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.
New Hire Roundup: FINRA Names New Corporate Communications Head
This week in new hires, FINRA announced that Greg Ahern will be its new head of corporate communications, and Neuberger & Berman welcomed Brendan Gill.
Top Portfolio Products: State Street Rolls Out Two Corporate-Bond ETFs
New products introduced over the last week include two SPDR ETFs announced by SSgA and an ecological ETF launched by Huntington Asset Advisors.
BNY Mellon’s Pershing Fees Help Bank Offset Forex Woes
Higher Q1 2012 clearing services fees at the BNY Mellon unit that includes Pershing Advisor Services helped the bank offset lower trading volumes as the bank fights a number of forex lawsuits.
Fidelity Investments to Enter ETF Business
Fidelity Investments recently filed an application with the Securities and Exchange Commission to begin offering index-based exchange-traded funds.
UBS Pushes Out Risk Chief; McCann to Head Americas Unit
Bob McCann takes over as CEO for the Americas business from Lofts, who re-assumes his role as chief risk officer for the global bank
Wall Street’s Top 10 Corporate Good Guys
The U.S. finance industry has taken a beating for its role in the economic crisis, but according to Corporate Responsibility magazine, there are still 10 good guys in the sector.
Vice vs. Nice: Sustainability Debate Pits ‘Tea Party’ Against ‘European Social’ Teams
In a sometimes feisty Oxford-style debate in New York, portfolio managers and professors sparred over whether socially responsible investment has any business contributing to—or subtracting from—a company’s bottom line.
Madoff Whistleblower Markopolos Slams Banks Over Pension Fund Fees
Bernie Madoff whistleblower Harry Markopolos is back in the news, this time taking on the banking sector over the fees they charge in retirement plans.