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NYSE Euronext said activity on its U.S. stock exchanges fell 19.8 percent in September from August.
October 7 - Money Management Executive
BOSTON—An overly disillusioned Generation Y, the exploding middle class in emerging market nations and the bravery and the foresight to embrace new ways to reach investors will provide opportunities to the asset management industry in the years ahead, said Penny Alexander, senior vice president of Franklin Templeton Investments.
October 6 -
Russell Investments has launched four additional investment discipline exchange traded funds, the new offerings focused on small-cap indexes. Russells investment discipline indexes take indexing to the next level by aiming to mirror the way equity managers invest.
October 6 -
Risk management software firm Algorithmics said that it will work with Societe Generale Corporate & Investment Banking to develop a counterparty credit valuation adjustment product that SocGen can use to actively price and manage counterparty credit risk across all asset classes.
October 6 -
On the heels of the success of its Keeley Small Cap Dividend Value Fund, Keeley Asset Management has launched the Keeley Mid Cap Dividend Fund.
October 6 -
The John Hancock Investor Sentiment Index fell to 10 in the third quarter, down from 18 in the second quarter and 22 in the first quarter when the index was launched.
October 6 -
Brown Advisory has launched the Brown Advisory Tactical Bond Fund, a fund focused on total return that, using a quantitative modeling process to track macro movements in bond sectors, will invest in fixed-income products including tax-exempt municipal bonds, corporate bonds, U.S. Treasury bonds, Treasury inflation protected securities and cash equivalents.
October 6 -
A majority of married couples in their 60s lack the knowledge about how to maximize their Social Security benefits and whether or not to expect Social Security advice from a financial planner.
October 6 -
Investors have pulled nearly $80 billion this year out of mutual funds that invest in U.S. stocks. That's the tally after investors yanked $5.5 billion from all types of mutual funds in the last week of September.
October 6 -
Frank Roccisano has been named complex manager in Kentucky and West Virginia at Morgan Stanley Smith Barney.
October 5
