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.
New Hire Roundup: Reinhart Joins Wealthcare Capital, Bowden Goes to SEC
This week in new hires, Len Reinhart joined Wealthcare Capital’s board, Andrew J. Bowden was appointed the SEC’s new associate director of advisor exams, and the Senate confirmed Luis Aguilar and Daniel Gallagher as SEC commissioners.
New Hire Roundup: Wyderko Named President, CEO of Mutual Fund Directors Forum
This week in new hires, Susan Ferris Wyderko was named president and CEO of the Mutual Fund Directors Forum and Lisa Resnick became senior VP of retail distribution at Genworth Financial.
Top Portfolio Products: American Century Rolls Out Real-Estate Fund, Allianz Launches New Fixed Index Annuity
Real-estate returns were up slightly in July, experts note, while the S&P was down.