Compliance | January 22nd, 2019 Putnam Supreme Court Petition Asks About Comparisons to Index Funds In addition to asking the high court to weigh in on whether the plaintiff or the defendant bears the burden...
Administration | January 18th, 2019 DC Plan Sponsors Increasing Focus on Fees Callan’s 2019 Defined Contribution (DC) Trends Survey finds more plan sponsors have conducted fee benchmarking, there’s a shift in who...
Products | January 17th, 2019 Investment Product and Service Launches ProShares unveils ETF suite; TRPC adds Stadion StoryLine to retirement solutions platform; T. Rowe Price creates Dynamic Credit Fund.
Investing | January 14th, 2019 Conrad Siegel Offers Tips for Retirement Plan Investment Lineups Among other things, the consulting firm says investment committees should have stated goals, and retirement plan investment lineups should meet...
Products | January 3rd, 2019 Investment Product and Service Launches American Beacon Advisors creates mutual fund with multi-asset program, and Vanguard closes million-dollar securities fund to new clients.
Compliance | December 24th, 2018 Kentucky Court Moves Forward Claims Over KRS Hedge Fund Investments The lawsuit claims the Kentucky Retirement Systems (KRS) lost money on more than $1.5 billion in hedge fund investments in...
Products | December 20th, 2018 Investment Product and Service Launches Vanguard reveals fund merge; Northern Trust creates reporting tool for hedge fund trades; and Lively removes HSA investment fees.
Investing | December 13th, 2018 ESG Access Among Active Management Opportunities in 2019 Asked about what Putnam has seen develop this year in terms of environmental, social and governance investing programs, and about...
Compliance | December 10th, 2018 Parties in Franklin Templeton Self-Dealing Suit Agree to Settle Details of the settlement agreement are forthcoming.
Compliance | December 10th, 2018 Appellate Court Affirms Dismissal of Chevron ERISA Lawsuit The 9th U.S. Circuit Court of Appeals found that the facts alleged are insufficient to support a plausible inference of...
Products | December 6th, 2018 Investment Product and Service Launches Northern Trust purchases FX software provider; Nuveen incorporates ESG funds to fixed-income lineup and Nuveen launches quantitative strategies affiliate.
Compliance | November 26th, 2018 Waddell & Reed 401(k) Self-Dealing Lawsuit Is Settled In addition to a large payment to participants, the firm agreed to have an independent investment adviser assist in making...
Compliance | November 26th, 2018 Judge Recommends Dismissal of CenturyLink Custom-Designed Fund Lawsuit The judge found insufficient facts alleging a flawed design in the Large Cap Fund offered in CenturyLink’s 401(k) plan, or...
Products | November 21st, 2018 Investment Product and Service Launches Morningstar Managed Portfolios advisory service will now have allocations to the Morningstar Funds Trust, and DWS partners with Skyline AI for...
Investing | November 20th, 2018 Retirement Plans a Big Source of Mutual Fund Investing for Millennials By comparison, the majority of mutual fund investing for Baby Boomers is outside of an employer-sponsored retirement plan, Investment Company...
Investing | November 15th, 2018 Institutional Investors Set Principles for Firearms Industry They are focused on reducing risk, which Connecticut State Treasurer Denise L. Nappier says is a priority for institutional investors...
Compliance | November 12th, 2018 Justice Department Sues UBS Over Alleged RMBS Misrepresentations The agency contends the alleged actions by UBS related to residential mortgage-backed securities contributed to the 2008 financial crisis, but...
Products | November 8th, 2018 Investment Product and Service Launches The Standard Grows Stable Value Fund Options, and First Trust Creates Dow Jones International Internet ETF.
Investing | November 6th, 2018 Institutional Investors Maintain Positive Performance in Q3 2018 BNY Mellon says higher allocations to U.S. equity drove outperformance as U.S. fixed income sustained its streak as the lowest...
Investing | November 5th, 2018 Despite De-risking Concerns, Global Equity Remains Important to Retirement Plans Fifty-five percent of U.S. investors have their global equity allocation in active, alpha-seeking strategies, and the planned allocation to these...