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T. Rowe Price Group has no immediate plans to begin offering active exchange-traded funds, the Baltimore Business Journal reports.

Pacific Investment Management Co. is becoming less dependent on Bill Gross, preparing for an eventual future without the world's best-known bond investor and adding pressure on its rising stars to live up to his legacy.

Morgan Stanley has hired three advisors from Deutsche Bank, Merrill Lynch, and Wells Fargo who combined for more than $3.2 million in production.

Atlanta-based RidgeWorth Investments has hired Ian Bachrach to fill the role of Managing Director of Marketing, responsible for all aspects of RidgeWorth’s marketing.

The addition of four legacy Morgan Keegan advisors in Austin marks renewed hiring momentum, according to the firm’s director of retail.

The majority of Wells Fargo’s hires hail from Morgan Stanley, while one advisor joins from Edward Jones.

Russell Golden was named as the next chairman of the Financial Accounting Standards Board, effective July 1, 2013.

The Securities and Exchange Commission yesterday announced that Acting Director George Canellos and former federal prosecutor Andrew Ceresney have been named Co-Directors of the Division of Enforcement.

BMO Global Asset Management has expanded its Defined Contribution Investment Only team with the appointment of two new regional sales managers.

ING announced that the share price on its IPO will be between $21.00 to $24.00 per share for a maximum of 64,166,667 shares of common stock offered.

Bruce Dirks, former portfolio manager at Fidelity Management & Research Company, has agreed to join ViaSat, a provider of mobile satellite network services, as chief financial officer.

Robert Buzzelli was formerly Allegheny Valley Bank’s chief banking and wealth management officer.

The job market in asset management may not be back to pre-crisis levels, but hiring will likely pick up after second quarter earnings reports, says recruiter George Wilbanks, president of Wilbanks Partners.

Three research analysts at Harris Associates, adviser to The Oakmark Funds, have been appointed co-managers of the Oakmark Equity and Income Fund (OAKBX).

Minneapolis-based Whitebox Advisors has hired Mike Coffey as Head of Distribution for the firm’s mutual funds.

Martim de Arantes Oliveira will be responsible for driving the growth of Ascent’s new office, which will open this summer.

Nationwide Financial is getting into the retirement market.

Janus Capital Group has appointed Michael Stern as regional sales director to spearhead the expansion of Janus’ intermediary distribution and sales in New York City.

Eaton Vance Corp has hired Bob Cunha as Managing Director of Marketing and Distribution Strategy, responsible for leading Eaton Vance's marketing efforts across all distribution channels, including the company's brand positioning and media relations efforts.

Aristotle Capital Management is adding to its client service and marketing team. Catalina Llinás joins the firm as a managing director on the team.