Investments

For the week ended Jan. 2, 2013, investors pulled an estimated $6.44 billion from funds that invest in long-term instruments, the second largest outflow in 2012.

Scott Cooley, chief financial officer at Morningstar will resign from his post this year but the company expects him to remain in his role until it names a replacement.

Goldman Sachs Asset Management is currently prepping a master limited partnership fund to launch within the next few months.

Palmer Square Capital Management is bringing another asset management shop into its fold.

Goldman Sachs said it will begin publishing values of the assets held in its money market mutual funds in the United States on a daily basis. The first funds for which the daily market values will be published are funds that invest in commercial paper.

DoubleLine Capital LP announced more investment professional hires just days ago, but don't expect that to be the only hiring the Los Angeles firm's got in the works.

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

Jeffrey Gundlach is starting his New Year the way he ended 2012.

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

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.