roll out three retirement income funds specifically designed for defined contribution plans, IRAs and other retirement accounts. The funds will be offered in conjunction with a planning tool to help both advisers and investors create a range of personalized income strategies.
March 22 - Money Management Executive
Chris Perretta and a project team at State Street are putting in place an "infinitely scalable software mainframe."
March 22 -
Alternative investment funds which need to register with the Securities and Exchange Commission for the first ttime will find it a costly process, according to research firm Aite Group.
March 21 - Money Management Executive
MFS Investment Management’s “Investing Sentiment Survey,” the first of three surveys that it plans to release this year, found a tremendous disconnect between what advisers think are investors’ views toward the market and what their actual perceptions are.
March 21 -
Charles Schwab Corp. said it will acquire the online brokerage optionsXpress Holdings for $1.0 billion.
March 21