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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 -
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 -
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 -
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 -
For mutual fund firms, 2013 could be a particularly challenging year.
February 1 -
Insurer Symetra is making wholesale changes to its Mutual Funds Trust.
February 1 -
Equinox Financial Group is following up on its recent acquisition of Tapestry Asset Management, a hedge fund shop, by launching a long/short fund with Princeton, NJ-based Tapestry as the subadvisor.
February 1 -
Eaton Vance has launched a new bond fund backed by veteran bond picker Kathleen Gaffney.
February 1 -
U.S. 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 1 -
Total money market mutual fund assets dropped by $770 million to $2.695 trillion for the week ended Wednesday, January 30, according to the Investment Company Institute.
February 1 -
Jeff Knight, who previously led Putnam Investments Global Asset Allocation investment unit, which manages specialized multi-asset class portfolios for retail and institutional clients, has left the firm to pursue other opportunities, according to the firm.
February 1 -
The beginning of a year offers an opportunity to see how investments align with life goals.
February 1 -
Morningstar announced today that it has awarded the Gold to two mutual funds, one a former Silver-rated fund and the other a brand new Medalist.
January 31 -
Bandon Capital Management has hired Whitney Dow as Managing Director, responsible for spearheading the firms marketing and relationship management efforts.
January 31 -
Pacific Investment Management Co., the worlds largest manager of actively run bond funds, has appointed Marc Seidner as interim head of global equities after Neel Kashkaris departure last week, according to a person familiar with the matter.
January 31