Tag: Investment Managers

Neuberger Berman has launched the Intrinsic Value Fund (NINLX, NINAX, NINCX), based on the investment strategy of the firm’s Small Cap Intrinsic Value team.

Charles Schwab has agreed to pay $35 million to settle a California state court suit over the Schwab YieldPlus Fund.

In its latest research, Russell Investments concluded that once a target-date fund reaches an individual's planned retirement date, it should have conservative allocations and a flat glide path...

Kelly Marshall has been appointed head of Investment Product Management at Putnam Investments.

U.S.-registered investment companies managed $12.2 trillion at year-end 2009, a $1.8 trillion increase from year-end 2008.

Federated Investors, the third-largest U.S. manager of money-market funds, announced that it expects to continue waiving some fees for the rest of the year because of low interest...

Charles Schwab has become a “preferred retail dealer” for J.P. Morgan, the firms announced.

Morgan Stanley Smith Barney reported an influx of assets and advisers in the first quarter.

Russell Investments has announced the appointment of Penny Zuckerwise as CEO Americas Institutional.

New York Life Investments has announced the launch of Stable Value Investments (SVI), a new unit that will create and distribute proprietary fixed-income money management solutions backed by...

Putnam Investments has announced two portfolio manager appointments.

Charles Schwab Corporation has agreed to pay $200 million to settle federal securities law claims in a civil class-action lawsuit related to the Schwab YieldPlus Fund.

MFS Investment Management has announced the appointment of Robert J. Manning to chairman of the company, effective July 1.

PIMCO is launching the PIMCO EqS Pathfinder Fund, the first actively managed equity strategy in the PIMCO Equity Series (EqS).

A new Vanguard study reports a significant increase in the use of target-date funds in retirement plans.

David A. Kania has joined Sentinel Financial Services Company Retirement and Subadvisory team as vice president and regional retirement director.

Fund managers are taking on more risk in anticipation of a “Goldilocks” recovery in the economy, according to the BofA Merrill Lynch Survey of Fund Managers for April.

InvestorForce has announced the release later this quarter of its new investment manager data collection service, InvestorForce COLLECT.

J.P. Morgan Asset Management (JPMAM) said Thursday that Eve Guernsey, CEO of the Americans, will step down from her post at the end of 2010.