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

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

Rating:New Faces and Opportunities Crop Up at DC Distributors Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, March 5, 2010

New Faces and Opportunities Crop Up at DC Distributors

Reported by Neil Anderson, Managing Editor

Fundsters interested in DC I-O opportunities may want to keep an eye on Lincoln Financial. In January the insurer closed on the sale of its captive asset manager (and mutual fund firm), Delaware Investments. And Eric Levy, the former chief of Mercer's DC business, jumped over to Lincoln this year to lead defined contribution products. Levy's mid-large market open architecture background, combined with Lincoln's fresh independence from asset management, could mean new opportunities for outside managers interested in working with the insurer's DC business. (See The 401kWire, 2/3/2010 and The MFWire, 1/4/2010.)

Fidelity's bundled 401(k) business saw another high-level executive swap take place this year. After taking the client management reins at workplace investing from Scott David in November, Mike Wilens moved over to lead corporate operations. Jim MacDonald, head of workplace investing services, stepped into the shoes Wilens inherited from David, while Steve Ulian took over the newly-formed sales and relationship support at the giant bundled 401(k) provider. (See The 401kWire, 11/24/2009 and 2/10/2010.)

And fundsters whose firms offer target date funds may want to keep an eye on another Fidelity business. In December a Fidelity spokeswoman confirmed that the Boston Behemoth, a target date fund titan whose target date funds are a core part of all of their retirement plan offerings, is considering offering other fund firms' target date funds on its advisor-sold 401(k) platform. Then in February John Hancock reportedly received a contract to be able to offer its target date funds on the Fidelity advisor 401(k) platform, though a Fidelity spokesman assured The 401kWire that the provider is "still evaluating whether to make third-party target-date funds part of the platform." (See The 401kWire, 12/23/2009 and 3/1/2010.) 

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

 Do You Recommend This Story?

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:
Add to My Yahoo!
follow us in feedly

  1. 2024 ICI Leadership Summit, May 21-23
  2. MFDF webinar - Mutual Fund Director Compensation: the MPI Annual Survey (2024), May 21
  3. Schwab Institutional Investor Day, May 22
  4. IMEA webinar - Opportunities in the Evolving Wealth Management Market, May 22
  5. Raymond James 2024 Analyst & Investor Day, May 23
  6. WE SoCal - How to Lead With Impact: Fireside Chat With Lorraine Le, May 23
  7. MFDF Conference of Fund Leaders Forum, June 5
  8. MFDF in-person outreach: Continuing Regulatory Impacts on Fund Boards, June 11
  9. MFDF webinar - Digital Assets in the Fund Space (Part 1 of 2), June 12
  10. 2024 MMI Leadership Pathway Seminar, Jun 12-14
  11. 2024 Nicsa Fearless Leadership Symposium, June 12
  12. Expect Miracles East Coast Classic 2024, June 13
  13. MFDF webinar - Lessons Learned from the Regional Bank Volatility and the Impact on Registered Funds, June 18
  14. MFDF Director Discussion Series - Open Forum (Philadelphia), June 20
  15. New York YPEM Cornhole Classic, June 25
  16. Morningstar Investment Conference Conference 2024, Jun 26-27
  17. MFDF webinar - Mid-Year Tax Update for Registered Investment Companies, July 16
  18. MFDF Director Discussion Series - Open Forum via Zoom, July 17
  19. MFDF Director Discussion Series - Open Forum (New York), July 23
  20. 2024 MMI Annual Conference, Oct 15-17
  21. 5th Annual ETFGI Global ETFs Insight Summit, October 29
  22. MFDF webinar - Digital Assets in the Fund Space (part 2 of 2), November 7
  23. MFDF 2025 Directors' Institute, January 27 - 29, 2025
  24. MFDF 2025 Fund Governance & Regulatory Insights Conference, March 6 - 7, 2025

©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