- Money Management Executive
Capital Research & Management, the asset management unit of Los Angeles-based Capital Group, has sold 48.3 million shares of Time Warner.
February 14 - Money Management Executive
There's certainly no love lost between Wall Street and New York Attorney General Eliot Spitzer, but it appears the would-be governor can add former General Electric CEO Jack Welch to the "do-not-call" list for campaign contributions.
February 14 - Money Management Executive
On the heels of merger rumors between Morgan Stanley and money manager BlackRock, Merrill Lynch is now said to be in the final stages of similar discussions with the fixed income specialist.
February 14 - Money Management Executive
American Funds has overtaken competitors Vanguard and Fidelity to become the largest mutual fund manager in the country, according to the Los Angeles Times.
February 13 - Money Management Executive
Goldman Sachs has come up with a new kind of hedge fund, one that offers investors protection in the event of an economic decline, according to The Globe & Mail.
February 13 - Money Management Executive
Mutual funds are playing the name game more than ever these days, and while marketing or mergers and acquisitions compel most changes, sometimes it's a sign of a more significant shift.
February 13 - Money Management Executive
Still wobbly from aggressive trading just a few days earlier, the world's industrial and precious metals market was rocked further by a major sell-off on Friday, according to Reuters.
February 13 - Money Management Executive
TIAA-CREF, known for providing pensions to teachers and college professors, is struggling when it comes to helping people save for higher education, according to Dow Jones. In 2003, the financial service provider lost its 529 contract with New York State, and last year, it lost Missouri.
February 13 - Money Management Executive
In an agreement that further reflects the popularity of outsourcing non-core business, SEI Investments will provide mutual fund administration, accounting, distribution and compliance services to Westwood Holdings Group.
February 13 - Money Management Executive
Fidelity Investments Japan's new president is very optimistic that market will surpass the United Kingdom to become Fidelity's No. 1 overseas market by 2010. Thomas Balk told Dow Jones he hopes the triple assets from three trillion yen to 10 trillion yen by 2010.
February 13