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Nuveen Fund Advisors and GuideStone Funds garnered the top group honors at the 2012 U.S. Lipper Fund Awards.
March 12 -
Thanks to stagnant interest rates and lingering worries over the Eurozone and other developed markets, the exchange traded fund market in February grew 3.9%, or more than $44 billion assets, over the previous month, according to a snapshot report released by State Street Global Advisors.
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The exchange-traded product market reached $1.72 trillion of assets at the end of February, up 12.8 percent year to date, according to the ETF Landscape report issued by the BlackRock Investment Institute.
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The San Francisco company has not made it easy for fund families to work through its online platform, featuring five incompatible sites. That's about to change, with an Investment Manager Gateway.
March 12 -
Ameriprise Financial has lured in two new advisor teams boasting more than $204 million in client assets from Merrill Lynch and Lincoln Financial.
March 12 -
Santa Fe, N.M.-based Thornburg Investment Management has promoted Rob McInerney, formerly a regional consultant, to the role of national sales manager, effective March 1.
March 12 - Money Management Executive
On March 1, Bill Gross, co-founder of the Pacific Investment Management Company, officially crossed the line and fired his opening salvo in the exchange-traded fund business.
March 12 -
Palm Beach Gardens, Fl.-based Lighthouse Partners, a fund-of-hedge-funds and managed account investment adviser, has taken a minority stake in 361 Capital, a Denver-based provider of alternative investment mutual funds, separate accounts, and limited partnerships to institutions, financial intermediaries, and high-net-worth investors.
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''The new normal is that we are in transition, we are in transformation and we don't know where we're heading,'' according to Lazaro Campos, chief executive of the Society for Worldwide Interbank Financial Telecommunication.
March 12 -
So you want to tap into the global markets and find new opportunities for growth.
March 12
