Few Apply for Top BoE Spot
The list of candidates to succeed Mervyn King as governor of the Bank of England is smaller than expected, with many potential candidates disqualified because of recent investigations into bank misdeeds, and two of the top contenders off the list by choice.
Global Investing and Election: 6 Key Strategies by 6 Top Analysts
To sort out the pros and cons of international investing this election season, AdvisorOne went straight to the source for some of the best commentary from thought leaders in asset management.
Top Portfolio Products: Franklin Templeton to Buy Stake in K2
Plus, Goldman risk-management fund targets RIAs and more product news.
Goldman’s Quants Court Advisors After Shutting Hedge Fund
Goldman Sachs Asset Management's quants are focused on providing clients with managed risk and a smoother ride to wealth accumulation, says GSAM's Gary Chropuvka.
Top Portfolio Products: Goldman Offers Income Builder Fund
In addition, Russell Investments announced that it will close all its U.S. passively managed ETFs.
Risk On or Risk Off? Goldman’s Jim O’Neill vs. Gary Shilling
Markets “are more on the ball than many that talk about them,” says GSAM's O'Neill. But AdvisorOne contributor Gary Shilling says we're in a recession.
Spanish Banks Downgraded as Cyprus Seeks Bailout
The troubled eurozone continued to experience turmoil as Moody’s downgraded 28 Spanish banks and Cyprus requested a bailout that could amount to more than half its economy.
SEC’s Rominger, Director of Investment Management, to Retire in July
“Eileen understood the importance of a fair and efficient investment management industry to the well-being of investors everywhere. Her practical insights and steady leadership served investors well,” said SEC Chairwoman Mary Schapiro.
New Hire Roundup: Christian Named FiNet President
This week in new hires, Kent Christian was named the new president of FiNet; BlackRock named Mark Howard-Johnson head of global real estate securities management; and Ross Hikida became a member of AARM Corp.’s board.
No 3-Peat in 2012: Goldman’s O’Neill on Economy
The analyst takes an above-consensus view on U.S. and global growth rates for this year.