Vanguard Takes 90% of ETF Inflows in First Quarter
Vanguard added seven times more to ETFs in the first quarter than rest of the U.S. industry combined.
New Hire Roundup: American Century Names New Co-CIOs
Meanwhile, Nicholas Lance joined OneAmerica, and Sebastian Gomez Abero was tapped to lead the SEC Office of Small Business Policy.
New Hire Roundup: Ex-NFL Quarterback Joins Lourd Capital Management
This week in new hires, Lourd Capital Management welcomed former NFL quarterback Cade McNown as vice president, and Christine Walker went to Drexel Morgan Capital Advisers.
New Hire Roundup: Lincoln Financial Advisors Appoints Joseph Gaeckle
This week in new hires, Joseph Gaeckle was appointed managing principal at Lincoln Financial Advisors, and Jeff Conway was named to lead a data analytics group at State Street.
New Hire Roundup: U.S. Bank Wealth Management Welcomes Mook
This week in new hires, David Mook joined U.S. Bank Wealth Management, and Sterne Agee welcomed Robert Mohs to its Chicago office.
Top Portfolio Products: State Street Launches Two Low-Volatility SPDRs
In addition, Fidelity says it will close two share classes of the Fidelity Small Cap Value Fund.
BlackRock Not Changing iShares’ Fees; Vanguard Cutting More ETF Expenses
The ETF provider clarifies its expense policy after filings created confusion.
New Hire Roundup: Commonwealth Named as a Top Place to Work—Again
This week in new hires, Commonwealth Financial Network once again made the Boston Globe’s list of top places to work in Massachusetts; Ellen Turf announced she would depart NAPFA next year; and Intech announced a new hire and promotions.
Top Portfolio Products: New Digital Retirement Center From BlackRock
New products introduced over the last week include a digital retirement center launched by BlackRock, four new core ETFs from iShares and two new SPDR Tilt ETFs from State Street Global Advisors.
New Hire Roundup: Aberdeen Adds NYC Office
This week in new hires, MFS Investment Management welcomed Philip Stewart and promoted David Bryant; Leslie Voth was named CEO at Pitcairn; and Michael Millman joined U.S. Bank’s Private Client Reserve in San Francisco.