Tag: Investment Managers

Janus Capital Group Inc. has appointed Susan Oh as senior vice president of the firm’s U.S. Institutional Group, effective October 3, 2011.

The UBS Board of Directors has accepted the resignation of CEO Oswald J. Grübel, as the bank tries to recover from its recent trading scandal.  

The Securities and Exchange Commission (SEC) has charged the co-founder of institutional money manager AXA Rosenberg with securities fraud.

Essex Investment Management Company, LLC announced Gregory J. Goostray has joined the team as Vice President, Sales and Marketing. 

Distributors are changing the way they do business, leading them to seek creative, new alternatives from asset managers, according to a report from kasina.

Star bond investor Jeffrey Gundlach was awarded $66.7 million by a jury over his separation from money management firm Trust Company of the West (TCW), reports Reuters.

Vanguard will offer a bundled 401(k) and profit-sharing plan service for companies with assets of less than $20 million through a partnership with Ascensus.

Few defined contribution investment managers are effectively positioned to grow market share, according to Cogent Research.

Recent market volatility will likely put a damper on asset growth and push investors into more conservative, lower-fee products, according to kasina.

Mirae Asset Global Investments (USA) has named Joon Kwun as President and CEO. 

Putnam Investments has enabled its shareholders to access its Web content by scanning a code on their quarterly statements with a smart phone.

BlackRock, Inc. announced Mark Taborsky will join the company as a Managing Director and Senior Portfolio Manager within its Multi-Asset Client Solutions (BMACS) group.

Natixis Global Asset Management (NGAM) has acquired a controlling interest in Darius Capital Partners.

Morningstar, Inc. named William Harding, CFA, as Head of Manager Research for the Morningstar Investment Management division.

Acadian Asset Management Singapore announced Ho Yew Weng has joined the firm as Director of Institutional Sales, Asia-ex Japan.

Wells Fargo Funds Management announced the successful merger of eight Wells Fargo Advantage Funds into other funds within the family.  

Becker Capital Management is introducing an institutional share class for its Large Cap Value strategy, the Becker Value Equity Fund.

A recently published white paper from investment manager Cohen & Steers maintains that dividend oriented companies are "strongly positioned to continue raising pay-outs and deliver solid returns." 

Eagle Asset Management has released a “no revenue share” R-6 share class for use by retirement plan sponsors and administrators.

As part of the expansion of its Americas platform, Natixis has announced senior appointments in its Fixed Income, Commodities & Treasury (FICT) Americas team.