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It turns out that Jasen Snelling, the Cincinnati man who was sentenced Tuesday to 131 months in prison for running a Ponzi scheme, also ran a successful mutual fund back in the day.
October 25 -
This week, four funds earned Morningstars highest Gold ratings.
October 25 -
The Mutual Fund Education Alliance yesterday unveiled the winners of the 2012 STAR Awards for excellence in mutual fund marketing and communications at the Fairmont Chicago Millennium Park.
October 25 -
3D Asset Management today officially unveiled Vincent Leon as vice president and National Sales Manager overseeing all sales, marketing, and distribution for its Intermediary and Retirement channels.
October 25 -
Ramius today disclosed that its Ramius Trading Strategies Managed Futures Fund (RTSIX, RTSRX) has been added to the recommended list of mutual fund products on the alternatives platform of Fortigent, a provider of high-net-worth products and consulting services to RIAs, banks and trust companies.
October 25 -
Boston-Determining which asset classes and markets are currently attracting the most investor attention can be a daunting task for asset managers.
October 25 -
Value Line Funds has combined the Value Line U.S. Government Money Market Fund (VLCXX) into the Reich & Tang Daily Income Fund U.S . Government Portfolio, effective October 19.
October 24 -
Mutual funds saw inflows of $7.95 billion for the week ended Wednesday, October 17, according to the Investment Company Institute.
October 24 -
T. Rowe Price Group said today that the Baltimore-based investment management company finished up 2012s third quarter with about $574.4 billion in assets under management, marking a $32.7 billion increase over the period.
October 24 -
Paladyne Systems has appointed Paul Cucurullo as senior director of sales to lead and develop the Paladyne offering for long-only asset managers and investment advisors.
October 24 -
Marc Jimenez, former regional director for Dimensional Funds, a $240 billion mutual fund family, has joined Cambridge Southern Financial Advisors to run the firms new Denver office.
October 24 -
Principal Funds president and CEO Nora Everett has been elected to the Investment Company Institute's Board of Governors.
October 24 -
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AdvisorShares is currently prepping a global short selling exchange-traded fund dubbed the International Bear ETF, to launch within the next few months.
October 23 -
Kathleen Gaffney, a member of Loomis, Sayles & Companys multisector full discretion fixed income portfolio management team, has left the firm to join Eaton Vance as co-director of Investment Grade Fixed Income.
October 23 -
The rapid growth in exchange-traded funds is making the landscape a treacherous one for investors and advisors alike.
October 23 -
The Investment Company Institute is touting its more user-friendly website, which includes a new overall look and improved navigation.
October 23 -
When it comes to revenue and expense management, the investment management industry is fragmented and in need of an overhaul, according to a recent survey of EMEA investment managers by Bonaire Software Solutions.
October 23 -
RiverNorth Capital Management has launched a new options/volatility mutual fund: the RiverNorth Dynamic Buy-Write Fund (RNBWX), which sells what the firm believes to be the most attractive covered equity options.
October 23 -
BOSTON-Understanding what makes a good manager can make or break a fund firm in terms of getting its products distributed or dropped.
October 23