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F-Squared Investments has created the AlphaSector AllWeather Indexes, which aim to serve as a new tool for retirement income and pension plan sponsor funding requirements by concentrating on minimizing downside risk. F-Squared is offering separately managed accounts tracking them, and is currently exploring other product options with several providers.
February 22 -
Many financial institutions are significantly underestimating the impact that new cost-basis rules will have on them, according to a study by research group TowerGroup and technology vendor Scivantage.
February 22 - Money Management Executive
Fidelity Investments expects its retirement assets to continue to increase this year as both employers and employees become more engaged with 401(k) plans.
February 22 -
Are recent changes to variable annuities making them harder to sell?
February 22 - Money Management Executive
Long-term mutual funds continued to attract assets, netting $406 million in the week ended Feb. 10, brining the past 48 weeks of sales to a total of $471 billion, the Investment Company Institute said.
February 18 - Money Management Executive
Emerging Global Shares, a company dedicated to emerging market exchange-traded funds and that so far has launched five ETFs, is introducing the China Infrastructure Index Exchange-Traded Fund, the first ETF focused solely on China’s infrastructure.
February 18 -
Exchange-traded funds, once the province only of institutional investors, are increasingly resonating with wealthy investors, The Wall Street Journal reports.
February 18 - Money Management Executive
HighTower, a financial advisory firm serving high-net-worth clients, has selected Fidelity Investments as the primary custodian for its news $500 million boutique, The Strata Wealth Management Group at HighTower.
February 18 - Money Management Executive
Citigroup has introduced the CitiDirect Performance and Risk Management Service, a risk-reporting middle-office application that uses heat-mapping visualization technology. It permits asset managers to aggregate multiple, manually generated reports into a single-information view.
February 18 -
American Funds has sold $187 million, or 99% of its original $190 million, holdings via three mutual funds in PetroChina shares, a company Investors Against Genocide has railed against for funding genocide in the Darfur region of Sudan. The latest SEC filings show the fund company’s holdings as of Dec. 31 at a mere $2.7 million.
February 18