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The Hartford today is taking another step towards focusing on its mutual fund business by agreeing to sell its retirement plans business to rival Massachusetts Mutual Life Insurance Company (MassMutual) for a cash ceding commission of $400 million.
September 4 -
Eaton Vance Management has launched four new Eaton Vance-sponsored mutual funds sub-advised by Hexavest Inc., a Montreal-based investment manager in which Eaton Vance recently acquired a 49% ownership interest.
September 4 -
Does religion play a key part in the way investors and managers place bets on their mutual funds?
September 4 -
Boston Trust Investment Management has selected BHIL Distributors, Inc., the affiliated broker-dealer of Beacon Hill Fund Services, to provide principal underwriter and distribution services to The Boston Trust & Walden Funds.
September 4 -
William "Bill" Scriba, a former T. Rowe Price treasurer and vice president, died on Aug. 28 at his residence in an assisted-living community in Sunnyvale, Calif., of undetermined causes, the Baltimore Sun reports.
September 4 -
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Vincent Leon has joined 3D Asset Management as a National Sales Manager, responsible for overseeing the firms sales and marketing efforts to the wirehouse, RIA, retirement/DCIO and sub-advisory channels.
September 4 -
Crisis may be the new normal for investors, but it's also the stark reality of the communications landscape.
August 31 -
The two Republican members of the Securities and Exchange Commission said they are not opposed to further reform of the money fund industry, but that changes advocated by Chairman Mary Schapiro "were not supported by the requisite data and analysis.''
August 31 -
Late on the evening of August 23 Chairman Mary L. Schapiro decided to punt on the biggest issue of the year for the investment fund industry.
August 31