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Now you can say it is so: Abigail Johnson last month was named president of Fidelity Investments and, effectively, successor to her father, Edward "Ned" Johnson, chief executive officer of Fidelity Investments.
September 7 -
Herb Morgan has a good barometer to tell how hot the market for exchange-traded funds is getting.
September 7 -
Theresa Hamacher was named to her current position as president of NICSA (the National Investment Company Service Association) in March 2008.
September 7 -
Artio Global Investment Funds last month decided to liquidate four equity funds.
September 7 -
Sudi Mariappa, the former bond head and Managing Director at PIMCO who worked closely with founder Bill Gross, will join GLG, the investment management division of London-based Man Group PLC to manage the firms renewed push into fixed-income hedge funds.
September 7 -
Columbus, Ohio-based Huntington Funds has launched the Huntington Income Generation Fund, a fund of funds that will primarily invest in three other Huntington funds.
September 7 -
Loomis Sayles is making a hasty name change to one of its funds after losing out on a federal lawsuit.
September 7 -
Oceans of ink have already been spilled handicapping the presidential candidates' chances, based on how the stock market is doing. Now, let's take a peek at the crystal ball to see how the stock market's sectors will do if President Obama gets another four years, or the country gives the nod to Republican challenger Mitt Romney.
September 7 -
Can it possibly be? Technology stocks are paying the most dividends?
September 7 -
Tax-exempt money market funds lost $1.70 billion and total net assets declined to $268.31 billion in the week ended Sept. 3 -- the second consecutive week of significant losses, according to The Money Fund Report, a service of iMoneyNet.com.
September 7 -
Flows into municipal bond mutual funds remained positive. Barely. Those funds that report their flows weekly saw $260 million of inflows for the week ended Sept. 5.
September 7 -
Crisis may be the new normal for investors, but it's also the stark reality of the communications landscape.
September 7 -
The Securities and Exchange Commission has settled an administrative proceeding against two Portland, Oregon-based investment advisory firms regarding their failure to disclose a revenue-sharing agreement and other potential conflicts of interest to clients.
September 6 -
The Dow Jones Industrial Average stormed up 244.52 points Thursday to close at 13,292.00 while the Nasdaq and S&P 500 surged up 66.54 points and 28.68 points, respectively.
September 6 -
Forward has expanded its institutional and intermediary sales forces with a slew of new hires.
September 6 -
RiverNorth Capital Management today filed a registration with the U.S. Securities and Exchange Commission for a new mutual fundthe RiverNorth/Oaktree High Income Fund.
September 6 -
The $5.5 billion Franklin Templeton Founding Funds Allocation last week got a Negative rating from research shop Morningstar.
September 6 -
Indexed annuity sales increased 8.3% and income annuities were up 6.1% in the second quarter, according to Beacon Research. It was the second-best quarter ever for those product types, Beacon said in a press release. Total fixed annuity sales were also up, but with a more muted 1% gain in the quarter. And they declined 17.2% from the year-ago period.
September 6 -
Global assets invested in exchange-traded funds and exchange-traded products reached a record $1.76 trillion through the end of August 2012.
September 6 -
Global assets invested in exchange-traded funds and exchange-traded products eclipsed the $1.7 trillion threshold in August - an all-time high.
September 6

