Special Program Root Tag

Exchange-traded funds have become the latest investment product to fall under the Securities and Exchange Commission's radar.

NEW YORK—With deleveraging debt now the modus operandi of the U.S. economy, the “tailwind of economic growth has been taken away,” said Curtis V. Arledge, vice chairman and chief executive officer of investment management at BNY Mellon.

David Blaine is an illusionist, often referred to as a modern-day Houdini.

American workers are becoming more and more pessimistic about their retirement prospects, according to a new survey by Sun Life Financial, but those who have invested in annuities or hold long-term care insurance are decidedly more confident.

State Street Global Advisors this week launched its High Quality Green Bond strategy, giving investors a way to direct fixed-income investments to global climate solutions.

Tune out. That’s essentially the message from Eleanor Blayney, consumer advocate with the Certified Financial Planner Board of Standards.

FINRA this week issued an investor alert urging the roughly 30% of American workers who are not contributing enough to their 401(k) plans to receive a full employer match to step up their contributions in order to meet their eventual retirement needs.

Sales of asset managers slowed in the most recent quarter after an 18-month surge as fewer independent and foreign-owned firms changed hands, according to Sandler O'Neill & Partners LP.

State Street Global Markets' decision to reimburse a UK pension plan for overcharging for services related to transition management is the result of a double billing of the client, according to a letter sent by the firm to customers.

Payments to distributors is the largest single expense faced by mutual fund companies. And managing them effectively is crucial.

Van Eck Global has launched the Market Vectors Renminbi Bond ETF, a exchange-traded fund that offers exposure to Chinese renminbi-denominated bonds through the Market Vectors Renminbi Bond Index.

MFS Investment Management has launched an additional 401(k) module for financial advisers called “Building a Standout Approach.” The module helps advisers decide which content to present, and how to organize and structure it to various industries and audiences.

Here are the photos of the people who attended Money Management Executive's 2011 NOVA Awards presentation -- and the 2011 NOVA Awards winners. Below, see Doug Chittendon, President of TIAA-CREF, accepting the Innovation in Customer Experience Platinum Award from SourceMedia EVP and Managing Director Bruce Morris. For the complete slide show, click here.

Great-West Retirement Services has launched a marketing campaign this week to participate in the National Save for Retirement Week.

The Securities and Exchange Commission has designated the Financial Industry Regulatory Authority as the agency to develop and maintain the system for hedge fund advisors to to receive new registration forms for hedge fund advisers and established a filing fee of $150.

Vanguard announced that the small 401(k) plan service that it introduced last month for plans of up to $20 million in assets under management has been receiving a great deal of interest, particularly the platform’s concentration on low-cost index and target-date funds, and its “all-in” plan fees that include investment, recordkeeping and administration costs.

Ashmore Investment Management, an emerging markets specialist headquartered in London, has introduced the Emerging Markets Small Cap Equity Fund.

Congress is currently considering a bill that would permit 401(k) investors in danger of losing their primary home to foreclosure to use up to $50,000 or 50% of the balance, whichever is less, to prevent that from happening.

Investors withdrew $5 billion from U.S. stock and bond long-term funds in September, Strategic Insight reports. This was a "significant improvement" from August, when open-end and closed-end mutual funds (excluding ETFs and VA sub-accounts) were hit with $33.6 billion in outflows following the downgrade of the U.S. debt rating.

Mutual fund managers prided themselves on sticking to their investment mandates early on in the financial crisis of 2008. This, even as the average U.S. stock fund fell nearly 30% in value. They counseled investors to do the same. Three years later, there is a new direction for funds: the flexibility to go anywhere, to pay closer attention to macroeconomic and market trends, and to even hunker down in cash.