Claymore Securities listed three new ETFs on the Amex: the U.S. Capital Markets Index; the U.S. Capital Markets Bond index and the U.S. Micro-Term Fixed Income.
Of all the firms targeted by Eliot Spitzer when he was cleaning up abuses on Wall Street, none suffered more than Marsh & McLennan Cos.
A total of $50 million in 401(k) assets moved into diversified equities from fixed-income investments during December, according to the Hewitt 401(k) Index.
European assets in ETFs surged 27% to €89 billion ($131.2 billion) in 2007, according to data released by Deutsche Bank.
The group comprises 18 record keepers and investment providers that serve the market for the defined contribution plans sponsored by school systems and hospitals.
The Government Accountability Office declined to comment on the reliability of the new report due to its “serious material weaknesses."
CEO and CIO were the best-compensated positions at hedge funds of funds in 2007, according to an Infovest21 survey.
On Dec. 20, the firm will list the PowerShares DJIA BuyWrite and S&P BuyWrite portfolios on NYSE Arca and the Nasdaq-100 BuyWrite Portfolio on Nasdaq.
Global REIT market capitalization was $764 billion as of June 30, up about 25% from the year before, according to a report by Ernst & Young.
Almost all adults enrolled in an automatic enrollment 401(k) plan are glad their companies offer the service.