New product developments introduced over the last week include the availability of Global X Funds on the Dorsey Wright platform, the Hartford expanded into the structured settlement annuity market, and Broadridge released a mobile platform for Canadian shareholders to vote their shares over mobile devices.
In addition, Assurity Life added a new product and an e-signature option.
Here are the latest developments of interest to advisors:
1) Global X Funds Partners With RIA Firm Dorsey Wright to Market Portfolio
Global X Funds, a New York-based provider of exchange traded funds, announced Wednesday a partnership with Dorsey Wright & Associates, an independent registered investment advisory firm. The ETF provider is pairing up with DWA to market its Global Opportunities portfolio, a global portfolio based off of relative strength.
Global X Funds’ passively managed ETFs, broken down into developed markets, emerging markets, commodity producers, income producers and special opportunities fund suites, will be selectively available in the portfolio.
2) The Hartford Expands Into Structured Settlement Annuity Market
The Hartford’s Structured Settlement Fixed Annuity, issued by Hartford Life Insurance Co., provides tax-free payouts to people who receive settlements related to a workers’ compensation or personal injury claim.
The Hartford also offers medical underwriting for structured settlements. Because structured settlement recipients sometimes have accident-related injuries that can reduce their life expectancy, medical underwriting can potentially increase their periodic payments.