-
51% of pre-retirees and retirees with incomes between $25,000 and $75,000 had not been contacted by any kind of retirement professional in the past 12 months.
April 4 -
The Conference Board Employment Trends Index rose in March, its sixth straight monthly gain. Now at 100.9, it is up from 100.3 in February and has gained 8% from a year ago.
April 4 -
Moody’s Investors Service has lowered its outlook on Fidelity Investments from “stable” to “negative.”
April 4 -
A majority of employees are looking for more guidance from their employers regarding their workplace retirement plans and their retirement goals, according to a white paper and study released Monday by the ING Retirement Research Institute.
April 4 -
Fidelity Investments has increased the size and capabilities of its London fixed income office, enhancing its ability to service institutional clients through Pyramis Global Advisors as well as Fidelity’s mutual fund clients in the U.S.
April 4 -
A majority of Americans find retirement planning confusing and want additional help, a study by the ING Retirement Research Institute conducted by the Boston Consulting Group found.
April 4 -
Goldman Sachs Asset Management has launched the Goldman Sachs High Yield Floating Rate Fund. It invests in below investment-grade, floating-rate loans and other variable-rate securities issued by U.S. and foreign companies. The fund’s investment objective is to generate a high level of current income.
April 4 -
Columbia Management has launched two absolute-return funds, the Columbia Absolute Return Multi-Strategy Fund and the Columbia Absolute Return Enhanced Multi-Strategy Fund. Both funds use multiple strategies to reduce portfolio volatility.
April 4 -
TD Ameritrade has opened its five fund-of-fund portfolios, the Amerivest ETFs, to include exchange-traded funds. Previously, the portfolios only invested in mutual funds.
April 4 -
McKinsey says China will grow more slowly than expected; Barclays comments that bad news on U.S. core capital goods does not indicate a sharp slowdown and Latin American countries finances look sound; Janney Scott sees stock buys in Japan; and Among mutual funds, S&P has high marks for Berwyn Fund, Wells Fargo Advantage Growth Fund, and Loomis Sayles Small Cap Growth Fund.
April 4

