- Money Management Executive
Long-term mutual funds took in $1.75 billion in the week ended May 25, the Investment Company Institute said.
June 2 - Money Management Executive
Citi has extended its partnership with Mirae Asset Global Investments to provide securities and fund services in support of Mirae’s existing six Mirae Asset Discovery Funds and the additional funds it will add to the family.
June 1 -
A new era in retirement of the unprepared is dawning, as the West’s golden age of pensions comes to an end, according to a report from HSBC Insurance Holdings, “The Future of Retirement: The Power of Planning.”
June 1 -
Putnam Investments has won a sub-advisor mandate for two fixed income funds from Mackenzie Investments with $1.75 billion in assets under management. The two funds are the Mackenzie Sentinel Corporate Bond Fund and Mackenzie Sentinel Registered North American Corporate Bond Fund.
June 1 -
Matthews International Capital Management has launched the Matthews China Small Companies Fund.
June 1 -
A vast majority, 86%, of the 800 institutional investors and corporate executives surveyed for BNY Mellon believe there are significant opportunities for stock market growth. However, 58% think there are major downside risks preventing them from taking advantage of those opportunities, the survey, conducted by the Economist Intelligence Unit, found.
June 1 - Money Management Executive
While the outlook for the global wealth industry continued to improve in 2010, wealth managers need to refine their pricing models to best prepare for future growth, according to a new study from Boston Consulting Group.
June 1 -
American Century Investments has hired Peter Cieszko as senior vice president. In this newly created position, Cieszko will be responsible for all institutional and intermediary sales in North America, including wirehouses, regional and independent advisors, RIAs, banks, insurance companies, corporate and public pension plans, endowments and foundations. Reporting to Michael Green, head of global client relationships, Cieszko will join the company later this summer.
June 1 -
The Financial Industry Regulatory Authority issued an alert to investors to look carefully into the potential risks of nonrecourse stock-based loan programs before participating in them.
May 31 - Money Management Executive
No-load mutual fund share classes, particularly those without 12b-1 fees, have become the single most important share class in mutual fund sales through intermediaries, according to a study by Strategic Insight.
May 31