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A senior executive with FINRA sought to tamp down the concerns that many investment advisors have raised about empowering the self-regulatory organization with oversight of the sector, pledging that significant reforms would accompany any such transition.
October 5 -
Barclays Wealth has continued its hiring streak of U.S.-based professionals focusing on Latin American ultra-high-net-worth clients.
October 5 -
ING’s U.S. retirement division has launched iEnroll, mobile enrollment for 401(k) plans whereby participants can instantly enroll in their workplace retirement plan. iEnroll is available on mobile devices as well as through tablets that on-site ING enrollment specialists will have on hand.
October 5 -
ProShares has launched the first ETFs in the United States to provide magnified or inverse exposure to VIX futures.
October 5 -
WASHINGTON -- A top official with the Labor Department defended the controversial plan to expand the definition of "fiduciary" to cover people providing advice to retirement plans on a commission-based model, a proposal strongly opposed by industry groups representing independent broker-dealers and advisers.
October 5 -
Litman Gregory Fund Advisors has launched the Litman Gregory Masters Alternative Strategies Fund, a multi-manager, multi-strategy fund that offers investors diversified exposure to absolute return-oriented strategies.
October 5 - Money Management Executive
BNY Mellon Shareholder Services has launched Mobile Proxy Voting, enabling client companies to extend electronic proxy voting to smartphones, tablets and other web-connected mobile devices.
October 5 -
Russell Investments has launched four additional investment discipline exchange-traded funds, the new offerings focused on small-cap indexes. Russell’s investment discipline indexes take indexing to the next level by aiming to mirror the way equity managers invest.
October 5 -
Brown Advisory has launched the Brown Advisory Tactical Bond Fund, a fund focused on total return that, using a quantitative modeling process to track macro movements in bond sectors, will invest in fixed income—including tax-exempt municipal bonds, corporate bonds, U.S. Treasury bonds, Treasury inflation protected securities and cash equivalents.
October 5 -
On the heels of the success of its Keeley Small Cap Dividend Value Fund, Keeley Asset Management has launched the Keeley Mid Cap Dividend Fund.
October 5
