Frank Russell Company is launching a Web portal for institutional investors on June 5. The new feature, dubbed "
RussellLINK for Institutional Investors," will provide customizable pages and access to client's investment account details. Initially, the new portal will be available to Russell's 300 U.S. investment management clients and later broadened to include
Frank Russell Securities and Russell's consulting clients.
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Calvert Asset Management Company, the advisor to Calvert mutual funds, announced that two of its bond funds have been awarded the Select Fund designation by
Standard & Poor's. The two funds, the
Calvert Income Fund and the
Calvert Social Investment Fund Bond Portfolio now have Select status, joining 27 other funds.
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Franklin Templeton Distributors (BEN) announced the launch of the
Franklin Large Cap Value Fund. The new product, together with two new growth funds launched last month, is part of an effort to round out the firm's growth and value fund lineups.
Bill Lippman will be the fund's lead portfolio manager, assisted by
Don Taylor,
Bruce Baughman,
Stephen Madonna and
Margaret McGee.
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Morningstar is celebrating the recent launch of its
MorningstarAdvisor.com service with a seven-day Caribbean cruise for financial planners. Featured speakers include:
Don Phillips, CEO;
Bob Clark, editor-in-chief and publisher; and
Bob Veres, editor. The cruise, which leaves San Juan, Puerto Rico on November 5, 2000, and continues to Aruba, Caracas, Grenada, Dominica, and St. Thomas, costs $2,500 to $3,000 per couple for a cabin and $299 for the seminar.
 
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