Tag: Investment Managers

The latest BofA Merrill Lynch survey found that fund managers are retreating into cash as skepticism rises over economic recovery in Europe and China.

The Hartford Life Insurance Co. will pay $13.8 million to settle a four-year-old fiduciary breach suit over revenue-sharing payments from mutual fund companies.

Transamerica Asset Management Group has teamed up with Wellington Management to offer the Transamerica WMC Diversified Growth fund to retail investors in April.

Some fund managers offer better Web tools for advisers than others.

A new study found turnover rate in some actively managed equity funds can be as high as 200% more than that claimed by the manager.

RidgeWorth Investments has launched a new Web site that has an interactive, customizable retirement plan benchmarking tool and general resources that 401(k) advisers can use to help plan...

State Street Corporation has agreed to pay $333 million as part of a series of settlements with state and federal regulators over allegations it misled investors about the...

Stadion Money Management, Inc., announced that Larry Uyeno has joined the firm as regional sales representative for the west coast.

A new survey of asset management firms finds that 52% don’t use social media, despite a recognition by 84% that social media will have a lasting impact on...

J.P. Morgan Asset Management has combined all of its defined contribution investment-only (DCIO) specialist resources into a single unit, DC Investment Solutions.

Deutsche Asset Management (DeAM), Deutsche Bank’s global asset management business, has announced the formation of two independent investment boutiques.

Sustainable Asset Management (SAM), a global provider of sustainability investing and the co-developer of the Dow Jones Sustainability Indexes, has hired Neil Johnson to lead its North American...

Morgan Stanley Smith Barney was the highest-ranked wirehouse among affluent and high-net-worth (HNW) investors, according to Cogent Research’s list of top fund distributors.

After three years as second in command at Fidelity Investments, President Rodger Lawson has announced he will step down from the post at the end of March.

Investors have rediscovered their risk appetite and are putting cash reserves to use, according to the BofA Merrill Lynch Survey of Fund Managers for January.

Security Global Investors (SGI) has named Jerome Abernathy and David Beeman to its quantitative investment and development/management teams to help shape the firm's efforts in alternative products.

A listing of the fastest-growing active fund managers in 2009 includes mostly smaller firms.

U.S. investors’ use of bond mutual funds reached record levels in 2009.

Fund managers polled late last year were significantly more optimistic about their business prospects than those surveyed at mid-year, according to Cerulli Associates.

Charles Schwab Investment Management, Inc. (CSIM), has launched two new exchange-traded funds (ETFs) focused on emerging markets and international small-cap equities.