- Money Management Executive
Internationally, separately managed accounts are growing at a steady pace, unlike the leaps and bounds their stateside counterparts are experiencing.
June 23 - Money Management Executive
The outlook for the global fund industry appears to have some rather ominous storm clouds ahead.
June 23 - Money Management Executive
Separate account managers are earning high marks when it comes to articulating their knowledge of financial markets and the investment process, but considerable improvement is needed in terms of the support they provide advisers.
June 23 - Money Management Executive
Several mutual fund companies and investment advisors that have taken steps to comply with the Securities and Exchange Commission's proxy voting reporting rules are ill prepared to continue the task significantly beyond the Aug. 6 deadline.
June 23 - Money Management Executive
Charles Schwab's Mutual Fund OneSource fund supermarket volume of 55,700 transactions in May increased 1% from May 2002, but declined 3% from April 2003. Total trades of 199,600 during the month were up 11% from a year ago and up 13% from April 2003.
June 23 - Money Management Executive
ING Funds has selected the Bank of New York to provide fund accounting, custody, securities lending and foreign exchange services for the ING Funds, comprising approximately $40 billion of mutual fund assets. The assets represent those of ING Funds and its affiliated fund complexes, including the former Pilgrim and Aetna Funds, as well as various variable annuity portfolios.
June 23 -
Financial Research Corp. (FRC) has contracted with Ibbotson Associates to have Ibbotson analyze its advanced research reports for mutual fund wholesalers and provide five sales ideas for each one. Fund companies can customize each report with their own name and logo.
June 23 - Money Management Executive
U.S. Bancorp Asset Management has named Matt Finn as the new lead manager of the First American Large Cap Value Fund, which had more than $949 million in assets under management as of March 31. The current fund manager, Brent Mellum, will continue to be an important member of the fund's management team, according to the firm.
June 23 - Money Management Executive
Bridgeway Capital Management has hired Mike Mulcahy as a partner and director and Michael E. Rome as a partner.
June 23 - Money Management Executive
Integrity Mutual Funds has promoted Jeffery A. Lindsey to director of marketing.
June 23