Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:The Fundster 401k Roundup, April 12-May 3 Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, May 3, 2019

The Fundster 401k Roundup, April 12-May 3

Reported by Neil Anderson, Managing Editor

DC I-O Dispatches


On the DC I-O side of the business, a publicly traded bank's asset management is now talking to plan sponsors and distributors about a new kind of non-guaranteed retirement income product.

Michael Shaughnessy Alfred
Digital Assets Data
Co-Founder
The Invesco-OppenheimerFunds post-merger distro reorg will hit DC I-O. A top DC exec recently left BlackRock. T. Rowe Price's new DC I-O chief is hiring, while Natixis welcomed a DC I-O vet. And an ERISA specialist left AllianceBernstein.

Cohen & Steers is anticipating big DC I-O progress.

Hand Benefits & Trust (HB&T) is helping an upstate New York shop launch ESG collective funds.

RKer Reports


Ed Murphy is expanding the Empower Retirement C-suite by three. Meanwhile, Aimee DeCamillo is passing the reins at T. Rowe and joining an insurer.

Renee Schaaf, head of Principal Financial Group's retirement and income solutions division, talked about the three guiding principles that will guide the integration of their impending acquisition, Wells Fargo's institutional retirement and trust division. Meanwhile, John Moody is preparing to combine two recordkeepers' under one brand.

The Boston Behemoth is bundling 401(k) recordkeeping into a new, integrated benefit services solution for small and mid-sized businesses.

Managed Account and Model Messages


Morningstar launched a new 401(k) managed accounts platform that can be customized by 401(k) plan advisors (KPAs), giving KPA-focused DC I-Os more of a shot inside such managed accounts. Morningstar is also expanding its Vestwell alliance to offer Vestwell-friendly KPAs access to target date model portfolios.

Capital Group's American Funds will be integrated into Empower's TDF-managed account combination product. And Empower is teaming up with other asset managers, too.

Other Items


Broadridge, the parent of Matrix, has agreed to buy another retirement plan custody and trust business later this quarter. The deal is expected to boost Matrix to more than $420 billion in AUA and more than 118,000 plans, while adding about 50 people to the Matrix team.

The BrightScope brothers have reunited at a data startup focused on cryptocurrency and raised $6 million in seed funding.

As always, this edition of MFWire's Fundster 401k Roundup column is powered by our DC-focused sister publication, 401kWire

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use