It’s been two years since Covid-19 shut down the world economy and permanently changed the way all of us live and work. In a special section in the March 21 issue, the InvestmentNews team explores the new challenges, and benefits, ...

T. Rowe Price Associates was edged out by Fidelity Investments for the most individual fund Lipper Awards this year, but T. Rowe’s overall risk-adjusted performance ranked the Baltimore-based asset manager as the large-company trophy winner for the 12-month period through ...

Small businesses represent most U.S. companies, and they employ about half of the country’s workforce — yet half or more do not offer retirement plans. It’s an opportunity the financial services industry has long snubbed, as cost-competitive 401(k) services for ...

Fidelity Investments has introduced a tool to help assess the specific benefits that employees want and need most in an attempt to help employers in their efforts to create a more inclusive benefits program. Called the Fidelity benefits equity scorecard, ...

Employer-sponsored retirement plans are beginning to consider ESG — and some investment firms are preparing themselves for considerable growth in the space. Nearly one in five defined-contribution plans in Fidelity’s business in 2020 included at least one ESG investment option, ...

Assets in target-date funds grew to $3.25 trillion last year, and an increasing portion of those assets are held in collective investment trusts, which tend to charge lower fees, according to a report from Sway Research. While overall TDF assets ...

Fidelity Investment Co. launched a new business line Monday that’s focused on compliance technology and offers products to create client communications and social media posts that stay in bounds of regulatory guidelines. The technology pairs artificial intelligence with social listening ...

Target-date mutual funds saw their sales rebound in 2021, a year after the products experienced their first period of net redemptions. Last year, U.S. target-date mutual funds had net inflows of $23.9 billion, a significant increase from the $6.7 billion ...

Fidelity Investments added $90 billion in sales to its defined-contribution plan platform in 2021, as well as $20 billion in defined-benefit plan assets across more than 80 new clients. The fund giant’s stock plan services business, which serves companies in ...

A group of Wall Street giants has decided to sit out one of the industry’s biggest coalitions: the Glasgow Financial Alliance for Net Zero. GFANZ, whose members oversee $130 trillion, is finding it can’t attract some of the top names ...