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Four emerging nations could be the next BRICs: Turkey, Indonesia, Mexico and the Philippines, which we dub the TIMPs.
May 10 -
Institutional strategies are a wellspring of inspiration for retail product developers. One such idea that is making its way into the retail market is the supply of alternative investments.
May 10 -
ALPS is launching what it says is the first of its kind variable annuity product. The ALPS|Alerian Energy Infrastructure Portfolio delivers energy infrastructure and MLP-focused investments to the variable annuity market.
May 10 -
A new Franklin Templeton survey found that globally investors are optimistic about 2013, but are still wary of the potential for risk.
May 10 -
U.S. securities regulators are reviewing a proposal that would require the riskiest money-market mutual funds to adopt a floating share price, according to a person familiar with the matter.
May 10 -
Fidelity Investments has rolled out a target volatility strategy, the Fidelity VIP Target Volatility Portfolio. The portfolio seeks to manage total return volatility within a target range.
May 10 -
Fidelity Investments has rolled out a target volatility strategy, the Fidelity VIP Target Volatility Portfolio. The portfolio seeks to manage total return volatility within a target range.
May 9 -
Bruce Karpati, the former national chief enforcement officer of the SEC's asset management unit, has been named chief compliance officer for Prudential Investments.
May 9 -
Legg Mason filed with the SEC yesterday to launch the Western Asset Ultra Short Obligations Fund, which will be sub-advised by its subsidiary, Western Asset Management Company,
May 9 -
WisdomTree filed with the SEC yesterday to register the S&P 500 Managed Distribution Fund. The fund will track the price and yield performance, before fees and expenses, of the S&P 500 Managed Distribution Index.
May 9 -
Income, safety and international. Those are the key words when it comes to describing the most popular mutual fund categories.
May 8 -
MidAtlantic Trust Company said it had resolved record-keeping problems that have kept exchange-traded funds from being part of holdings in 401(k) and other retirement plans.
May 8 -
Principal has filed to launch the Capital Securities Fund in Class S shares.
May 8 -
Daniel Needham has been appointed global chief investment officer for Morningstar Investment Management and managing director for Morningstar Investment Management Europe.
May 8 -
Jeff Vinik, in a move that echoes his departure 17 years ago from the Fidelity Magellan Fund, is shutting his hedge fund after making ill-timed bets on gold and the direction of stocks.
May 7 -
Principal Life Insurance Co. plans to roll out a variable annuity called Principal Lifetime Income Solutions on Aug. 1.
May 7 -
UCM Partners, a New York City-based boutique asset manager specializing in residential and commercial mortgage-backed securities, will be launching the UCM MBS Total Return Fund, its second mutual fund.
May 7 -
Arrow Investment Advisors will be launching a new high yield bond ETF. According to a filing made with the SEC May 6, the company registered to launch the Arrow Global Enhanced HY Bond ETF.
May 7 -
Thomson Reuters has launched a proprietary index designed to measure trust in global financial institutions called the Thomson Reuters TRrust Index (TRust Index).
May 6 -
Morningstar has rolled out the next generation of Morningstar® Retirement ManagerSM, an advice and managed account service for defined contribution participants in the United States.
May 6