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Eaton Vance Investment Counsel, a subsidiary of Eaton Vance Corp., has hired William M. Gillen to the position of vice president, Business Development, responsible for enhancing EVIC's presence in the marketplace and overall marketing efforts.
July 2 -
On July 2, 2012, PIMCO has teamed up with Source UK Services Ltd. to launch an exchange-traded fund to bet on the German government bond market.
July 2 -
How often have sponsors had to intervene to prop up money market funds?
July 2 -
When it comes to sector exchange-traded funds, know what you're buying.
June 30 - Money Management Executive
Federated Investors, Inc. has agreed to buy $903 million in assets, including about $571 million in money market fund assets from Trustmark Investment Advisors, Inc., Trustmark National Bank and Performance Funds Trust.
June 30 - Money Management Executive
United Technologies Company last week took the plunge into providing its employees a steady stream of retirement income. The 199,900-employee Hartford, Conn.-based firm added the Lifetime Income Strategy, a customized age-based default investment program designed by Alliance Bernstein, into its $14 billion 401(k) plan.
June 30 -
In the span of 12 months, the Active Bear Exchange-Traded Fund (HDGE) has become a wirehouse darling. The fund has multiplied its assets eight-fold from $40 million in assets in January 2011 to $319 million at press time.
June 30 -
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How often have sponsors had to intervene to prop up money market funds?
June 30 -
On June 29, 2012, Last week, the Board of Trustees of Trust for Professional Managers approved a reorganization of the Marketfield Fund, an equity and fixed income long/short mutual fund, into the MainStay Marketfield Fund, a newly created series of MainStay Funds Trust.
June 30 -
On June 29, 2012, BlackRock Asset Management¹s Toronto-based arm has crowned Noel Archard, the global asset management firm¹s current head of U.S. iShares, to succeed Bill Chinery as chief executive officer.
June 29 -
On June 29, 2012, St. Paul, Minn.-based Advantus Capital Management is adding an institutional share class of the Advantus Strategic Dividend Income Fund to its lineup within the next three months.
June 29 -
On June 29, 2012, PIMCOs founder this week gave his readers a bit more than his usual insights on the state of the market.
June 29 -
On June 29, 2012, Education and healthcare retirement plans are using more target date funds and Roth features in their plans, according to the latest 403(b) plan sponsor survey from the Plan Sponsor Council of America.
June 29 -
On June 29, 2012, Charles Schwab yesterday rolled out the first version of the new Schwab Advisor Center app for the iPhone for independent investment advisors who custody assets with Schwab Advisor Services.
June 29 -
On June 28, 2012, Los Angeles-based TCW has hired David Loevinger as managing director and sovereign analyst in the Emerging Markets Group.
June 28 -
On June 28, 2012, Pioneer Investments has made a series of new hires and promotions that are part of its plan to increase its U.S. retail sales team by approximately 25% in 2012.
June 28 -
On June 28, 2012, Assets of all exchange-traded funds fell in May by $71.42 billion, or 6% to $1.116 trillion, according to data from the Investment Company Institute.
June 28 -
On June 28, 2012, The $387 million, 4-Star Buffalo Science and Technology Fund (BUFTX) will be renamed the Buffalo Discovery Fund effective June 29.
June 28 -
PIMCO is ramping up its alternative investment team with a trio of new hires from big-name hedge funds.
June 28