-
On the first day of June, the Dow Jones Industrial Average dropped 1.95%, the Standard & Poor's Index 2.18% and the and Nasdaq Composite Index 2.5%. In effect, stock market gains for the year were wiped out. The reason: Jobs.
June 15 -
On June 14, 2012, Los Angeles-based TCW Group said the combined TCW and MetWest mutual fund complex has experienced $4.7 billion in net inflows in 2012.
June 14 -
On June 14, 2012, SunGard today its SunGard Global Network, an automated trade-routing service connecting investors to fund families, has surpassed $400 billion in total fund assets, including mutual funds and money market funds.
June 14 -
On June 14, 2012, Teaneck, NJ-based Cognizant Technology Solutions Corp, a financial services shop, today issued a press release about a new partnership with ING U.S. to offer a comprehensive array of insurance business process services.
June 14 -
On June 14, 2012, if you think alternative mutual funds are just a fad, then maybe you havent seen the latest offering from PIMCO.
June 14 -
Ever since the merger between alternative investment shop Ramius and investment bank Cowen Group in November 2009, the two firms have been looking at ways to integrate and grow Ramius' hedge funds, fund of funds, real estate and cash management businesses.
June 14 -
On June 13, 2012, MainStay Investments, a New York Life company, added the MainStay New York Tax Free Opportunities Fund, the firm's first state-specific municipal bond strategy, to its portfolio.
June 13 -
Mutual Funds Lose $1.37 Billion Week Ending June 6, 2012. Stock Funds Lose $3.08 Billion.
June 13
-
On June 13, 2012, New York-based Advent Capital Management, an investment advisor specializing in convertible, high yield and equity strategies offered through long only, hedge fund and NYSE closed-end mutual fund products, has hired Osbert Hood, chief executive officer at Pioneer Investments USAs, as its chief operating officer.
June 13 -
On June 13, 2012, Hartford, Conn.-based multi-manager shop Virtus Investment Partners, Inc. revealed that it has filed with the Securities and Exchange Commission for five new open-end mutual funds.
June 13
