- Money Management Executive
Metropolitan West Capital Management, which has more than $2 billion in assets under management, has appointed former California State Treasurer Matthew Fong to its mutual fund board of directors.
July 22 - Money Management Executive
PFPC, a full-service mutual fund transfer agent and a company in the PNC Financial Services Group, has named James McCoy vice president and director of sales and marketing for the firm's managed accounts division.
July 22 -
Starting a new mutual fund in these volatile times isn't the most enviable of tasks, but it's one that Kent Gasaway relishes.
July 22 - Money Management Executive
The nations 10 largest mutual funds, all of which invest in large-cap stocks, have been investing in mid- and small-cap stocks to cushion losses due to poor market conditions, Standard & Poors has found. S&P reported this in its online service for financial planners, Fund Advisor.
July 19 - Money Management Executive
Mutuals.com has announced its intention to increase its assets under management by buying other investment companies. The firm, which currently manages approximately $240 million, hopes to reach $10 billion in assets under management by the end of 2005.
July 19 - Money Management Executive
The Quaker Funds has selected the Canadian firm Sectoral Asset Management to sub-advise its new biotech fund.
July 17 - Money Management Executive
Charles Schwab Corporate Services has introduced a new monthly report for retirement plan sponsors to monitor the investments in their plans.
July 16 - Money Management Executive
Socially Responsible mutual fund family Citizens Funds applauded Coca-Colas decision to expense stock options on its income statement, rather than treating this expense in a footnote. This will make executive compensation expenses clearer to investors, according to Citizens.
July 15 - Money Management Executive
A new Internet-based retirement plan administrator, e401k.com, is nearing launch, having selected ExpertPlan to provide the Web technology, record keeping and transaction management for its services, e401K.com announced today.
July 15 - Money Management Executive
American Express Financial Advisors has expanded the individual portfolio strategies it offers investors in its Wealth Management Services division to 55, adding eight new ones, the company announced today.
July 15