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On June 1, 2012, Morningstars fund analysts assigned a Gold rating to two funds this week: Yacktman (YACKX) and Litman Gregory Masters Intl Instl (MSILX).
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J.P. Morgan Retirement Plan Services, the retirement plan record keeping business of J.P. Morgan Asset Management, has hired Bill McDermott in a newly created role as head of Sales and Client Solutions.
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On June 1, 2012, Legg Mason Inc. 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.
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On June 1, 2012, shareholders of the Invesco Commodities Strategy Fund this week approved a merger of the fund into the Invesco Balanced-Risk Commodity Strategy Fund.
June 1 -
Triad Advisors, a subsidiary of Ladenburg Thalmann Financial Services Inc., announced that Texas-based, Karsten Advisors has joined Triad as an independent branch office.
June 1 -
Estateplanning.com provides consumers with information on a range of planning topics such as elderly care, inheritance, asset protection and disability. It features a legal glossary and an interactive search function that allows users to connect with estate planners in their area.
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The AlphaClone Alternative Alpha ETF has begun trading today, launched by Exchange Traded Concepts and AlphaClone LLC.
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The big story in the municipal market this holiday-shortened week was the Treasury market.
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On June 1, 2012, Thomson Reuters acquired the mutual fund database business of The Globe and Mail, the Toronto-based newspaper and mutual fund information service provider.
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Private bank clients are more income-focused. How can advisors help them preserve capital across generations?
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