Money Management Executive Latest News

Van Ness Funds has filed with the Securities and Exchange Commission to liquidate all five of its index funds. The funds were distributed through Whatifi.com, an online financial services firm, which marketed the funds to young investors with online financial planning advice.

MFMarketnews.com is keeping abreast of the industry's latest developments with postings twice a day. If you didn't log on last week, here are some Web exclusives you missed:

Federated Investments has hired Keith Schappert, a longtime J.P. Morgan executive, to lead its investment management operations.

Attrition and an effort to expand its equity management business have driven a spate of new hires at Calvert.

BISYS, the New York-based mutual fund service company, has named George Evans head of business development for the company's investment services group.

INVESCO Retirement, INVESCO's Atlanta-based defined contribution division, has apppointed Jay Wilkinson senior VP and director of alliance sales effective immediately.

Jim Atkinson, the president of Maxfunds.com, is striking out on his own to start Orbis Marketing, a new mutual fund marketing firm.

Assets in managed accounts increased 12.8% in the fourth quarter, according to the business’ chief industry group.

Evergreen Investments, a Boston asset manager that oversees $214 billion in assets, said today that it will re-brand all of its products in a campaign designed to make investors aware of the company’s recent growth.

The business venture of two former top executives at Credit Suisse Asset Management got off the ground today. Silvercrest Asset Management Group, created by G. Moffett Cochran and Martin Jaffe, the former president and CFO, respectively, of CSAM, began formal business operations today.