Portfolio

Sun Life Financial is readying a national marketing campaign to raise its profile, and to underscore the effort, has just signed a multi-year agreement with the Miami Dolphins to rename the team’s Miami Gardens, Fla., stadium the Sun Life Stadium.

Lord, Abbett has reduced the net expense ratios on two of its international funds by 31 and 23 basis points, bringing the Class A charges both the $949 million Lord, Abbett International Core Equity Fund and the $325 million Lord, Abbett International Dividend Fund to 1.12%. The two funds are now lower than the averages in both their Morningstar and Lipper peer groups.

In 2009, 425 mutual funds were either closed or merged out of existence, up nearly three-fold from the 145 funds that ceased to exist in 2008, according to Lipper.

Some of these trusts are goal-based and some are dollar-based.

Evercore also launched a new website Monday.

More than 20% of hedge funds have been shut down in the past two years, as 1,500 funds were liquidated.

As it waits for the fee income that will come once interest rates rise, Bank of New York Mellon will continue to try and control costs and focus on expanding its asset management and asset servicing businesses overseas, the firm said during an earnings call last Wednesday.

As it waits for the fee income that will come once interest rates rise, Bank of New York Mellon will continue to try and control costs and focus on expanding its asset management and asset servicing businesses overseas, the firm said during an earnings call last Wednesday.

As it waits for the fee income that will come once interest rates rise, Bank of New York Mellon will continue to try and control costs and focus on expanding its asset management and asset servicing businesses overseas, the firm said during an earnings call last Wednesday.

As it waits for the fee income that will come once interest rates rise, Bank of New York Mellon will continue to try and control costs and focus on expanding its asset management and asset servicing businesses overseas, the firm said during an earnings call last Wednesday.