-
(Bloomberg) -- Fidelity Investments, the second- largest U.S. mutual fund company, reported a 13% increase in operating income last year as the rally in equities boosted assets.
February 14 -
For all their recommendations to buy emerging-market stocks, the worlds largest money-management firms havent convinced some investors that the worst start to a year since 2009 is over.
February 14 -
Eaton Vance Corp., the money manager known for its focus on tax-efficient investing, appointed Goldman Sachs Group Inc. executive Edward J. Perkin as chief equity investment officer.
February 14 - Money Management Executive
Lane MacDonald, who oversaw private-equity investments for Harvard Universitys endowment, has left the school to manage money for the Johnson family, owners of Fidelity Investments.
February 12 -
Charles Schwab is adding a long-awaited 401(k) platform that will allow participants to invest all of their plan in low-cost ETFs, signifying a desire to capitalize on the ETF growth story. .
February 12 -
U.S. stocks fell after the best four-day rally in a year for the Standard & Poors 500 Index. Treasuries slid amid comments from Federal Reserve officials, while China trade data spurred a rally in commodities.
February 12 - Money Management Executive
Deutsche Bank Is Said to Seek $1 Billion for Next Secondary Fund
February 12 - Money Management Executive
Brevan Howard Said to Shut Sundstroms Emerging Markets Fund
February 11 - Money Management Executive
Emerging-Market Stocks Decline as Forint Sinks on Goldmans Call
February 11 - Money Management Executive
KKR to Close Two Funds for Individuals in Setback to Retail Push
February 11