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Mutual funds logged another brutal week, posting a third overall outflow this year, according to the Investment Company Institute.
June 15 -
On June 15, 2012, Manulife Financial said that Craig Bromley will be appointed senior executive vice president and general manager, U.S. Division, and president of John Hancock Financial Services, effective September 1.
June 15 -
On June 14, 2012, Teaneck, NJ-based Cognizant Technology Solutions Corp, a financial services shop, today issued a press release about a new partnership with ING U.S. to offer a comprehensive array of insurance business process services.
June 14 -
Martin Capital Management, LLC, has launched the Martin Focused Value Fund, which will bet undervalued shares of publicly traded U.S. companies.
June 14 -
On June 13, 2012, New York-based Advent Capital Management, an investment advisor specializing in convertible, high yield and equity strategies offered through long only, hedge fund and NYSE closed-end mutual fund products, has hired Osbert Hood, chief executive officer at Pioneer Investments USAs, as its chief operating officer.
June 13 -
Financial advisor Paul Siegel, the latest addition from its three-year recruitment binge, joins the firms Scottsdale, Ariz. office.
June 13 -
The Retirement Income Industry Association has appointed industry veteran and retirement specialist Karen Wimbish to its board of directors.
June 13 -
J.P. Morgan Asset Management has added Robert Stark to lead its Strategy and Business Development unit. He will be based in New York and will be responsible for growing the firms Asset Management unit globally. He reports to David Brigstocke, chief financial officer.
June 13 -
In the latest move to expand its technology and defense, restaurant and health care advisory divisions, the firm has appointed three new managing directors.
June 12 -
On June 12, 2012, J.P. Morgan Asset Management added Robert Stark to lead its Strategy and Business Development unit.
June 12
