- Money Management Executive
160 Employees Face 'Redeployment'
July 13 -
- Money Management Executive
Citizens Funds, a family of socially and environmentally responsible mutual funds, will acquire the assets of Meyers Pride Value Fund, a socially responsible mutual fund, from Meyers Capital Management, the company announced today.
July 11 - Money Management Executive
As part of an effort to spur its managed account business, Citigroup Asset Management has named James Waller director of managed accounts for the private portfolio group and third-party distribution, the company announced today.
July 11 - Money Management Executive
CDA Wiesenberger has announced a deal in which it will begin buying offshore fund data from FT Interactive Data, a division of London-based Financial Times.
July 10 - Money Management Executive
Franklin Templeton of San Mateo, Calif. announced today that it will re-open its Small-Cap Growth fund September 1 and will rename it the Small-Mid Cap Growth fund.
July 10 - Money Management Executive
Barclays Global Investors filed three new iShares with the Securities and Exchange Commission last week, adding to a growing list of exchange-traded funds the company hopes to launch by the end of the year, according to Christine Hudacko, a company spokesperson.
July 10 - Money Management Executive
In an effort to make its funds more competitive in the retirement market, AIM Funds will begin waiving a contingent deferred sales charge on C-shares of all of its funds offered in 401(k) and 457 plans that are redeemed by plan sponsors' terminated employees.
July 10 - Money Management Executive
ING Americas has hired Jim Pedrick for the newly created position of senior vice president of retail marketing.
July 10 - Money Management Executive
OppenheimerFunds has agreed to buy Tremont Advisers, a Rye, New York-based hedge fund firm. The deal, which offers $19 per share in cash, is expected to close in the beginning of the fourth quarter. In May, Tremont reported 6.98 million outstanding A- and B-class shares, making the deal worth $132.62 million in total.
July 10