-
When it comes to sector exchange-traded funds, know what you're buying.
June 30 - Money Management Executive
Federated Investors, Inc. has agreed to buy $903 million in assets, including about $571 million in money market fund assets from Trustmark Investment Advisors, Inc., Trustmark National Bank and Performance Funds Trust.
June 30 - Money Management Executive
United Technologies Company last week took the plunge into providing its employees a steady stream of retirement income. The 199,900-employee Hartford, Conn.-based firm added the Lifetime Income Strategy, a customized age-based default investment program designed by Alliance Bernstein, into its $14 billion 401(k) plan.
June 30 -
In the span of 12 months, the Active Bear Exchange-Traded Fund (HDGE) has become a wirehouse darling. The fund has multiplied its assets eight-fold from $40 million in assets in January 2011 to $319 million at press time.
June 30 -
-
How often have sponsors had to intervene to prop up money market funds?
June 30 -
On June 29, 2012, Last week, the Board of Trustees of Trust for Professional Managers approved a reorganization of the Marketfield Fund, an equity and fixed income long/short mutual fund, into the MainStay Marketfield Fund, a newly created series of MainStay Funds Trust.
June 30 -
On June 29, 2012, BlackRock Asset Management¹s Toronto-based arm has crowned Noel Archard, the global asset management firm¹s current head of U.S. iShares, to succeed Bill Chinery as chief executive officer.
June 29 -
On June 29, 2012, St. Paul, Minn.-based Advantus Capital Management is adding an institutional share class of the Advantus Strategic Dividend Income Fund to its lineup within the next three months.
June 29 -
On June 29, 2012, PIMCOs founder this week gave his readers a bit more than his usual insights on the state of the market.
June 29