Wealth management

Vanguard Group Inc. has introduced an exchange-traded fund that tracks companies in Europe, Australia, and Asia.

Despite a hefty charge related to one of its affiliates and the completion of an acquisition, Boston Private Financial Holdings Inc. reported Thursday an 11% increase in second-quarter cash earnings, to 47 cents per share.

The Hartford Financial Services Group Inc., a Simsbury, Conn., property and life insurer, announced Thursday that its net income increased 32% in the second quarter.

Money Management Executive

The National Association of Insurance and Financial Advisors said it has hired John J. Healey as its chief executive officer.

Bank executives are attributing brisk growth in income from annuity and mutual fund sales to the strong stock market, retirement plan rollovers, and industry consolidation.

Affiliated Managers Group Inc.'s said that its second-quarter net income rose 24% from a year earlier, to $41.9 million, on strong asset growth from its more than two dozen investment management units.

John Hancock has launched two survivorship variable universal life products.

Legg Mason Inc. wants to make an acquisition to expand internationally, the Baltimore money manager's top executive said during its earnings call Tuesday.

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Boston Private Financial Holdings Inc. was to announce today that it has hired an executive from Bank of America Corp. as its chief financial officer.

John Hancock Life Insurance Co. launched a new version of its term life insurance product.

Wilmington Trust Corp. says it plans to continue expanding its wealth advisory services in the United States and its corporate-client services internationally after both businesses posted strong second-quarter growth.

Zurich Financial Services AG said it has created a unit to sell insurance to companies that have undergone a merger or acquisition, a market the Swiss company estimates is worth $10 billion a year in premiums.

Less than three weeks after closing its megamerger, Bank of New York Mellon Corp.’s chief executive officer said the company should see “significant” revenue from cross-selling opportunities and relatively low client attrition in the next three to five years.

Genworth Financial Inc. of Richmond, Va., announced that PNC Institutional Investments, a unit of Pittsburgh's PNC Financial Services Group Inc. has added Genworth's ClearCourse as an option on the 401(k) platform that PNC offers corporate customers.