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Confluence has promoted two its key executives - James Skip Smith and Frederick Winston - to the roles of chief operating officer and chief financial officer, respectively.
February 5 -
Genworth Financial Wealth Management introduced GPS Select Solutions, multi-strategic portfolios that serve a variety of specific investment goals.
February 5 -
Institutional investors will broaden their ETF applications in 2013, predicted BlackRocks iShares group.
February 5 -
BlackRock the worlds biggest money manager, is accused in a lawsuit by two pension funds of reaping grossly excessive compensation from securities- lending returns associated with iShares.
February 5 -
According to the Miami firm, the funds are closing in oder to prevent inflows from new investors from diluting the proportionate interests of existing fund shareholders.
February 5 -
Goldman Sachs Group Inc. President Gary Cohn said that Europe still faces fundamental problems and that policy makers dont appear to have a plan for generating economic growth in the regions southern nations.
February 5 -
The Financial Industry Regulatory Authority's municipal market priority this year will be ensure that brokers adequately disclose risks associated with tax-exempt bonds backed by revenue from private and nonprofit entities, which have significantly higher default rates than general obligation bonds.
February 5 -
Not in Fairholme's in-crowd? Investors have one month before it's too little, too late.
February 4 -
Excelsior, MN-based LoCorr Fund Management is looking to add another alternative mutual fund to its lineup.
February 4 -
iShares is prepping an active exchange-traded bond fund to launch within the next two months.
February 4 -
American Century has hired an army veteran as its newest vice president.
February 4 -
BlackRock the worlds biggest money manager, is accused in a lawsuit by two pension funds of reaping grossly excessive compensation from securities- lending returns associated with iShares.
February 4 -
Nearly half (47%) of adult children say their parents never made any financial mistakes. Meanwhile, their parents were quick to point out their childrens financial missteps.
February 4 -
The Securities and Exchange Commission last month promoted George Canellos, currently Deputy Director of the Division of Enforcement, as Acting Director
February 4 -
Domestic mutual funds and ETFs drew in $17.9 billion the week ended Jan. 30, wrapping up the first month of 2013 with total net inflows of $51.7 billion.
February 4 -
The Securities and Exchange Commission's municipal bond office has sent a so called "no-action" letter to NetRoadshow Inc., paving the way for the firm and its underwriter clients to present Internet-based "road shows" on municipal bond offerings to retail investors.
February 4 -
For mutual fund firms, 2013 could be a particularly challenging year.
February 1 -
Stadion Money Management has found itself a new distribution partner.
February 1 -
Equity mutual funds are experiencing a resurgence in the first month of the new year. But investors continue to pour money into bond funds, as interest-rates remain low fpr the foreseeable future
February 1 -
Insurer Symetra is making wholesale changes to its Mutual Funds Trust.
February 1
