- Money Management Executive
PIMCO Funds Distributors has just rolled out its new college savings program, CollegeAccess 529.
June 3 - Money Management Executive
Once the recession is over and the markets begin to pick up, TowerGroup expects a new wave of mergers and acquisitions in the financial services industry, according to Mark Sievewright, president and CEO of TowerGroup.
June 3 - Money Management Executive
In its annual Portfolio Awards contest, the Financial Communications Society awarded gold awards to MassMutual Financial Group and AGF Mutual Funds for print advertising campaigns they ran last year. They were the only two fund companies to win gold awards among a group of 11 financial service companies that received the top honor.
June 3 - Money Management Executive
While some retirement consultants have begun suggesting guaranteed retirement returns in light of the Enron bankruptcy, that would not be a good idea, according to the Employee Benefit Research Institute.
June 3 - Money Management Executive
Merrill Lynch Investment Managers (MLIM) has named Jerry Miller chief operating officer of MLIM Americas Retail, according to an internal memo. Miller replaces Dennis Reens, who had been serving as interim COO since April.
June 3 - Money Management Executive
The Gartmore Group, the global asset management arm of Nationwide, announced that D. Bruce Johnston has been named president and CEO of its U.S. asset management unit, Gartmore Global Investments.
June 3 - Money Management Executive
Wendy Caplan has joined Wachovia Securities as senior equity research analyst. Caplan will specialize in the diversified industrials sector.
June 3 - Money Management Executive
Joel Denney has joined U.S. Bancorp Piper Jaffray as director of research within the firm's fixed income capital markets division. He will be responsible for seven analysts, who provide general credit markets research for the firm.
June 3 - Money Management Executive
JPMorgan Investor Services Europe, Middle East and Africa has hired Mariagrazia Polo as a sales executive in Italy.
June 3 - Money Management Executive
Evidence is compelling that the U.S. recession ended in the fourth quarter of last year and a new economic expansion is well underway. The downturn was particularly painful for the manufacturing and technology sectors, putting a serious damper on corporate profits. However, the recession has proven to be one of the mildest on record.
June 3