Industry

According to the survey, 70% of RIAs cited market volatility as the top concern among their clients, while 99% said it was among clients’ top three concerns. Only 6% of RIAs said wealth accumulation was a top client concern.

Corporate acquisitions using overpriced shares of stock rarely do much to cushion the decline the shares eventually suffer, according to a new study.

Mirae Asset Global Investments, a specialist in emerging markets, has named Peter Graham president of the Mirae Asset Discovery Funds, responsible for overall strategies and progress towards its goals.

The Financial Planning Association this week elected Michael Branham as its new president-elect and added three new board members.

BOSTON—The largest, and most successful, asset managers are structured as partnerships, Bob Pozen, chairman emeritus of MFS Investment Management, told Fund Forum USA’s Global Fund Distribution Summit here Monday.

The owners of Standard & Poor’s Indices and Dow Jones Indices will create a joint venture in index services.

Putnam Investments has named industry veteran Stephen Jenks head of products and marketing for its defined contribution business.

DataContent has teamed up with UK recruitment agency IT Human Resources to create an executive search partnership specializing in market data.

JP Morgan Chase & Co. has named Viswas Raghavan its new global head of equity capital markets. At the same time, Andy O’Brien and Jim Casey become co-heads of global debt capital markets.

Investment banking and brokerage firm Stephens Inc. has named John Baumgartner managing director and co-head of equity capital markets.