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Van Kampen has hired Elizabeth Hughes Eginton as managing director, head of product and marketing. In this new position at the firm, Eginton will report to President and CEO Jerry Miller.
February 11 -
Fidelity Investments is shaking up its stable of portfolio managers who delivered disappointing returns in 2008, The Wall Street Journal reports. In recent weeks, one manager has left the company, two were demoted to analyst and Fidelity is currently trying to reassign two others.
February 9 -
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Mutual fund prospectus provider NewRiver is suing Morningstar for using Internet espionage to steal information from its patent-protected system.
February 9 -
John Hancock Retirement Plan Services has expanded its sales team by 18, hiring eight regional vice presidents and 10 professionals to man its new internal sales desk. This is a 15% increase in John Hancocks team supporting advisers selling 401(k)s.
February 9 -
Mutual fund prospectus provider NewRiver is suing Morningstar for using Internet espionage to steal information from its patent-protected system.
February 2 -
Charles Schwab Corp. said it plans to cut 500 to 600 jobs this quarter in its effort to contain costs.
February 2 -
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In response to a report in The Boston Globe that Fidelity Investments is exploring a sale, chairman Edward C. Ned Johnson issued a rare response denouncing the rumor.
January 30 -
Ellyn McColgan is leaving her post as head of Morgan Stanley's global wealth management unit after less than a year on the job. The news comes in the wake of the announcement of Morgan Stanley's planned joint venture with Smith Barney.
January 29