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John Hancock has made its recently renamed "Retirement Choices At" series of target date funds available to retirement plan sponsors.
October 16 -
With an eye toward the future and likely also toward steering the Facebook generation toward its own website, Fidelity Investments launched a new app for Facebook, called FutureTimeline, which allows users to set long-term financial goals and track their savings toward shorter-term goals, like vacations or buying a new car.
October 16 -
London-based Northill Capital has agreed to buy a majority interest in Riverbridge Partners, a Minneapolis-based specialist investment manager of small, mid and large cap US equity growth portfolios for institutional and high net worth investors.
October 16 -
The fast-growing PIMCO Total Return ETF (BOND) hit yet another milestone last week in crossing the $3 billion mark in assets, Morningstar reports.
October 16 -
MFS Investment Management has expanded its Defined Contribution Investments Only specialist sales team from seven to nine, with the addition of new positions in the Mid-West and Southeast.
October 16 -
Neuberger Berman is bringing value investment management shop Glickenhaus & Co. and its $900 million in client assets for high net worth individuals and non-profit institutions into its fold.
October 16 -
FISCO Funds Management LLC, a U.S.-based family of alternative investment managers, and OP 8 Analytics is teaming up to launch a new investment management company, CARF Management.
October 16 -
In the past three years, bond funds have been raking in the assets, but experts say there "a fairly unusual disconnect between returns and flows."
October 16 -
In the past three years, bond funds have been raking in the assets.
October 16 -
FISCO Funds Management LLC, a U.S.-based family of alternative investment managers, and OP 8 Analytics is teaming up to launch a new investment management company, CARF Management.
October 15 -
Neuberger Berman is bringing value investment management shop Glickenhaus & Co. and its $900 million in client assets for high net worth individuals and non-profit institutions into its fold.
October 15 -
More than 4,000 shareholders in Baron Funds crammed into the Metropolitan Opera House at Lincoln Center in New York City last Friday to hear investment and market analysis along with songs belted out by Celine Dion, Harry Connick, Jr. and others.
October 15 -
Last month, the Board of Trustees of the Huntington Funds voted to close and liquidate the Huntington Macro 100 Fund, according to a Securities and Exchange Commission filing.
October 15 -
Fidelity Investments has named Papillion, Nebraska, as the site for its new $200 million data center, which it plans to have constructed and operating by 2014.
October 15 -
For planners seeking clues into U.S. consumer behavior this shopping season, a new survey detects optimism for both retailers and consumers, 62% of whom said they will spend as much or more as they did last holiday season.
October 15 -
The $696 million Invesco Balanced-Risk Commodity Strategy Fund is closing to new investors on November 15, according to a Securities and Exchange Commission filing.
October 15 -
The Charles Schwab Corporation has agreed to buy ThomasPartners, a dividend income-focused asset management firm with $2.3 billion in assets, for $85 million in cash and additional payments contingent on future growth in assets.
October 15 -
PerTrac, a provider of analytics, reporting and communications software for investment professionals, released a new report this week detailing the success of hedge funds during years in which the entire sector posted negative performance results.
October 15
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Citigroup Inc., the third-biggest U.S. bank, reported a surprise profit of $468 million for the third quarter, helped by a $582 million tax benefit and bond- trading revenue that beat analysts estimates.
October 15 -
Go West (and go soon) for Dynasty Trusts. The top states for these products are South Dakota, Alaska, Nevada.
October 15

