Asset Allocation At IBJ Schroeder

IBJ Schroeder Bank and Trust Co. has introduced an asset allocation service for individuals and small pension plans.

The New York-based banking company, which manages its own no-load mutual funds, is charging one-half of one percent of assets under management annually. Investors can access the service with a minimum investment of $250,000.

Customers can select among portfolios that invest in emerging markets, international bonds and stocks, small-company and large-company U.S. stocks, and corporate and municipal bonds.