Investments

Mario Gabelli is starting 2013 off on the right track.

Cerulli Associate's got the formula for asset managers to attract advisers. The elements? Strong client service, useful website and a recognizable brand.

Newly appointed Securities and Exchange Commission Chairman Elisse Walter this week unveiled the agency’s General Counsel in the form of Geoffre Aronow, who will begin his new role later this month.

Another Russell Investments executive has joined BMO Financial Group.

Nuveen Asset Management’s newly minted Chief Equity Strategist Robert Doll today unveiled his 10 predictions for markets in 2013.

Man Group Plc’s (EMG) GLG hedge-fund division hired a Pacific Investment Management Co. trader and a senior adviser at the World Bank as it expands products focused on bonds, emerging markets and macro-economic trends.

Chicago-based Driehaus Capital Management is looking to add another alternative mutual fund to its lineup within the next few months.

Happy times for global exchange traded products has spelled happy times for BlackRock.

In the shadow of the fiscal cliff agreement, the likelihood of comprehensive tax reform that would seriously damage municipal bonds this year has slightly diminished, according to a research firm and other market participants.

Happy times for global exchange traded products has spelled happy times for BlackRock, Inc.

Almost half of the 1,127 investors polled said it is a good time to invest in equities, with one in five seeing blue-chip stocks as having the most potential.

ING, which agreed to an extension of its restructuring terms with the European Commission, is looking to reduce its costs even further this year.

Pioneer Investments has added two new hires to its U.S. institutional team.

The Evercore Wealth Management Macro Opportunity Fund, a diversified mutual fund offering, is closing after just a little more than a year on the circuit.

Envision Financial Systems, Inc., has improved its mutual fund subaccounting system for broker/dealers with a new update.

Nancy Grady has joined Northern Trust as Head of Fund Administration and Fund Accounting-Americas, overseeing fund accounting, regulatory administration, financial reporting, tax and other services for registered and unregistered mutual fund products.

Michael Mauboussin, chief investment strategist at the Legg Mason Inc. unit that’s home to Bill Miller, left the firm last week.

Total money market mutual fund assets increased by $37.78 billion for the week ended Jan. 2, according to the Investment Company Institute.

The end of December was a "dud" for flows into equity mutual funds, reports Jeff Tjornehoj of Lipper.

The highly regulated mutual fund industry has largely been spared from the post-2008 financial crisis reforms-except, of course, for money market funds which can't seem to move off the regulatory target zone.