Top 20 TIPS Funds in 401(k) Plans: BrightScope
Research firm BrightScope announced this week the Top 20 Treasury Inflation Protected Securities (TIPS) funds by total distribution.
Defined-Contribution Plans ‘Primary Retirement Savings’ Tool for Young Workers
Workers under the age of 35, the generation most likely to depend almost solely on DC plans rather than the typical Social Security-savings-pension model, need to be diligent if they expect to save enough for retirement, Northern Trust found.
Northern Trust Returns
After exiting the ETF business in early 2009, Northern Trust is back. In September, the Chicago-based investment firm introduced four ETFs known as “FlexShares.”
New SPDR ETFs Target Aerospace, Software Sectors
Meanwhile, Northern Trust re-enters the exchange-traded funds business
HighTower Sees ‘Exceptional Addition’ to Firm as Margaret Towle Joins as Partner
Margaret Towle, a Ph.D. with a $ billion clientele, is joining HighTower, the Chicago-based RIA firm led by Elliot Weissbluth, as a partner and managing director from Greycourt.
Barclays Adds 14 Advisors With $4 Billion in Assets From Merrill, UBS and Other BDs
The new investment advisors also join from JP Morgan, HSBC, Credit Suisse, Northern Trust and Thomas Weisel Partners on the East and West coasts.
2010 Q4 Earnings: Northern Trust Profit Falls 22%
Wednesday’s announcement of Q4 earnings by Northern Trust Corp. disappointed investors, as profits fell 22%, driven down by low interest rates.
Northern Trust Initiates LGBT and Non-Traditional Family Practice
Northern Trust has formalized a Lesbian, Gay, Bisexual, Transgender (LGBT) and Non-Traditional Family Practice, the firm announced Tuesday.
Northern Trust Acquires L.A. Investment Advisor Waterline Partners
Northern Trust acquired Waterline Partners LLC, a Los Angeles investment advisory firm that serves affluent individuals and families.
Northern Trust Enhances Tracking for Funds-of-Funds
Northern Trust announced Wednesday that it had launched a portfolio reporting and monitoring system for managers of private equity funds-of-funds.