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Investors pulled an estimated $1.85 billion from U.S. equity funds the week ended June 20, almost three times the $620 million withdrawn a week earlier.
June 27 -
On June 27, 2012, Morgan Stanley Smith Barney is rolling out LinkedIn and Twitter to its full 17,000-member financial advisor force with the aim of helping to make time spent in front of the computer more effective than cold calling client prospects.
June 27 -
On June 27, 2012, Chicago-based Aston Asset Management, LP has added the ASTON/River Road Dividend All Cap Value Fund II (ADVTX N Class)(ADIVX I-Class) to its family of funds.
June 27 -
Citi has been awarded a contract renewal of its fund services to Victory Capital Management and to the Victory Funds.
June 27 -
It's been more than a year since Richard Davies joined Russell Investments as Managing Director- Defined Contribution.
June 27 -
On June 26, 2012, Manning & Napier has rolled out a suite of 10 actively managed target date funds which will invest in a variety of exchange-traded funds.
June 26 -
On June 26, 2012, State Street Global Advisors today released its mid-year exchange-trade fund report, dubbed 2012 ETF & Investment Outlook: Sinking or Swimming?
June 26 -
On June 26, 2012, The Aquila Group of Funds has hired Peter Warren as Regional Sales Manager covering the Northeast.
June 26 -
On June 26, 2012, Citi today said it has been awarded a contract renewal of its fund services to Victory Capital Management and to the Victory Funds.
June 26 -
On June 26, 2012, Putnam Investments today unveiled a trio of new hires in the defined contribution investment-only and DC advisor-sold channels.
June 26 -
On June 26, 2012, United Technologies Corporation has taken the retirement income plunge with the launch of the Lifetime Income Strategy, a customized age-based default investment option designed by AllianceBernstein.
June 26 -
Ask recruiter Michael Castine about the state of mutual fund hiring now, and he brings up the Brad Pitt movie "Moneyball."
June 26 -
Ask recruiter Michael Castine about the state of mutual fund hiring now, and he brings up the Brad Pitt movie "Moneyball."
June 26 -
On June 25, 2012, Hennessy Advisors, Inc. today revealed that the Board of Trustees of The FBR Funds trust has approved the proposed deal between the two fund firms.
June 25 -
On June 25, 2012, Fidelity Investments earlier this month launched the Fidelity Stock Selector Mid Cap Fund to bet on domestic and foreign growth or value stock issuers.
June 25 -
On June 25, 2012, Delaware Investments is beefing up its distribution with the addition of Bryce Bulman, who joined the firm as regional director supporting Chicago, a newly created territory.
June 25 -
On June 25, 2012, Sentinel Investments has made two key appointments to its senior sales team as well as the hiring of a new wholesaler.
June 25 -
On June 25, 2012, Jackson National Life Insurance Company today launched the Elite Access iPad application, following the rollout of the firms newest product offering.
June 25 -
On June 25, 2012, T. Rowe Price today launched its T. Rowe Price Personal App for iPhone and iPod touch, which provides investors the opportunity to manage their accounts and view fund information on the go.
June 25 -
On June 25, 2012, John Hancock has beat out Fidelity Investments and ING for bragging rights as defined contribution investment-only manager top dog, according to a study by Cogent Research.
June 25

