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Julius Baer Americas, a subsidiary of the Swiss wealth manager Julius Baer Holding Ltd., has changed its name to Artio Global Investors Inc.
June 16 -
NEW YORK-Timothy Geithner, president and CEO of the Federal Reserve Bank of New York, called for substantial reforms to the structure of the regulatory system of the U.S.
June 16 -
While Morningstar certainly has carved out its niche and made a name for itself arming individual investors with mutual fund data and insight, the company plans to increase its focus on financial advisers and institutions, or the "pros" eager to pay for quality research. That's according to an interview with Morningstar CEO Joe Mansueto in last week's issue of BusinessWeek.
June 16 -
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In a conference call Thursday morning, Boston-based Putnam Investments announced that Robert L. "Bob" Reynolds will succeed Charles E. "Ed" Haldeman to become the firm's president and chief executive officer. Haldeman plans to stay on board and will take on a new role as the chairman of Putnam Investment Management, LLC.
June 16 -
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Fidelity Investments is having one of its weakest first five months in recent history. Only 39% of Fidelity's equity funds are in the company of the top half of their peers, whereas 64% were a year ago, according to Morningstar.
June 16 -
Friends and family members of New York college-bound students can now make contributions to a student's 529 college savings plan, thanks to a change in New York State law that mirrors similar programs in other states.
June 16 -
Leading-edge technology has never been a hallmark of the Securities and Exchange Commission. While investment management has gone hand-in-hand with cutting-edge technology for the past quarter century, information technology typically accounted for just 8% of the Commission's annual budget in 2005, according to TowerGroup.
June 16 -
When News Corp. Chairman and CEO Rupert Murdoch speaks, we in the financial publishing world listen, just as fund managers hang on words from Warren Buffett, Bill Gross or Peter Lynch.
June 16