Mutual funds

On April 17, OppenheimerFunds, Inc. said it is starring at the 2012 Tribeca Film Festival. Well, sort of.

On April 17, Tiburon's Chip Roame shared his views on the industry with fellow participants in NYC.

On APril 17, 2012, Franklin Templeton Investments Corp. has proposed merging the Wellington West Franklin Templeton Balanced Retirement Income Fund into Quotential Balanced Growth Portfolio.

On April 17, 2012, Investment services provider BNY Mellon was selected by Touchstone Investments to provide a variety of services, including mutual fund accounting and administration, transfer agency, and blue sky services for 14 additional Touchstone mutual funds.

It’s official: Touchstone Investments has completed its acquisition of selected fund assets of Old Mutual Asset Management's U.S. mutual fund business.

Ready Or Not, SIFIs Are Coming

On April 16, Knoxville, Tenn.-based BPV Wealth Management changws its name to reflect its rapid growth in the asset management business.

On April 14, Touchstone finalized its deal with Old Mutual.

On April 16, 2012, a T. Rowe Price spokesperson confirmed that Robert Gensler, portfolio manager of the T. Rowe Price Global Equity Strategy, which includes the roughly $590 million Global Stock Fund, will retire from the firm on December 31.

Patrick Morris is a veteran hedge fund manager who has come in from the cold.

On April 16, 2012, Federated Investors, Inc. has completed its purchase of the London-based liquidity and fixed-income product manager Prime Rate Capital Management.

Patrick Morris is a veteran hedge fund manager who has come in from the cold.

Some firms grow organically, pumping out funds. Then, they hire reps and distributors to market and sell their offerings.

Minneapolis-based Whitebox Advisors, the $2.3 billion asset management firm founded by Andrew Redleaf, is making a concerted push into the Registered Investment Advisor channel with the help of third-party marketing firm Havener Capital Partners LLC.

Last year was a challenging year for mergers and acquisitions between financial services firms, according to PricewaterhouseCooper's latest M&A insights report.

Morningstar reported on April 13, 2012 that money market funds bled $114 billion in the first quarter, the biggest quarterly outflow since the second quarter of 2010.

MME reports on April 13, 2012: After a long, winding legal road, involving no fewer than six federal court decisions, Ameriprise Financial finally won a suit alleging that it had charged excessively high advisor fees.

On Aprill 11, a pair of academics from the Lubin School of Business at Pace University released their findings on corporate culture as it relates to funds' performances.

Nine mutual fund providers can expect to see not only positive, but stronger-than-average investment momentum from investors in 2012, according to findings in the 2012 Investor Brandscape, an annual report released earlier this month by Cogent Research.

On April 12, Cogent named nine fund firms that were most likely to gain business from affluent investors.