- Money Management Executive
Gabelli Funds, LLC of Rye, New York has changed the name of the memorable The Gabelli Global Interactive Couch Potato Fund to The Gabelli Global Growth Fund.
February 7 - Money Management Executive
Timothy J. Stegner has joined Pioneer Investment Management of Boston as vice president of institutional alliances, based in Denver, Colo. Prior to joining Pioneer, Stegner was vice president and regional sales manager at Oppenheimer Funds of New York, in charge of calling on 25 states.
February 7 -
The SEC has suffered a pair of setbacks in its attempts to discourage intermediaries from recommending that their clients sell funds after holding them for only a short time and then use the proceeds to buy new, hot-performing funds.
February 7 - Money Management Executive
The Vanguard Group of Malvern, Pa. led the mutual fund industry in sales of long-term funds last year for the fourth year in a row.
February 7 - Money Management Executive
A recent advertising campaign by Reserve Funds of New York that congratulates four other fund companies for their ability to raise brand awareness has caused some consternation in the industry.
February 7 -
The mutual fund industry is rallying to support a Maryland law that says mutual fund directors do not lose their independence because they get paid for serving on several fund boards in the same mutual fund complex.
February 7 -
The SEC last week won a key case in its efforts to discourage registered representatives from selling class B shares of mutual funds when cheaper A shares are available.
February 7 - Money Management Executive
The 60-second television advertisement that John Nuveen & Company of Chicago ran at the cost of $5 million during Super Bowl XXXIV, and again during post-game, drew mixed reviews from advertising critics and the general public.
February 7 -
The Investment Company Institute has announced its support for an SEC proposal that would allow joint liability insurance coverage to be purchased on behalf of a fund adviser, its officers and its fund directors.
February 7 - Money Management Executive
A push into the independent financial planning channel of Dreyfus Funds of New York, is developing at a healthy clip but is following a very different business model than the firm intended when it announced these plans early last spring. (MFMN 4/26/99)
February 7