Product & Service Launches

STOXX Collaborates with SEI and Factor Indexing Pioneer

STOXX Ltd., part of the ISS STOXX group of companies, announced a collaboration with financial technology, operations and asset management service provider SEI and factor investing pioneer Andrew Ang, ahead of the launch of the iSTOXX Ang Research Enhanced Index suite.

The iSTOXX Ang Research Enhanced Indexes will target value (implemented across enhanced value and cyclical value), quality and momentum, according to the announcement. Each index is designed to mitigate unintended systematic exposures, limit turnover and maintain risk level bands in line with its benchmark index, while implementing a dynamic rotation weighting model of the underlying factors.

SEI filed to launch the SEI Ang Research Enhanced U.S. Large Cap ETF, based on the newly created index. The ETF will seek to track the results of the iSTOXX Ang Research Enhanced U.S. Large Cap Index.

ISS STOXX is the parent company of both the index company and PLANSPONSOR.

iPipeline, FIDx Launch Digital Annuity Distribution Exchange

iPipeline and Fiduciary Exchange LLC launched Insurance Exchange Express, designed to extend digital annuity distribution capabilities to small- and mid-market broker/dealers and financial institutions.

IX Express is an integration of FIDx’s Insurance Exchange and iPipeline’s Affirm for Annuities. The product is intended to reduce new business processing errors, eliminate disconnected workflows and shorten implementation timelines.

DWS Announces Fee Reductions on Mutual Fund Assets

European asset manager DWS announced fee reductions on more than $3 billion in mutual fund assets, effective April 21. The firm lowered expense ratios for five funds across the firm’s Americas Fixed Income and Alternatives platforms.

The firm managed more than $1 trillion in assets as of December 31, 2025, including more than $150 billion in its U.S. fixed-income business and more than $128 billion in its U.S. alternatives business.

PenChecks Adds PGIM Managed Account to IRA Platform

PenChecks Trust Co. of America added PGIM’s RetireWell managed accounts to PenChecks’ Invest4U offering on its NextLevel individual retirement account platform.

NextLevel is intended to help retirement plan service providers identify rollover opportunities, reduce plan leakage and create a more connected participant experience, according to the announcement.

The integration is designed to expand the managed account marketplace available to advisers and participants.