-
BNP Paribas Securities Services is not well known for handling custody of fund assets in either Mongolia or the United States.
July 20 -
On July 20, 2012, Northern Trust has hired Jeff Kearny to lead new business development for asset servicing the West Coast and in the Mountain states, including corporations, public pension funds, insurance companies and not-for-profit institutions.
July 20 -
ON July 20, 2012, Target-date fund providers are taking two steps forward and three steps back, according to a new report by BrightScope, dubbed Popping The Hood V, 2012.
July 20 -
If anyone needs proof of the importance of revisiting their estate plans annually, the case of the high-net-worth Tweten family on the West Coast should supply it.
July 20 -
On July 20, 2012, Alternative mutual fund Forward is now one of the portfolio strategists on the investment platform of Genworth Financial Wealth Management, Inc., where it will introduce its new multi-asset income product to advisors.
July 20 -
Asset managers predict alternative mutual funds to make up 9.7% of mutual fund assets in five years, and rise further to 15.8% of assets in 10 years, according to new research by Cerulli Associates.
July 20 -
BlackRock has a new real estate offering in the works, dubbed the BlackRock US Real Estate Securities Strategy Fund, according to a Securities and Exchange Commission filing.
July 20 -
Institutional investors took $12 billion out of money market funds in the week that ended Wednesday, the Investment Company Institute reported. Since the end of 2008, assets have been cut by a third, from $3.83 trillion, to $2.54 trillion.
July 20 -
Tax-exempt money market funds lost $2.03 billion -- nearly half of the unusually high bounty they amassed last week as total net assets dipped to $272.67 billion in the week ended July 16, according to The Money Fund Report, a service of iMoneyNet.com.
July 20 -
Municipal bond mutual funds continue to see strong and growing demand from investors. Even though, the week was marked by modest moves in prices throughout most of the yield curve, money poured into bond funds for the week ended July 18.
July 20
