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On June 20, 2012, Deutsche Bank concluded its exclusive negotiations with Guggenheim Partners over a potential sale of RREEF, its global alternative asset management business.
June 20 -
On June 20, 2012, Omaha, Nebraska-based Catalyst Funds launched what it touts as the first legal insider trading mutual fund.
June 20 -
On June 20, 2012, Callan added John P. Jackson to its Fund Sponsor Consulting group as senior vice president, effective June 18.
June 20 -
On June 20, 2012, if money market mutual funds shift to a floating net asset value, impose redemption holdbacks or seek additional reserve capital through fees, corporations say they would stop investing in these vehicles and most likely reduce or fully liquidate their holdings, according to data released today by the Association for Financial Professionals.
June 20 -
On June 20, 2012, Prudential Financial, Inc. unveiled several key leadership appointments in the U.S. and Japan, effective immediately.
June 20 -
J.P. Morgan Asset Management has launched a multi-asset unit headed by Seth Bernstein, who will oversee the new effort as Global Head of Asset Management Solutions, reporting to Mary Erdoes, CEO of J.P. Morgan Asset Management, according to an internal memo.
June 20 -
State Street Global Advisors began trading the SPDR BofA Merrill Lynch Crossover Corporate Bond ETF and the SPDR BofA Merrill Lynch Emerging Markets Corporate Bond ETF on the NYSE Arca.
June 20 -
The Foreign Account Tax Compliance Act (FATCA) is likely to radically alter how asset managers conduct business on a global scale.
June 20 -
The Dow Jones Industrial Average shot up 95.51 points Tuesday to close at 12,837.33 while techs stocks drove the Nasdaq up 34.43 points to finish at 2,929.76.
June 19 -
On June 19, 2012, alternative mutual fund Pyxis Capital named J. Bradley Ross as its new president to replace outgoing former president Joe Dougherty.
June 19