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Exchange-traded fund sponsor WisdomTree has launched a corporate bond ETF covering emerging market issuers across Asia, Latin America, Eastern Europe, Africa and the Middle East.
March 8 -
Market volatility severely curtailed revenue growth among asset managers in 2011, while independent managers continued to outperform management subsidiaries, according to a study released by consulting firm Casey, Quirk & Associates LLC.
March 8 -
A senior Prudential executive is calling upon the government to promote the development of multiple employer plans, which allows many small employer to pool their resources together under a single defined contribution plan.
March 8 -
imensional Fund Advisors has appointed Steve Clark, formerly head of portfolio management, as head of the North American Institutional group. He replaces Dave Schneider, who is retiring.
March 8 -
It's official: BlackRock, Inc. today says it has completed its acquisition of the Toronto-based Claymore Investments, Inc.
March 8 -
Santa Fe, NM-based Thornburg Funds has promoted Rob McInerney, formerly a regional consultant, to the role of national sales manager, effective March 1. He will also assume the role of president of Thornburg Securities Corp., succeeding Jack Gardner in both positions.
March 7 -
San Francisco, Calif,-based Callan Associates, an investment consultant, has hired Benjamin Taylor as vice president, responsible for investment structure reviews, fee analyses and record keeping searches.
March 7 -
361 Capital, a provider of alternative investment mutual funds, separate accounts, and limited partnerships to institutions, financial intermediaries, and high-net-worth investors, has entered into a strategic partnership with Lighthouse Partners, a fund-of-hedge-funds and managed account investment adviser.
March 7 -
The Investment Company Institute has promoted Kathleen Joaquin to the position of Chief Industry Operations Officer, replacing 25-year veteran Donald Boteler, who retired earlier in the month.
March 7 -
Securities and Exchange Commission chairman Mary L. Schapiro told a financial services subcommittee of the House of Representatives that the federal regulator intends to spend $100 million of its $1.6 billion requested budget for fiscal 2013 on information systems and another $50 million on modernizing the EDGAR stock information database and www.sec.gov, its public web site.
March 7