Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Latest PIMCO, DoubleLine Figures Shared by Morningstar, Fund Groups
By Janet LevauxThe flagship PIMCO Total Return Fund, formerly managed by Bill Gross, had estimated net outflows of $9.7 billion, or nearly 6%, in November 2014, according…
December 11, 2014
Sterne Agee Takes Ex-CEO to Court Over Luxury SpendingThe lawsuit comes after the wealth-management firm was told James Holbrook faced federal investigations.
December 07, 2014
PIMCO Total Return Outflows Down 65% in NovemberMeanwhile, Bill Gross' new Janus fund added $770 million, and the DoubleLine Total Return Bond Fund gained $800 million during the month.
November 24, 2014
Bill Good’s 2-Year Plan for Advisor SuccessA piece-by-piece approach to building your practice's assets.
November 24, 2014
African-Americans Invest More Conservatively Than Whites: StudyAfrican-Americans hold fewer stocks and bonds and more real estate, life insurance and CDs, according to Credit Suisse and Brandeis University.
November 24, 2014
PBGC to protect 401(k) assets rolled into pensionsFewer employers offer a defined-benefit plan but where they do, the PBGC decision could help encourage participants looking for a guaranteed lifetime income stream.
November 14, 2014
Small Foundations Have Outsized Charitable Impact, and Assets Have GrownFoundation Source finds foundations with less than $50 million in assets have enjoyed strong post-recession growth and that advisors can play a key role in three areas.
November 12, 2014
BlackRock’s Rieder Fund Snags PIMCO AssetsRieder, who runs the $4.1 billion fund, has delivered 7% over the past year, making it the top bond fund.