The Morgan Stanley Funds’ Board of Directors/Trustees approved the participation of its money market funds in the U.S. Treasury Temporary Guarantee Program.
Wachovia Retirement Services is one of the business units not going to Citigroup as part of Monday’s acquisition of the Charlotte, North Carolina-based bank.
William Hart, founder of Chicago-based Hartline Investment Corp., was elected chairman of the board of National Advisors Trust, owned by more than 130 independent financial advisory firms nationwide.
Federated Investors, Inc. and Putnam Investments announced that, upon liquidation, the institutional Putnam Prime Money Market Fund will invest its assets in the Federated Prime Obligations Fund in...
Madison Benefits Group, a Houston-based employee benefits brokerage and consulting firm, announced Tuesday plans to join forces with Higginbotham&Associates, a national insurance brokerage firm.
John Hancock's Investment Management Services (IMS) group announced it expanded its role of providing investment manager selection and review services within its parent company, Manulife.
Fidelity Investments said 55 new “breakaway brokers″ have selected the company as the custodian for newly established independent registered investment advisory (RIA) firms.
Faced with extraordinary market volatility, the Board of Trustees closed the institutional Putnam Prime Money Market Fund, effective Wednesday at 5 p.m.
Dow Jones&Company announced that Kraft Foods Inc. (KFT) will replace American International Group Inc. (AIG) in the Dow Jones Industrial Average, effective September 22.