Custom TDFs Will Surge to $218B by ’16: Cerulli
They could represent about 22% of target-date assets in four years, as investors seek to embrace alternatives and boost returns.
Peng Chen, Global Investment President, Leaves Morningstar
Morningstar announced Thursday that longtime Morningstar and Ibbotson executive Peng Chen will leave the Chicago-based research and investment firm at the end of June.
Highlights of Q1 Target-Date Report
The average return for target-date funds during the first quarter of 2012 was close to 9%, which is about 3.5% below the S&P 500 Index
Top Portfolio Products: New Corporate Bond ETF From iShares
Global X launches MLP ETF, and AdvisorShares plans Global Echo sustainable ETF launch in May.
Target Funds Post Strong Q4, Inflows
Last year ended with a strong quarter as U.S. equity markets recovered from a tough third quarter.
New Hire Roundup: Conley Rises at SEC
This week in new hires, Michael A. Conley was named deputy general counsel in the SEC’s office of general counsel. Also, Scott L. Lummer was named CIO and head of Savant Investment Group’s new Santa Rosa office.
Top 6 Portfolio Products: Merk Currency; Invesco Bond Funds Launched; Goldman Shuts Alpha
Fidelity just offered new searchable fixed-income research, and S&P said it will soon present its second annual mutual fund excellence awards.
Morningstar Adds ETF Offerings to Its Managed Portfolios Platform
Morningstar announced a suite of new offerings on Thursday on its Morningstar Managed Portfolios platform, a fee-based, discretionary investment management program offered through financial advisors.
Hedge Funds? Forget It, Say ETF Experts. Try Replicating Them Instead.
IndexIQ CEO Adam Patti works with RIAs to create new ETFs, including ones that replicate hedge funds, but at a much lower cost.
Five Steps to a Successful Retirement Income Strategy
Envestnet/PMC’s Henkel says little thought is given to sources of retirement income.