Money Management Executive Latest News

It's been four years since the management team at Neuberger Berman decided to spend $922 million in order to acquire a majority interest in their firm and the fixed income and alternative asset management businesses of Lehman Brothers' Investment Management Division in the wake of Lehman's collapse.

Boston-based Affiliated Managers Group has agreed to acquire a majority equity interest in Yacktman Asset Management Co.

BlackRock became the world's largest asset manager by astute investing in bonds. The first securities it offered to investors back in 1988 were in fact fixed-income products.

If you want to ace your examinations by the U.S. Securities and Exchange Commission, remember these three phrases: fund governance, fraudulent activities and performance and advertising.

Advisors feel that social media is a "wise use" of asset managers' time and resources and just over one-third believe asset management firms are "not yet seeing the value" of social media, according to a study by American Century Investments.

You just got a payment for $2,121,371.48 from a major mutual fund manufacturer. The size is nice. But how do you know if it's correct?

On April 20, Nuveen funds earned Morningstar Negative ratings.

On April 20, SS&C CEO said he is 'Very confident' now of GlobeOp takeover.

The nascent active exchange-traded fund space, currently populated by PIMCO, AdvisorShares and Guggenheim Partners, may soon get a new entrant.

On April 20, MME learned that Oculus is planning to launch a new unit within the firm.