Subject Root Tag

Gailyn Johnson, a 23-year veteran of Wells Fargo, will lead technology, operations, and corporate shared services, working with all wealth management business lines.

A former AllianceBernstein investment guru is taking a stab at public service.

Joe Barrato is chief executive officer of Arrow Investment Advisors, a developer and distributor of mutual funds that are built around "targeted" levels of risk.

Raleigh, N.C.-based Hatteras Funds is hosting its own alternative investments road show. The series of forums across the U.S. will allow advisors, home office research teams and consultants to meet the managers of the Hatteras alternative mutual funds, which include Alpha Hedged Strategies Fund, Long/Short Equity Fund, and Long/Short Debt Fund.

A new report by research shop Cerulli Associates is sure to make a few subadvisors smile.

Perhaps it was only a matter of time before Morningstar decided to put its stamp of approval, and disapproval, on alternative mutual funds.

Sy Sacks is on a crusade.

The starter's pistol is about to be fired for the swaps industry.

Wealth management services brought in $7.2 million in revenue in the second quarter, up 42.1% from the $5.1 million generated in the year-ago quarter. The boost was driven primarily by the bank's acquisition of Davidson Trust in May.

Estee lauder’s chief executive officer, Fabrizio Freda, is giving BlackRock, Inc.’s Board of Directors a makeover. Well, sort of.

It seems that the folks at Spectrum Advisory Services Inc., manager of the Marathon Value Portfolio mutual fund (NASDAQ: MVPFX) were victims of malicious hackers who hacked into the third-party host server of the Fund’s website on June 30.

On July 27, 2012, Investors pumped in $6.3 billion into mutual funds and exchange-traded funds for the week ended July 25, according to data from Lipper.

House Republicans have charted a course for expedited tax reforms next year in case they control Congress and the White House.

Target-date funds pulled in $13.9 billion in the second quarter despite the nearly 3% loss on average, according to Morningstar.

The tide of investor demand stays high for municipal bond mutual funds. A strong week of record-low muni bond yields on the intermediate and long ends of the curve marked the week ended July 25.investor-demands-keeps-muni-fund-flows-high

Treasury Secretary Tim Geithner said Thursday a stymied plan by U.S. regulators to reform money market mutual funds must be allowed to move forward.

The Dow Jones Industrial Average stormed up 211.88 points Thursday to end at 12,887.93 while the tech-laden Nasdaq and S&P 500 gained 39 points and 22 points, respectively.

On July 26, 2012, Target-date funds pulled in $13.9 billion in the second quarter despite the nearly 3% loss on average, according to Morningstar.

Los Angeles-based del Rey Global Investors, LLC, has expanded its sales and marketing groups with the addition of Dean C. Phillips as vice president, National Sales and Marketing, and Dennis McCarthy, vice president, Institutional Sales.

Timothy P. Mertz joined Northern Trust as a senior private banker and relationship manager and will lead a three-person banking team.