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Invesco PowerShares Capital Management has launched the PowerShares Global Short Term High Yield Bond Portfolio (PGHY) on the NYSE Arca.
June 21 -
Equity mutual fund investors added $1.5 billion while equity exchange-traded fund investors added $3.2 billion into their respective funds of choice for the week ended June 19, according to data from Lipper.
June 21 -
The addition of three sales directors in Miami, West Palm Beach and San Francisco are part of the wealth managers long-term campaign to boost its sales force by 50% by 2014.
June 21 -
Financial advisors are concentrating too much of their resources on baby boomers and not enough on the next generation of clients, suggests a new report from Cerulli Associates.
June 21 -
Two U.S. Senate aides nominated to join the Securities and Exchange Commission will get a confirmation hearing before the Senate Banking Committee on June 27, according to a Senate announcement today.
June 21 -
Its common knowledge that Americans arent saving enough for retirement. But just how large a deficit is startling.
June 21 -
The California Public Employees Retirement System, the largest public pension fund in the U.S. with approximately $260 billion in assets, has made a few changes to its investment fund lineup for the systems Supplemental Income Plans (SIP).
June 21 -
Assets in defined contribution plans flowed to target-date and international equity funds in 2012, according to a new tracking tool launched by the Defined Contribution Solutions group at Northern Trust.
June 21 -
To evolve and succeed, advisors have to make the transition from practitioners to business owners. As a result we've seen larger firms arising as advisors attempt to add scalability.
June 21 -
Morgan Stanley will buy the rest of its wealth-management joint venture with Citigroup Inc. as soon as next week, capping a four-year effort to reshape the investment bank into a more stable firm reliant on the retail- brokerage business.
June 21
