Investment Platforms
Get the latest news and insights on investment platforms (including digital, mobile and online platforms), and how these developments impact financial advisors, the wealth management industry and more.
Ameriprise To Acquire Columbia Asset Management Operations
By staff WriterAn insurer has agreed to buy a long-term mutual fund business from Columbia Management, a unit of Bank of America Corp.
September 01, 2009
Morgan Stanley Smith Barney: New ETF Policy, 2Q'09 ResultsMorgan Stanley Smith Barney says it is placing certain restrictions on the sale of leveraged, inverse and leveraged-inverse exchange-traded funds (or ETFs) in response to...
August 27, 2009
Agency Lowers MassMutual ScoreStandard and Poor's Ratings Services has lowered its ratings on Massachusetts Mutual Life Insurance Co. and its affiliates.
August 26, 2009
Claymore to Be AcquiredGuggenheim Partners and Claymore Group say they have entered into a merger agreement. As part of the transaction, Claymore Group and its associated entities...
August 24, 2009
For The Petite AccountAdvisors can use a new program from a MetLife Inc. unit to keep the business of low-asset mutual fund investors.
August 06, 2009
Fund Complex To StreamlineThe boards of the funds at Transamerica Asset Management Group have agreed to realign the funds.
August 01, 2009
Vanguard's Wellington Fund CelebratesThe Vanguard Wellington Fund (VWELX), which now has about $40 billion in assets, has turned 80. "The Wellington Fund is a compelling case for the...