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Normally, outsourcing operations at a fund firm is a top-down process.
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On June 6, 2012, Financial services software giant SunGard launched a service for international fund trading, dubbed the SunGard Global Network Funds solution.
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The 48 top-paying independent broker-dealers ranked by average payout.
June 6
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On June 6, 2012, American Century Investments named Peter Cieszko, senior vice president North America, to its management committee, the seven-person senior leadership team that oversees all key functional areas of the company.
June 6 -
On June 6, 2012, Eaton Vance Corp. hired Michael T. Dirstine as vice president, Institutional Business Development, responsible for developing relationships with corporate and select public pension plans, endowments, foundations and other institutional investors.
June 6 -
Pershing on Wednesday said advisors will now be able use its platform to open, fund and manage 529 college savings plans for investors looking to set aside cash for their childrens education.
June 6 -
On June 6, 2012, The Securities and Exchange Commission charged OppenheimerFunds Inc. and its sales and distribution arm with making misleading statements about two of its mutual funds struggling in the midst of the credit crisis in late 2008.
June 6 -
Mutual funds managed to recover somewhat from the massive $4.9 billion outflow they endured mid May by posting the smallest weekly infusion so far this year.
June 6 -
Insurance companies and broker-dealers sold $7.4 billion million in annuity products in April, down from $7.7 billion in March, the Depository Trust & Clearing Corporation announced.
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On June 6, 2012, Alternative mutual fund shop Equinox Fund Management, LLC hired BNP Paribas Financial Services to administer its Frontier Fund, a public managed futures family of funds.
June 6
