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On June 1, 2012, Legg Mason Inc. made an executive decision to remove its name from U.S mutual funds run by its Western Asset Management Co. subadvisor to boost sales to individual investors, Bloomberg reports.
June 1 -
On June 1, 2012, shareholders of the Invesco Commodities Strategy Fund this week approved a merger of the fund into the Invesco Balanced-Risk Commodity Strategy Fund.
June 1 -
The AlphaClone Alternative Alpha ETF has begun trading today, launched by Exchange Traded Concepts and AlphaClone LLC.
June 1 -
The big story in the municipal market this holiday-shortened week was the Treasury market.
June 1 -
On June 1, 2012, Thomson Reuters acquired the mutual fund database business of The Globe and Mail, the Toronto-based newspaper and mutual fund information service provider.
June 1 -
Stocks shunned for alternative investments
June 1 -
Despite Europe's woes, other statistics at home are bolstering the U.S. economy.
June 1 -
Advisors need to understand when fund management fees are excessive.
June 1 -
Investors' search for yield have driven them out of equity mutual funds and into fixed income ETFs.
June 1 -
The results of our annual FP50 survey illustrate the trends that are reshaping the industry.
June 1 -
The Dow Jones Industrial Average fell another 26.41 points to end at 12,393.45 Thursday, wrapping up its worst May performance since 2010.
May 31 -
On May 31, 2012, Robert B. Kaplan, former co-chief of the Asset Management Unit of the U.S. Securities and Exchange Commissions Division of Enforcement, joined Debevoise & Plimpton LLP as a litigation partner resident in the firms Washington, D.C. office.
May 31 -
On May 31, 2012, Newport Beach, CA-based PIMCO filed paperwork with the Securities and Exchange Commission to launch a new fund, dubbed the Short Asset Investment Fund, to bet on investment grade bonds.
May 31 -
On May 31, 2012, The AlphaClone Alternative Alpha ETF (NYSE: ALFA) has begun trading today, launched by Exchange Traded Concepts and AlphaClone LLC.
May 31 -
On May 31, 2012, Brentwood, Tenn.-based Compass Efficient Model Portfolios has launched five new equity indexes, which are calculated by Dow Jones Indexes.
May 31 -
On May 31, 2012, Morningstar, Inc. named Thomas Idzorek, chief investment officer of Morningstar Investment Management, to president of Morningstars global Investment Management division.
May 31 -
Fidelity Investments today unveiled its Fidelity Global Bond Fund and Fidelity International Bond Fund, available directly to investors, as well as through financial advisors.
May 31 -
Total estimated outflows from long-term mutual funds were $4.92 billion for the week ended Wednesday, May 23, according to data from the Investment Company Institute.
May 31 -
Hartford Financial Services Group Inc. last September put the brakes on its effort to sell its mutual-fund unit to private equity shop Clayton Dubilier & Rice LLC after banks cut back on lending for leveraged buyouts.
May 31 -
The Municipal Securities Rulemaking Board has launched an online guide designed to help retail investors better understand the municipal bond market and the roles and responsibilities of muni bond brokers.
May 31
