- Money Management Executive
The Board of Directors at Strong Mutual Funds on Friday named former KPMG partner Phillip O. Peterson president of the funds, in charge of overseeing compliance at the tainted fund shop.
January 20 - Money Management Executive
MFS Investment Management knew about market timing in its funds but was slow in curtailing it, according to e-mail messages obtained by The Boston Globe.
January 20 - Money Management Executive
Researching retirement plans just got quicker and easier thanks to Fund Finder, which is part of the new PremiumERISA service, a not-so-free addition to FreeERISA.com.
January 20 - Money Management Executive
Fidelity Investments had affluent clients in mind last week when it introduced a wide-ranging platform designed to help registered investment advisers (RIAs) better serve those clients with a bevy of new trust services to go along with separately managed accounts (SMAs) and other products tailored to the wealthy.
January 19 -
The umpire strikes back. Investors are finally getting the right calls, as regulators have unveiled a series of aggressive steps to improve fund governance and eliminate hidden fees charged to shareholders.
January 19 - Money Management Executive
With the industry heading toward almost assured legislation relating to fees, the way funds market themselves is sure to morph, and some in the industry are bracing for a "revolution."
January 19 -
If it is true that politics makes strange bedfellows, then financial services scandals make for even more curious divorces.
January 19 -
J.P. Morgan Chase said on Wednesday that it is purchasing Chicago-based Banc One Corp., not only creating a banking giant, but also spawning the fourth-largest fund firm, according to research firm Lipper of New York
January 19 -
FleetBoston said on Thursday that two of its subsidiaries received a Wells notice from the SEC, indicating the agency's regional Boston office had recommended enforcement action against the firm for shirking its fiduciary duties.
January 19 - Money Management Executive
NEW YORK - The trek to the top isn't over quite yet, but the rate in which the economy climbs to the summit will slow in 2004, according to Robert Doll, Merrill Lynch Investment Managers' president and chief investment officer.
January 19