Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Portfolio > Portfolio Construction

Top Portfolio Products: Nasdaq to Launch Energy Futures Market

By Marlene Y. Satter

X
Your article was successfully shared with the contacts you provided.

New products and changes introduced over the last week include a planned energy futures market from Nasdaq; a managed investment solution from SunGard; and a wealth management educational program from Envestnet.

Also, the Academy of Preferred Financial Advisors has launched its Exclusive Coaching Program and Reich & Tang announced the liquidation of its money market mutual funds.

Here are the latest developments of interest to advisors:

1) Nasdaq to Establish Energy Futures Market

Nasdaq has announced the establishment of an energy futures market, Nasdaq Futures (NFX), which will launch mid-2015 pending regulatory approval. The market will offer cash-settled energy derivatives based on key energy benchmarks including oil, natural gas and U.S. power.

Products will be cleared through the Options Clearing Corp., and Trading Technologies International will provide connectivity to NFX. OptionsCity Software has been selected as the preferred vendor for NFX and trading technology firm Orc will include NFX on its first day of trading.

2) SunGard Adds Managed Investment Solution

SunGard has announced the launch of an integrated managed investment solution to provide wealth advisors and financial institutions the opportunity to offer managed accounts.

The platform provides trust accounting solutions, several traditional fully disclosed custodians and outsourced middle- and back-office functions.

3) Envestnet Launches Online Educational Program

Envestnet has announced the launch of Envestnet Institute On Campus, an online educational program designed to provide college and university seniors with a knowledge base to launch their careers in the wealth management industry. The courses are offered through Envestnet Institute, Envestnet’s unified education portal for registered financial professionals, and the program’s curriculum has been approved by the Money Management Institute.

Envestnet Institute On Campus is open to business majors at four schools — Fairfield University, Bryant University, Mount St. Mary’s University, and the University of Rhode Island — and will become available at other educational institutions on an ongoing basis.

4) Academy of Preferred Financial Advisors Offers Coaching Program

The Academy of Preferred Financial Advisors has announced the launch of its 12-month Exclusive Coaching Program.

The program offers training for mid- to high-level advisors that focuses on enhancing financial advisors’ skills, knowledge base and practice management abilities.

5) Reich & Tang Announce Liquidation of Funds

Reich & Tang Asset Management LLC has announced that the board of directors for each of its money market mutual funds has approved plans of liquidation for those funds.

The liquidations, which represent approximately $9.5 billion in shareholder assets, are expected to be completed by July 31.

Read the March 8 Portfolio Products Roundup on ThinkAdvisor.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.