New Hire Roundup: Ex-CBO Chief Elmendorf Back at Brookings
Meanwhile, Royal Alliance adds Quincy Group; MarketCounsel beefs up staff with three new lawyers.
Top Portfolio Products: BlackRock Launches Commodities ETF
Vident introduces a bond ETF, Wolf Hedge adds global fund, and Allianz rolls out a new fixed indexed annuity.
Top Portfolio Products: Stock Split, Euro Stoxx ETFs Launched
Plus, 361 Capital files to launch a long/short product, while Schwab adds Direxion, other ETFs to OneSource.
Top Portfolio Products: New MLP Fund From Salient
Covestor to launch no-management-fee ETF portfolios; Redhawk Wealth adds SCANalytics.
New Hire Roundup: Obama Taps Massad as CFTC Chief
Meanwhile, SEC named Gaunt chief of enforcement division’s municipal securities and public pensions unit, Rob Jasminski joined Citi Private Bank and more.
Top Portfolio Products: DoubleLine Plans Fund With Shiller Benchmark
Franklin Templeton adds four new target date funds; First Trust introduces international multi-asset diversified income fund.
The Numbers Don’t Lie: Boomers Nervous About Health Care, Social Security
The 2012 Retirement & Politics Survey by Allianz has found that “transition boomers”—people between the ages of 55 and 65 who are less than 10 years away from retirement—see rising health care costs and Social Security as having the greatest impact on their retirement outlook.
Across Party Lines, Transition Boomers’ Biggest Worry Is Health Care: Allianz
Social Security ranks as the second-biggest concern for both Democrats and Republicans age 55 to 65, an Allianz Life survey found.
Top Portfolio Products: Franklin Templeton to Buy Stake in K2
Plus, Goldman risk-management fund targets RIAs and more product news.
Top Portfolio Products: Russell, Barclays Introduce New Index Series
RiverPark introduces hedged value fund; Allianz offers new VA rider; Jackson introduces new VA option.