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IT practitioners and other tech types will kick off this week's 26th Annual NICSA conference and expo in Miami by addressing how fund companies will manage the industry's international expansion.
February 18 -
As the subprime contagion infects new corners of the financial markets, portfolio managers are voting with their feet and moving money into what are perceived to be safer investments.
February 18 -
Two senior-level executives with Julius Baer earned compensation packages worth $120 million in the first nine months of 2007, according to a regulatory filing.
February 18 -
A pair of senior executives of the U.S. asset management business of Julius Baer, the Swiss wealth business, earned compensation packages worth $120 million in the first nine months of 2007, according to a regulatory filing ahead of the unit's flotation planned for this year.
February 14 -
U.S. money manager Legg Mason denied market rumors this week that one of its money market funds had fallen to below $1 in net asset value, commonly known as "breaking the buck."
February 14 -
The Securities and Exchange Commission said it wants to require investment advisers to provide clients with online brochures describing their services, fees and conflicts of interest in a reader-friendly format.
February 14 -
Morgan Stanley is eliminating 1,000 jobs as it scales back its residential mortgage operations in the U.S. and closes operations in the U.K., Reuters reports, citing Morgan Stanley information. More than 100 other mortgage lenders have cut jobs in the last year as the housing crisis worsens.
February 14 -
Investors holding municipal bonds directly or through mutual funds could see their returns diminished by ratings agencies' recent downgrades of troubled bond insurers, according to a report prepared for Congress.
February 12 -
The credit crunch is crunching another corner of the market: securities tied to student loans, according to the Wall Street Journal.
February 12 - Money Management Executive
The Depository Trust & Clearing Corporation (DTCC) said Tuesday it will launch Loan/SERV, a new and evolving suite of services to help automate and streamline the processing of syndicated commercial loans.
February 12