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Legg Mason Inc. has made an executive decision to remove its name from U.S mutual funds run by its Western Asset Management Co. subadvisor to boost sales to individual investors, Bloomberg reports.
June 4 -
Asset managers expect alternative mutual funds will comprise of more than 15% of all mutual funds in 10 years.
June 4 -
Volume in the tax-exempt market should jump back to pre-holiday levels this week, despite several days of municipal bond underperformance in the face of a powerful rally in Treasuries.
June 4 -
To advertising executive Ellis Verdi, a clear strong message is everything. That is why he finds Wall Street's silence over the Facebook IPO so frustrating.
June 4 -
The Dow Jones Industrial Average plunged another 274.88, or 2.2%, to close at 12,118.57 Friday as investors gave an authoritative thumbs-down to the latest batch of economic reports.
June 1 -
Financial services firms and money management executives face an emerging issue that represents both an opportunity and a potential threat: How to leverage extremely large data sets, now termed "big data," to proactively manage risk, improve the customer experience and identify market opportunities.
June 1 -
Investors took $4.92 billion out of mutual funds in the week ended Wednesday, May 23, according to the Investment Company Institute.
June 1 -
On June 1, 2012, its time for you to nominate your colleagues for Money Management Executive's 2012 NOVA Awards to be held at NICSAs General Membership Meeting in Boston in October, 2012.
June 1 -
On June 1, 2012, Cerulli unveiled a new research about the growth of the alternative mutual fund space.
June 1 -
On June 1, 2012, Wheaton, Ill.-based First Trust Advisors filed paperwork with the Securities and Exchange Commission to launch the First Trust Morningstar Diversified Futures Fund.
June 1