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On May 16, 2012, State Street Global Advisors appointed Michael Spellman as regional sales director, global cash, reporting to Barry F.X. Smith, senior managing director and global head of SSgAs cash business.
May 16 -
On May 16, 2012, a social media research report from kasina places iShares, Vanguard, Putnam, Russell Investments, and OppenheimerFunds as the Top 5 social media leaders in asset management.
May 16 -
On May 16, 2012, a new ICI stoidy said requiring money market fund advisers to hold capital to support their money market funds would fundamentally change the nature of these funds.
May 16 -
For the week ended May 9, investors pulled an estimated $2.41 billion from U.S. stock mutual funds. Since the beginning of the year, the funds have lost more than $34 billion in outflows.
May 16
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On May 16, 2012, Boston-based alternative mutual fund provider Direxion has made changes to the investment strategy of Direxion S&P 1500 RC Volatility Response Shares (VSPR), Direxion S&P 500 RC Volatility Response Shares (VSPY) and Direxion S&P Latin America 40 RC Volatility Response Shares (VLAT), effective June 14.
May 16 -
On May 16, 2012, Atlanta-based Angel Oak Capital Advisors, LLC, a fixed income asset management shop, today revealed that its Angel Oak Multi-Strategy Income Fund is now on the Deutsche Bank Private Wealth Management platform.
May 16 -
Efficient and effective mutual fund board meetings are vital to the success of a mutual fund family, no matter their size and/or complexity.
May 16 -
Pacific Investment Management Company, of course, runs the world's largest mutual fund. Its Total Return Fund counts assets of nearly one-quarter of a trillion dollars.
May 16 -
On May 15, 2012, a new Cerulli report says 70% of retail asset managers consider alternative products to be as important as or more important than other initiatives.
May 15 -
On May 15, 2012, Joe Mansueto of Morningstar promoted a former analyst to head the firm's data unit.
May 15 -
On May 15, 2012, UniCredit, the parent company of Pioneer Investments, appointed Sandro Pierri as the new Head of Asset Management.
May 15 -
On May 15, 2012, Nuveen reopened two 4-Star funds to new investors.
May 15 -
On May 15, 2012, Hatteras Funds added Thomas Riegert as an associate, portfolio management.
May 15 -
David Perkins, founder of Hatteras Funds, has resumed the role of chief executive following the departure of Brian Jacobs in February. Jacobs is now self employed as a consultant.
May 15 -
Efficient and effective mutual fund Board meetings are vital to the success of a mutual fund family, no matter their size and/or complexity.
May 15 -
On May 14, 2012, Hatteras welcomed in a new CEO.
May 14 -
On May 14, 2012 AllianceBernstein named a new CFO.
May 14 -
On May 14, 2012, PIMCO Total Return Fund saw inflows of $2.7B in April, according to data from Morningstar.
May 14 -
On May 14, 2012 Putnam added eight external wholesalers to its sales force.
May 14 -
If you think social media investing is about pajama-wearing day-trading amateurs, Covestor aims to prove you wrong.
May 14
