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Prudential Investments has introduced the Prudential Jennison International Opportunities Fund (PWJAX), which bets on international equities.
June 6 -
Financial services firms and money management executives face an emerging issue that represents both an opportunity and a potential threat: How to leverage extremely large data sets, now termed "big data," to proactively manage risk, improve the customer experience and identify market opportunities.
June 6 -
The new Emerging Markets Corporate Bond Fund invests in bonds issued by companies in more than 30 countries in Asia, Latin America, Europe, the Middle East and Africa.
June 5 -
On June 5, 2012, T. Rowe Price added a new fixed income offering, the Emerging Markets Corporate Bond Fund (TRECX), to its suite of emerging markets bond funds.
June 5 -
On June 5, 2012, ING Investment Management US ramped up its defined contribution investment only team with a trio of new hires.
June 5 -
On June 5, 2012, Global X Funds, the New York based provider of exchange traded funds, launched a fund that gives investors exposure to the largest hedge fund managers.
June 5 -
Ultra-high-net-worth investors have decreased their allocation to hedge funds in the past year and instead favor real estate and commodities, according to the Institute for Private Investors annual Family Performance Tracking Survey.
June 5 -
On June 5, 2012, Prudential Investments launched the Prudential Jennison International Opportunities Fund (PWJAX), which bets on international equities.
June 5 -
Are your clients prodding you for hedge funds and other alternative investments to diversify their portfolios and boost paltry returns on equities and bonds? They might want to think again.
June 5 -
Marie Chandoha, president of Charles Schwab Investment Management, told the SEC that a new study on money-market funds was troubling because it wrongly concludes that the funds are dangerously susceptible to runs and presumes more regulation is needed.
June 5 -
The tax-exempt bond market started the week off on a slow note as traders waited to take direction from what is expected to be one of the larger weeks of new issuance in the muni market.
June 5 -
Institutional investors are increasingly turning to exchange-traded funds for their investment needs, according to a Greenwich Associates study.
June 5 -
On June 5, 2012, Bob Doll, BlackRocks chief equity strategist, decided to retire from the firm.
June 5 -
The Dow Jones Industrial Average trimmed 17.11 points to finish at 12,101.46 Monday while the Nasdaq and S&P 500 inched up 12.53 points and 0.14 points, respectively.
June 4 -
On June 4, 2012, Citi expanded its coverage of the investor servicing consultant community for asset managers with the appointment of Frederick Bailey as head of North America consultant relations.
June 4 -
On June 4, 2012, Ivy Funds expanded its global product line with the launch of the Ivy Global Equity Income Fund.
June 4 -
Investors poured an estimated $4.2 billion into U.S.-listed exchange-traded funds and notes during the month of May, bringing total year-to-date inflows into exchange-traded products to $63.1 billion.
June 4 -
On June 4, 2012, Marie Chandoha, president, Charles Schwab Investment Management, has a few choice words for International Organization of Securities Commissions on its recently released Consultation Report.
June 4 -
Legg Mason Inc. has 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 4 -
Asset managers expect alternative mutual funds will comprise of more than 15% of all mutual funds in 10 years.
June 4
