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Goldman Sachs Asset Management has just launched the Goldman Sachs India Equity Fund and recently debuted the Goldman Sachs Korea Equity Fund. The portfolios seek long-term capital appreciation by investing in local Indian and Korean equities.
June 30 -
When it comes to finding sub-advisory mandates, the size of the asset management firm is not a key consideration, according to a survey of 33 companies by Financial Research Corp.
June 30 - Money Management Executive
Asset management firms without hybrid wholesalers are missing out on opportunities to pursue additional business opportunities affordably—and profitably, according to Kasina’s study, “Excellence in Distribution: Hybrid Wholesaling.”
June 30 -
A trickle of corporate cash is beginning to flow into acquisitions, business launches and other capital expenditures, according to the 2011 AFP Liquidity Survey by the Association for Financial Professionals.
June 30 -
U.S. retirement assets rose 3% from year-end 2010 to $18.1 trillion as of March 31, the Investment Company Institute said.
June 30 -
While France has devised a plan to roll over Greece’s debts, and the Greek parliament -- in the face of a national strike and major protests -- just passed austerity measures requested by the European Union, these early signs that worst of the Greek debt crisis is over doesn't mean investors can relax and assume all is well.
June 30 -
After a brief recovery in May the State Street Global Investor Confidence Index fell back below 100 in June, losing 5.1 points to settle at 99.2.
June 29 -
In a recent survey of nearly 3,300 working Americans to determine current levels of retirement preparedness, Putnam Investments identified three key variables that boost workers’ retirement savings, regardless of their income: consistent, long-term saving, access to financial advice and workplace savings plans.
June 29 -
Couples approaching and even already living in retirement are struggling with communication, planning and management of their retirement finances, Fidelity Investments found in a May 2011 survey of 1,296 husbands and wives.
June 29 - Money Management Executive
The world’s top foreign exchange dealers are working on an industry-wide initiative to reduce the risk of a Flash Crash hitting the global currency markets.
June 29 -
Brinker Capital this week became the latest independent investment management firm to add a suite of exchange-traded funds (ETFs) to its defined contribution retirement plan offering, adding seven new ETFs that range from defensive fixed-income funds to aggressive equity-based funds.
June 28 -
One popular approach to retirement investing has long been bond ladders, but this tried and true method has always had a few drawbacks. One is inflation risk. Another is the difficulty of creating a diversified portfolio because of the minimum price for buying bonds.
June 28 -
Money and time are both precious commodities at family offices, and Fidelity Investments’ 140 single-family office clients were looking for ways to help their clients get on top of the administrative tasks involved in doing good.
June 27 -
Great-West Life & Annuity Insurance Company has appointed Sam Ghazaleh vice president of retirement solutions for its individual retirement account strategy, a new position.
June 27 -
Dalbar has introduced a registered fiduciary designation for 401(k) advisers, the 401(k) RF Designation, who have obtained the skills and training to perform at that level of care. Training for the designation is provided by qualified training organizations or through a self-study program.
June 27 -
The majority of Americans say they want and need income replacement projections for their retirement but most have neither access to that data nor an understanding of how to translate their 401(k) savings into a stream of retirement income, according to an online survey of more than 1,000 401(k) investors by J.P. Morgan.
June 27 -
Teucrium Trading, the issuer of six single-commodity exchange-traded products, has received an investment from private equity and venture capital firm Sun Mountain Capital.
June 27 -
Investors are interested in innovative investments that meet specific principals, according to a study by CREATE Research, commissioned by Citi’s global transaction services and Principal Global Investors.
June 27 -
Is a mutual fund company responsible for the statements made in a prospectus for one of its funds? Is the manager of the fund? Possibly not, in either case.
June 27 - Money Management Executive
The Financial Services Authority in mid-June sent out a letter to the top brass of over 200 wealth management firms in London telling them to clean up how they store financial and background data on retail clients. Many had apparently not been making suitable investment decisions for their customers.
June 27