The Hartford Names Ritchey to Run Retirement Plans
The Hartford Financial Services Group on Tuesday, July 27, announced that Sharon Ritchey had been named executive vice president of retirement plans.
Hartford Investment Management Hires Manager From Neuberger Berman
Hartford Investment Management Co. announced Wednesday, July 7, the hiring of Ray Humphrey as senior vice president and senior portfolio manager with the company's Inflation Plus Fund and U.S. Government Securities HLS Fund.
American Beacon Hosts Its First Annual Investment Forum
American Beacon Advisors showed off its broad range of funding strategies and sub-advisors, and held a lively panel discussion on investment opportunities at its Oversight 360? First Annual Investment Forum on June 16, in New York.
NFIB's Small Business Index Showed Uptick in Optimism in May
Optimism of small businesses improved in May for the fifth consecutive month, according to a survey released Tuesday, June 8, by the National Federation of Independent Business (NFIB).
Pace of Mutual Fund Flows to Slow, FRC Study Says
Mutual fund net sales posted a record-high year in 2009 and despite their strong flows year-to-date through April this year ($187 billion), Financial Research Corporation (FRC) expects they will slow down overall by the end of 2010.
Labor Department Says Jobless Rate Fell to 9.7% in May
The crucial monthly jobs report was a disappointment, as the Labor Department reported Friday, June 4, that the economy added 431,000 jobs in May, well below consensus expectations of 513,000.
Home Builders' Confidence Rises, NAHB Index Shows
An index measuring builder confidence for constructing newly built, single-family homes rose three points, to 22, in May, beating analysts' expectations. According the National Association of Home Builders/Wells Fargo Housing Market Index (HMI),
The Hartford Financial Celebrates 200th Anniversary
The Hartford Financial on Monday, May 10, celebrated its 200th anniversary, and to commemorate the company's incorporation date, CEO Liam E. McGee and CFO Christopher J. Swift rang the opening bell at the New York Stock Exchange.
Thomson Reuters Unveils Advisor Tool for Proposals
Thomson Reuters has released a new proposal generator for financial advisors called PropGen. The software is meant to help advisors create business pitches for prospective and existing clients in a few minutes.
Global Link Forum on Closed-End Funds and Global ETFs Has Record Attendance
There was record attendance at the 9th Annual Closed-End Funds and Global ETFs Forum on Wednesday, April 28, held at the Metropolitan Club.