Investments

It's been more than a year since Richard Davies joined Russell Investments as Managing Director- Defined Contribution.

The Dow Jones Industrial Average gained 32.01 points to finish at 12.534.67 Tuesday while the S&P 500 and Nasdaq added 6.27 points and 17.90 points, respectively.

On June 26, 2012, Manning & Napier has rolled out a suite of 10 actively managed target date funds which will invest in a variety of exchange-traded funds.

On June 26, 2012, State Street Global Advisors today released its mid-year exchange-trade fund report, dubbed 2012 ETF & Investment Outlook: Sinking or Swimming?

On June 26, 2012, The Aquila Group of Funds has hired Peter Warren as Regional Sales Manager covering the Northeast.

On June 26, 2012, Citi today said it has been awarded a contract renewal of its fund services to Victory Capital Management and to the Victory Funds.

For advisors and investors dying for better yields and greater investment flexibility, these seven dividend-focused ETFs could be worth a second look. Also see: 6 Simple (But Important) ETF Trading Tips 10 Gigantic Mistakes That Can Cripple Your Clients’ ETF Portfolios 10 Undervalued, Dividend-Paying Stocks 10 Dividend-Paying Stocks Your Clients Will Want

On June 26, 2012, Putnam Investments today unveiled a trio of new hires in the defined contribution investment-only and DC advisor-sold channels.

On June 26, 2012, United Technologies Corporation has taken the retirement income plunge with the launch of the Lifetime Income Strategy, a customized age-based default investment option designed by AllianceBernstein.

John Hancock has beat out Fidelity Investments and ING for bragging rights as defined contribution investment-only manager top dog, according to a study by Cogent Research.

The T. Rowe Price Personal App for iPhone and iPod touch provides investors the opportunity to manage their accounts and view fund information on the go.

Ask recruiter Michael Castine about the state of mutual fund hiring now, and he brings up the Brad Pitt movie "Moneyball."

New Rule G-43 requires that broker's brokers make reasonable efforts to obtain fair and reasonable prices when conducting secondary-market "bid-wanted" auctions.

Ask recruiter Michael Castine about the state of mutual fund hiring now, and he brings up the Brad Pitt movie "Moneyball."

The Dow Jones Industrial Average shed 138.12 points to close at 12.502.66 Monday while the Nasdaq and S&P 500 lost 56.26 points and 21.30 points, respectively.

On June 25, 2012, Hennessy Advisors, Inc. today revealed that the Board of Trustees of The FBR Funds trust has approved the proposed deal between the two fund firms.

On June 25, 2012, Fidelity Investments earlier this month launched the Fidelity Stock Selector Mid Cap Fund to bet on domestic and foreign growth or value stock issuers.

On June 25, 2012, Delaware Investments is beefing up its distribution with the addition of Bryce Bulman, who joined the firm as regional director supporting Chicago, a newly created territory.

On June 25, 2012, Sentinel Investments has made two key appointments to its senior sales team as well as the hiring of a new wholesaler.

“The past few years of market volatility have demonstrated the importance of guaranteed income in retirement,” said Alison Salka, LIMRA corporate vice president and director of retirement research,