Top Portfolio Products: Ivy, ProShares & TIAA-CREF Launch Funds
Fund shops zoom in on mid-cap, managed futures, emerging-markets debt and lifecyle strategies.
SEC Enforcement: Ex-Wells Fargo Analyst, Trader Charged With Insider Trading
SEC also hits two for insider trading on Pershing Square's Herbalife short, while Massachusetts charges a tax advisor with preying on elderly relatives.
New Hire Roundup: ABIA Elects New Board Members
This week, the American Bankers Insurance Association elected new board members, and Deutsche Asset & Wealth Management hired four regional VPs.
Campaign Begins to Woo Investors in India After Successful Mars Spacecraft Launch
As investment campaigns go, Indian Prime Minister Narendra Modi’s “Make in India” brainchild had a launch that was literally out of this world.
Largest Public Pensions See 14.3% Gain
The holdings and investments in the 100 largest public-employee pension systems in the U.S. are at their highest since 1968, the Census Bureau says.
U.S. Retirement Assets Rise to $24 Trillion
Retirement assets, accounting for 36% of all household financial assets in the U.S., rose by 2.8% in the second quarter.
Don't Give Your Money Away
Chubb's new social engineering fraud endorsement protects firms from theft by deception.
Top Portfolio Products: T. Rowe Price Launches Global, Muni Funds
Also, MSCI and Corporate Knights Capital-Solactive roll out low-carbon indexes.
Returns and Diversification Value Outweigh Volatility
“Foreign investments should be a significant part of most investors’ portfolios,” Larry Luxenberg says. His aim is diversification.
SEC Enforcement: Flurry of Charges Over Phony Health Food Company
Meanwhile, Silicon Valley-based Saba Software and two of its former executives were charged with a fraudulent accounting scheme.