Money Management Executive Latest News

Wasatch Advisors, Inc., which has garnered much attention in the consumer press for its domestic equity portfolios, has an international equity investing team in the works. Two portfolio managers and an analyst recently joined Wasatch and will soon begin working on a new fund offering for the Salt Lake City-based firm.

UBS Global Asset Management has named Brian Storms CEO of the firm's Americas division. Effective July 1, Storms will replace Benjamin Lenhardt, who is preparing for retirement.

Stephen Cronin has been named managing director of retirement services for Access Data Corp., a firm that offers business software and managed services for the financial services industry.

The Social Investment Forum announced last week that Timothy Smith has been elected president of the organization, replacing David Berge, who is stepping down.

Wachovia Corp. has named Georgette Dixon director of the firm's newly created emerging markets department within Wachovia's corporate marketing division, the firm announced last week.

Francis Antin has moved from CEO to chairman of The Boston Company Asset Management, the firm's parent company, Mellon Financial Corp., announced last week.

John Hancock Funds has expanded its Relative Value Investment Team with the hiring of Alan Norton as VP and team leader and Henry Mehlman as VP and portfolio manager.

Hartford Life is expanding its 401(k) operation by going after the small-business market, which has been largely ignored by many that offer the retirement savings plans.

Francis Antin has moved from CEO to chairman of The Boston Company Asset Management, Mellon Financial Corp., The Boston Company’s parent firm, announced last week.

Louis Rukeyser, the financial commentator who was forced from his public television program after hosting it for 32 years, will debut a new show on CNBC next Friday that will compete with the program he is leaving.