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The naming of Sam Peters to run Bill Miller's $4.2 billion fund is seen as yet another step in the eventual successor plan.
May 24 -
BOSTON -- The staggering growth of UCITS (Undertakings for Collective Investment in Transferable Securities) throughout Europe, Asia and Latin America has led to a proliferation of new investment products and trading opportunities, but restrictive investment mandates and tax requirements in the U.S. are causing some U.S. investors to feel left out of the game.
May 24 -
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Legg Mason has named Sam Peters, 40, co-manager of Bill Miller’s $4.2 billion Value Trust fund, a move widely seen as selecting Peters to be the eventual replacement for Miller as chairman and CEO of the firm.
May 24 -
Alternative-investment industry could get huge break if products are approved as UCITS.
May 24 -
The recovery zone bond program would double in size to $50 billion and Build America Bonds could be used to do current refundings of existing BABs under a new tax and jobs bill released late Thursday evening by leaders of the House and Senate tax-writing committees.
May 24 -
U.S. Trust plans on hiring over 200 people in 2010 in order to expand its wealth management team.
May 21 -
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Fixed annuities terrible sales figures drag down the total; VA sales remain largely flat.
May 20 -
New rules approved Wednesday by the Internal Revenue Service require 401(k) providers to offer participants at least three investment alternatives to company stock, which experts say most plan providers do anyway.
May 20
