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Americans held $5 trillion in all employer-based DC retirement plans on September 30, of which $3.5 trillion was held in 401(k) plans, according to data from the Investment Company Institute.
December 19 -
The old-school model of hiring an investment consultant to dispense advice to sponsors of pension funds and endowments about prospective investment managers is passing away.
December 19 -
Belinda Sherman has been promoted to president of The Huntington Investment Company, reporting to Steven Short, director of Huntington Wealth Advisors.
December 19 -
Investors penchant for income and total return and a return to equities will fuel the next wave of exchange-traded fund product innovation in 2013, according to State Street Global Advisors latest ETF report.
December 19 -
Asset managers are largely using social media to promote their brands, according to the latest research from Cerulli Associates.
December 19 -
Cornerstone Advisors has selected SEI to launch a series of multi-manager mutual funds through SEI's Advisors' Inner Circle (AIC) Fund series trust offering.
December 19 -
Cornerstone Advisors has selected SEI to launch a series of multi-manager mutual funds through SEI's Advisors' Inner Circle (AIC) Fund series trust offering.
December 18 -
State Street Global Advisors is prepping three new SPDR exchange-traded funds to launch early next year.
December 18 -
Asset managers are largely using social media to promote their brands, according to the latest research from Cerulli Associates.
December 18 -
Investors wanting in on one Eaton Vance Management fund better buy up now.
December 18 -
The Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and shutter three exchange-traded funds because of their inability to attract sufficient investment assets.
December 18 -
All of a sudden, everyone wants to give the retail investor a break.
December 18 -
Firms aren't done with their acquisitions for the year yet, as evidenced by Schroder Investment Management North America's deal.
December 17 -
The Charles Schwab Corp. has closed its acquisition of ThomasPartners.
December 17 -
Morningstar today reported that stock mutual funds shed another $14.1 billion in November and are on pace to surpass 2008s record outflow of $96.7 billion.
December 17 -
Arden Asset Management has expanded its offerings of customized hedge fund solutions.
December 17 -
Putnam Investments has created a new, dedicated Defined Contribution Investment-Only website to further bolster its DCIO business.
December 17 -
AdvisorShares today officially announced that the Pring Turner Business Cycle ETF will open for trading on Wednesday, December 19.
December 17 -
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Fiscal cliff? What fiscal cliff?
December 16