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Update -- Andrew McMenigall and Toby Wallace, two executives at Aberdeen Asset Management Plc, were killed in a traffic accident while taking part in a charity bicycle ride across Britain.
July 5 -
Global exchange-traded funds and exchange-traded products last month experienced outflows for the first time in two years losing $3.98 billion.
July 5 -
Aberdeen Asset Management is mourning the loss of Andrew McMenigall, a senior investment manager in the global equity team based in Edinburgh, Scotland and Toby Wallace, a senior relationship manager in its Philadelphia office, who were yesterday involved in a fatal cycling accident in Cornwall, England.
July 3 -
Investors yanked $28.54 billion from long-term mutual funds were $28.54 billion for the week ended Wednesday, June 26, according to the Investment Company Institute.
July 3 -
In investors' epic search for yield, one strategy in particular has risen to the top this yearloan participation mutual funds and ETFs.
July 3 -
Acquisitions are on the mind ofJeff Montgomery, who took over the helm of AFAM Capital at the height of the financial crisis in 2008.
July 3 -
By now, the Securities and Exchange Commission's newly-minted Chair Mary Jo White must be inundated with advice on how to succeed at her job from sources near and far.
July 3 -
Larkspur, Calif.-based Litman Gregory Asset Management has hired Meredith Shuey Etherington as senior investment advisor, providing investment advisory services to individuals, family groups, foundations, and endowments.
July 2 -
Asset management deal activity rose during the first four months of 2013 over the same period in 2012, according to a new report by Freeman & Co.
July 2 -
The Securities and Exchange Commission has named Julie Riewe and Marshall Sprung as co-chiefs of the Division of Enforcements Asset Management Unit, a national specialized unit that focuses on misconduct by investment advisers, investment companies, and private funds.
July 2