- Money Management Executive
As more asset managers create exchange-traded funds, Charles Schwab has created a quarterly Schwab ETF Select List to help investors choose an ETF.
March 11 - Money Management Executive
Broadridge Financial Solutions has created a mobile proxy platform, ProxyVote, that is compatible with a wide array of mobile devices, including the iPhone, BlackBerry, Android and Microsoft tablets.
March 11 -
Lazard Asset Management has launched two new fixed income funds, the Lazard Emerging Markets Debt Portfolio and the Lazard U.S. Municipal Portfolio.
March 11 -
Loomis Sayles has launched the Loomis Sayles Absolute Strategies Bond Fund, which Natixis Global Advisors will distribute in the U.K. and Europe.
March 11 -
The MICG Investment Management of Newport News, Va., and barred its chief executive and majority owner, Jeffrey A. Martinovich, from the securities industry.The move, signaled in February and announced Thursday, follows what the independent regulator of brokers said was misuse of a hedge fund, for personal enrichment of Martinovich and general enrichment of the company.
March 10 -
The fund will invest in money market and investment-grade debt.
March 10 -
Lincoln Financial Group is recommending that workers use the 2% reduction in Social Security tax as additional retirement savings. It joins the company of The Hartford and ING which have made similar recommendations.
March 10 - Money Management Executive
Long-term funds took in $3.22 billion in the week ended March 2, the Investment Company Institute said.
March 10 -
Richard Davies is leaving AllianceBernstein to join Russell Investments as the head of its defined contribution business.
March 9 - Money Management Executive
Columbia Management on Wednesday announced the launch of a new advertising campaign showcasing three of its top-performing funds.
March 9