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Theres too much bullish bias and herd mentality among financial advisors who fear losing their jobs when they should be focused on long-term returns, value manager Jeremy Grantham says.
June 22 -
The acquisition adds 126 relationships and $200 million in assets to the San Antonio-based wealth advisory firm.
June 22 -
On June 22, 2012, Total money market mutual fund assets decreased by $20.86 billion to $2.533 trillion for the week ended Wednesday, June 20, according to data from the Investment Company.
June 22 -
Gus Sauter, managing director and chief investment officer of Vanguard, will retire from the firm at the end of the year. Mortimer J. Tim Buckley, a managing director, will succeed him.
June 22 -
On June 22 ,2012, George U. "Gus" Sauter, managing director and chief investment officer of Vanguard, today announced his plans to retire, effective December 31.
June 22 -
On June 22, 2012, AllianceBernstein re-upped CEO Peter S. Kraus contract for another five years, starting in January 2014, when his existing contract expires.
June 22 -
On June 22, 2012, Wheaton, Ill.-based First Trust Advisors L.P. has rolled out a new actively managed exchange-traded fund, First Trust North American Energy Infrastructure Fund (NYSE Arca: EMLP) to bet on the energy infrastructure sector via master limited partnerships, pipeline companies and utilities.
June 22 -
When it comes to ETFs, advisors need to look under the hood, ETF expert Eric Biegeleisen said during a session at the Morningstar Investment Conference. You have to understand why every stock and bond is in there.
June 22 -
Securities and Exchange Commission Chairman Mary Schapiro answered Paul Scott Stevens volley with one of her own in front of the Committee on Banking, Housing, and Urban Affairs of the United States Senate.
June 22 -
Columbia Management launched the Columbia Risk Allocation Fund (CRAAX).
June 22
