Investments

Legg Mason has announced a series of executive appointments and departures following the hiring of Joseph Sullivan as its president and chief executive officer.

Asset managers have taken notice of the the proliferation of alternative mutual funds in the retail and institutional channels and have changed their game plan accordingly.

Asset managers have taken notice of the the proliferation of alternative mutual funds in the retail and institutional channels and have changed their game plan accordingly.

Pioneering exchange-traded fund provider Global X Funds is adding some more frontier market flavor to its portfolio.

Two more firms are staking their claims to the growing exchange-trade fund space.

Mary Schapiro, the former chairman of the U.S. Securities and Exchange Commission, has joined Promontory Financial Group as a managing director and chairman of its governance and markets practice.

Baldwin Brothers, a Massachusetts-based wealth management firm and family office with $1 billion AUM, launches sustainable wealth management platform, Arjuna Capital.

Alternative mutual fund shop Simple Alternatives has added Clark Jones as a portfolio manager expanding the investment team managing the firms’ flagship S1 Fund (SONEX).

The global exchange-traded product industry recorded its best Q1 on record amassing flows of $70.1 billion compared to the previous record of $65.5 billion set last year, according to Blackrock’s latest ETP Landscape Monthly Snapshot.

The debate over whether large banks are still "too big to fail" has spread like wildfire in recent months.

Stadion Money Management has launched the Stadion Market Opportunity Fund, which will bet on broad market, sector/region and commodity exchange-traded funds.

The majority of asset managers have increased their resources dedicated to the bank trust channel, according to new research from Cerulli Associates.

iShares is currently prepping the MSCI Colombia Capped ETF to launch within the next few months.

Investors have major trust issues with their advisors.

Logan Circle Partners, a subsidiary of Fortress Investment Goup, said Monday that it has hired a Goldman Sachs Asset Management (GSAM) lead investment officer to head a new growth equities team.

New research from PIMCO says that the majority of consultants think plan sponsors should offer their 401(k) plan participants target date or target risk strategies of the active management variety.

Amid the 31 initial public offerings that took place in the first quarter, one key theme emerged: a new hunt for yield, according to a new report from Renaissance Capital.

Pioneer Investments last month unveiled a new portfolio management team for Pioneer Emerging Markets Fund (PYEFX) and Pioneer Emerging Markets VCT Portfolio (VPIEM1V).

Houston-based Salient Partners is looking to add an active exchange-traded fund to its portfolio.

Mutual funds and exchange-traded funds, excluding money market funds, recorded net inflows of $4.5 billion for the week ended March 27, according to Lipper.