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Latest Mutual fund Stories

2014-07-23 08:31:36

Northwestern Mutual offices recognized for dedication to company's signature philanthropy MILWAUKEE, July 23, 2014 /PRNewswire/ -- According to the Pediatric Cancer Foundation, only 3.8 percent of all cancer research funding allocated by the federal government goes to children, despite the fact that childhood cancer is the leading cause of death for kids in the U.S.[1] Northwestern Mutual, through its Foundation, is dedicated to helping find a cure and assisting children battling...

2014-07-16 08:33:33

WELLESLEY, Mass., July 16, 2014 /PRNewswire/ -- Phil Fragasso, former President of I-Pension LLC and co-author of Your Nest Egg Game Plan, has launched a unique service to help individuals assess the strategy, cost and performance of their investment portfolios. The service is designed for both DIY investors and those working with an advisor. Fragasso, the founder of AuditYourFinancialAdvisor.com, describes himself as "a reformed safecracker who now works with law enforcement."...

2014-07-07 12:25:21

CHICAGO, July 7, 2014 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, and Barron's, the financial magazine published by Dow Jones & Co., today released highlights of their annual national survey examining the perception and usage of alternative investments among institutions and financial advisors. This survey is now in its eighth year. "Mutual funds continue to grow as the vehicle of choice for accessing alternative strategies....

2014-06-24 08:23:48

New functions include call center services, printing and fulfillment, investor follow-up, investor accreditation services and new investment processing. SAN RAFAEL, Calif., June 24, 2014 /PRNewswire/ -- Phoenix American Financial Services (PAFS) announced today that the company now offers fund administration services to new investment fund companies operating under SEC rule 506(c). Because the new funds engage in general solicitation for new investors, Phoenix American provides a...

2014-06-19 23:14:19

FPS Services, LLC, an affiliate of FPS Group, LLC and a Bluff Point company, today announced the rollout of its Investment Provider Xchange (IPX)TM platform. The IPX platform is a trading and recordkeeping platform focused on serving 403(b) districts, participants, and their investment providers. “IPX gives us an ease of processing that is otherwise found only in a single investment provider plan design, but with the ability to offer all of the obvious benefits sought by employers who...

2014-06-17 12:33:58

New service combines research, reports, ratings, software, tools, and data with access to Morningstar's analysts CHICAGO, June 17, 2014 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today introduced a new service to help institutional investors evaluate funds, investment strategies, and asset management firms. Morningstar Manager Research Services combines the firm's fund research reports, ratings, software, tools, and proprietary...

2014-06-16 12:22:16

MILWAUKEE, June 16, 2014 /PRNewswire/ -- NM Neptune, LLC, an indirect wholly owned subsidiary of Northwestern Mutual, has acquired Starwood Energy's 25 percent Class C stake in the Neptune Regional Transmission System. The 65-mile high-voltage, direct-current underwater transmission cable connects Sayreville, New Jersey to Long Island, New York. The Neptune system has been operational since 2007 and its 660 Megawatts of capacity are fully contracted to the Long Island Power...

2014-06-13 12:23:48

CHICAGO, June 13, 2014 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund asset flows for May 2014. Investors added $23.4 billion to long-term mutual funds in May. With the stock market at all-time highs, equity investors continued to show more interest in international and sector funds than their domestic counterparts. Additional transfers of assets from mutual funds to collective investment...

2014-06-10 00:21:29

In the news release, The Mutual Fund Store Launches Initiative To Boost Retirement Education And Preparedness, issued 09-Jun-2014 by The Mutual Fund Store over PR Newswire, we are advised by the company that in the sixth paragraph, first sentence, June 31st should be July 31st as the deadline has been extended. The complete, corrected release follows: The Mutual Fund Store Launches Initiative To Boost Retirement Education And Preparedness Offers Free Year of Smart401K Service to Help One...

2014-06-09 12:26:07

Offers Free Year of Smart401K Service to Help One Million Americans Plan for Retirement OVERLAND PARK, Kan., June 9, 2014 /PRNewswire/ -- The Mutual Fund Store, a collective system of Registered Investment Advisors (RIA) with more than 100 offices nationwide, announces a new initiative to help hardworking Americans establish a financial plan for retirement. To support their goal of reaching one million Americans, the firm is giving away one-year memberships to its Smart401K service,...


Word of the Day
lambent
  • Licking.
  • Hence Running along or over a surface, as if in the act of licking; flowing over or along; lapping or bathing; softly bright; gleaming.
This word comes the Latin 'lambere,' to lick.
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