Project for the New American Century

MULTISECTOR FLOATING INCOME ETF LAUNCHED BY AMERICAN CENTURY

Retrieved on: 
Thursday, March 16, 2023
ETF, Project for the New American Century, Lisp (programming language), American Century, SDSI, Financial adviser, Security (finance)

"FUSI compliments our current ETF income offerings, Short Duration Strategic Income ETF (SDSI) and American Century Multisector Income ETF (MUSI), by adding a floating rate product to the suite that is primarily focused on high credit quality," said Sandra Testani, vice president, ETF product and strategy.

Key Points: 
  • "FUSI compliments our current ETF income offerings, Short Duration Strategic Income ETF (SDSI) and American Century Multisector Income ETF (MUSI), by adding a floating rate product to the suite that is primarily focused on high credit quality," said Sandra Testani, vice president, ETF product and strategy.
  • "We believe a diversified floating rate mandate has the potential to mitigate downside risk and increase income, and we are excited to offer this on our ETF platform."
  • "FUSI expands American Century's Fixed Income ETF suite by offering a floating-rate income product built on a diversified, primarily high-quality credit portfolio," said Van Gelderen.
  • American Century Investments® introduced its ETF program in 2018, which now has $21 billion in assets under management.

PATRICIA RIBEIRO NAMED GLOBAL GROWTH CO-CIO

Retrieved on: 
Tuesday, February 21, 2023
Equity, Project for the New American Century, American Century Investments, Greg Lindberg, Emerging market, Committee, Diversity, CFA, Culture, American Century, Rutgers University, DEI, Knowledge, Century, Global Research, CIO, Investment, National Crisis Management Committee, Ginny Creveling, Bank

KANSAS CITY, Mo., Feb. 21, 2023 /PRNewswire/ -- American Century Investments, a $215 billion* global asset manager, announced the promotion of Patricia Ribeiro to co-chief investment officer (CIO) of the Global Growth Equity discipline effective Feb. 15. She will share the role until May 31 with Keith Creveling, CFA, who has been co-CIO for the discipline since 2014 and has made the decision to relinquish these responsibilities. These changes do not impact the day-to-day management of any Global Growth Equity investment strategies.

Key Points: 
  • American Century Investments promoted Ribeiro, prioritizing continuity and momentum
    KANSAS CITY, Mo., Feb. 21, 2023 /PRNewswire/ -- American Century Investments, a $215 billion* global asset manager, announced the promotion of Patricia Ribeiro to co-chief investment officer (CIO) of the Global Growth Equity discipline effective Feb. 15.
  • These changes do not impact the day-to-day management of any Global Growth Equity investment strategies.
  • She will share CIO responsibilities for the larger Global Growth Equity discipline with Keith Lee, CFA and will report to American Century Investments Chief Investment Officer Victor Zhang.
  • He was promoted to portfolio manager in 2002, and in 2014, Creveling was promoted to co-CIO of the Global Growth Equity discipline.

"INCOME BLUEPRINT" FOR RETIREMENT PLAN FIDUCIARIES LAUNCHES

Retrieved on: 
Tuesday, September 20, 2022
Institute, Act, Stowers Institute for Medical Research, Baby boomers, 2020 United States federal budget, Investment, Industry, Project for the New American Century, American Century Companies, Medical research, Documentation, Retirement, Multimedia, View, JD, Life insurance, Financial adviser, Online shopping, American Century, Income

KANSAS CITY, Mo., Sept. 20, 2022 /PRNewswire/ -- American Century Investments® has launched Income Blueprint, a first-of-its-kind online tool to help retirement plan fiduciaries implement a prudent process to evaluate and choose in-plan guaranteed income products for their clients in line with the recently passed SECURE Act's guidance. The Income Blueprint tool simplifies the complex world of available products and generates a customizable report that compares and scores each one according to plan preferences.

Key Points: 
  • The Income Blueprint tool simplifies the complex world of available products and generates a customizable report that compares and scores each one according to plan preferences.
  • The Income Blueprint comes at a time of high interest from plan participants, combined with a safe harbor and portability provisions included in the SECURE Act, according to Glenn Dial, American Century senior retirement strategist.
  • "Overall, interest is high, with 76% of respondents in our 2021 retirement survey showing interest in investment options specifically designed to help them draw income from their plan savings during retirement."
  • "As rising demand and high interest lead more retirement fiduciaries to consider in-plan retirement income options, they need clarity to make the best selections and confidence that they've fulfilled industry regulations and maintained their safe harbor," added Rick Luchinsky, American Century's co-head of Intermediary Distribution.