New Hire Roundup: Altegris Names Murphy Deputy CIO
Also in new hires, Lindsey and Lindsey adds Christina Lindsey Orta, and former Gov. David Paterson joins IFS Securities.
FINRA Disciplines Merrill, LPL, National Financial, Van Kampen
FINRA took disciplinary action against Merrill Lynch, LPL Financial, National Financial Services and Van Kampen Funds. Merrill was censured and fined $400,000 on findings that it failed to enforce its anti-money laundering rules.
New Retirement-Strategy Funds Launched
Target-date, or life-cycle, funds have been around since 1993. They appeal to investors seeking a "set it and forget it" approach to retirement saving that...
A Target-Date Fund Twist
An asset allocation strategy that's founded upon the traditional principles of pension investing and a multi-manager investment approach for a broad range of investment options