Subject Root Tag

Thanks to stagnant interest rates and lingering worries over the Eurozone and other developed markets, the exchange traded fund market in February grew 3.9%, or more than $44 billion assets, over the previous month, according to a snapshot report released by State Street Global Advisors.

The exchange-traded product market reached $1.72 trillion of assets at the end of February, up 12.8% year to date, according to the ETF Landscape report issued by the BlackRock Investment Institute.

Charles Schwab Investment Management, Inc. has filed paperwork with the Securities & Exchange Commission to launch active exchange-traded funds, which are getting a lot of buzz courtesy of PIMCO’s latest offering and iShares’ proposed fund.

Nuveen Fund Advisors and GuideStone Funds garnered the top group honors at the 2012 U.S. Lipper Fund Awards last night.

Alexander Rorke has joined Louisville-based Hilliard Lyons as senior vice president and director of public finance.

Symetra Investment Services has hired a new director of business development away from Lincoln Financial Network, the retail sales and financial planning affiliates of Lincoln Financial Group.

Investors are much savvier about retirement planning than commonly thought, at least when it comes to target-date funds, according to a research note from investment management company Vanguard.

Robert W. Baird & Co. has hired Morgan Stanley Smith Barney executive Mark T. Stevanovic to open the firm’s first wealth management office in Maine.

On the heels of Bill Gross’ latest active exchange-traded fund, BlackRock has thrown its hat into the active ETF space with a proposed offering of its own.

A senior Prudential executive is calling upon the government to promote the development of multiple employer plans, which allows many small employers to pool their resources together under a single defined contribution plan.

Morgan Stanley said it has placed broker David S. Walker on leave, after prosecutors said a 44-year-old mother of four accused of running a brothel had visited the firm to discuss an online prostitution venture.

Exchange-traded fund sponsor WisdomTree has launched a corporate bond ETF covering emerging market issuers across Asia, Latin America, Eastern Europe, Africa and the Middle East.

PIMCO’s All Asset All Authority institutional fund received a Gold rating this week from Morningstar Analyst Ratings. The PIMCO fund, managed by sub-advisor Rob Arnott of Research Affiliates, “had its many moving parts moving in sync in 2011,” according to a report by Morningstar analyst Kevin McDevitt.

J.P. Morgan Worldwide Securities Services has hired Stephanie Miller as global head of the alternative investment services business. In this new role, Miller will oversee strategy and direction for the Private Equity & Real Estate Services and Hedge Fund Services at WSS.

NYSE Euronext said its trading in derivatives has plunged 21.4 percent in one year, worldwide and its trading in U.S. stocks is also down 21 percent. And its trading in NYSE listed stocks now is less than half of what it was in 2009, at the height of the credit crisis.

J.P. Morgan Worldwide Securities Services has hired Stephanie Miller as Global Head of the Alternative Investment Services business.

PIMCO’s All Asset All Authority institutional fund received a Gold rating this week from Morningstar Analyst Ratings—the only fund to do so this week.

Here’s an interactive slide show detailing nine ways advisors can keep their clients from overspending throughout their retirements.

The Dow Jones Industrial Average rallied up 70.61 points to 12,907.94 Thursday on reports that Greece has all-but-resolved some of its lingering issues with private creditors to ensure the country avoids a disorderly default.

Exchange-traded fund sponsor WisdomTree has launched a corporate bond ETF covering emerging market issuers across Asia, Latin America, Eastern Europe, Africa and the Middle East.