Tag: Investment Managers

Wells Fargo and its Evergreen Funds affiliate have been tidying up their fund lineups.

GE Asset Management (GEAM) has named Chris Adey to the newly created role of global consultant relations leader.

DoubleLine Capital LP, the money management firm started last month by star bond fund manager Jeffrey Gundlach, is gearing up to offer some new funds.

Asset Dedication, LLC, a provider of asset allocation strategies for independent financial advisers, hired Tony Parkin to focus on developing its business within the adviser marketplace.

Janus Capital Group Inc. said that Richard M. Weil has been appointed CEO and a member of the board of directors, effective February 1.

The Charles Schwab Corporation today announced reductions in online equity trade commissions for both retail investors and its independent investment adviser clients.

Dimensional Fund Advisors said it has hired John Blood, formerly with Commonwealth Financial, to lead a new initiative to develop relationships within the broker/dealer community.

Loomis, Sayles & Company said that core bond manager Lynne A. Royer has joined the company as vice president and co-head of a core bond strategy—and rejoined a...

Voyageur Asset Management Inc. has announced that it has changed its name to RBC Global Asset Management (U.S.) Inc.

Aviva Investors has agreed to buy 100% of River Road Asset Management, a Louisville, Kentucky-based U.S. value equity manager.

Fitch Ratings has released the criteria rating report titled “Investment Manager and Alternative Funds Criteria.”

INTECH Investment Management LLC has launched its first Enhanced Global Equity strategy. 

Piper Jaffray Companies has announced what it described as a “significant expansion” of its asset management business.

The Hartford Mutual Funds renamed its Global Equity Fund as The Hartford Global Research Fund.

Morgan Stanley Investment Management (MSIM) has announced the launch of the Morgan Stanley Emerging Manager Program (EM Program).

Prudential Financial, Inc., announced that it will rename its mutual fund family, JennisonDryden, to Prudential Investments.

Pioneer Investments has announced seven additions to its U.S. sales team, continuing the expansion of its sales force aimed at supporting the firm’s largest retail clients.

U.S. money managers participating in a recent Russell Investments poll are apparently an optimistic bunch, predicting equity markets still have room to grow during 2010.

Financial firms surveyed by Cerulli Associates said examination of fees, such as 12b-1 reform, will be the greatest regulatory impact in the coming year.