Industry

The New York Stock Exchange said it will buy cross-town rival the American Stock Exchange for $260 million in stock in addition to whatever monies are raised by the sale of the smaller exchange’s headquarters.

By now, most asset management executives have seen the predictions that large-cap growth will be the way to go in 2008. But digging deeper than mere asset class predictions, MME spoke with two industry leaders to tease out nuances of what fund managers can expect this year.

Sincere Joins F-Squared Board

The rapid growth in the exchange-traded fund arena is increasing the complexity of capital gains taxes, writes the Wall Street Journal.

Kenyon Switches From Goodwin to Dechert

McColgan's Next Act: Head of Morgan Wealth

Horowitz to Oversee Index Growth at Russell

Standish Becomes Director At Fisher Wealth Mgmt.

Forget the hoopla over exchange-traded and emerging markets funds. If there's one new, significant development in the world that the U.S. mutual fund industry should take advantage of through the launch of new funds, it's the increasing worry over global warming.

SEC Names Osterman Associate Director of Investment Management