Practice

On August 6, 2012, Since the Reserve Primary Fund broke the buck in September 2008, the nation's money market mutual funds have seen a long, steady erosion of their use by corporations and financial institutions.

Looking for a different culture, Paul Keats, who had over two decades at Morgan Stanley Smith Barney, and John Keats struck out for a smaller, regional firm.

On August 3, 2012, An arbitration panel has struck down an investor’s $1 million-plus claim against Morgan Keegan’s troubled bond funds, citing the standard industry warning “Past performance is not guarantee of future results.”

What is up with ASPire?

Attention, asset managers: The Registered Investment Advisor channel is one place where you can differentiate your offering in a crowded marketplace, according to Cerulli Associates.

There's no question that breaking the buck value of a share, permanently, would upend if not destroy the foundation of the money market mutual fund industry.

David Wray, president of the Plan Sponsor Council of America, will retire from his post as president of the PSCA at the end of September.

Since the Reserve Primary Fund broke the buck in September 2008, the nation's money market mutual funds have seen a long, steady erosion of their use by corporations and financial institutions.

As legal eagles-including regulators, cops and attorneys-continue to swoop down for the kill in the wake of the LIBOR debacle, asset managers still struggle to gauge the scandal's impact on their investments.

An arbitration panel has struck down an investor's $1 million plus claim against Morgan Keegan's troubled bond funds, citing the standard industry warning "Past performance is not guarantee of future results."