Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
PIMCO’s Gross Dodges Total Return’s Strikeout With Baseball Metaphors
By Joyce HansonBill Gross thinks baseball players are fat, Cracker Jack should be spelled with an 's,' and the engine of capitalism is under threat.
August 19, 2013
Survey: Reduce employer stock in 401(k) plansThe study attributes the under-performance of the portfolios examined to the fact they have a large cap tilt and a market beta of less than one.
August 11, 2013
Florida hospitals blast reimbursement cutsManagers made big network and reimbursement policy changes to conserve cash.
August 09, 2013
Half of advisors plan to boost use of emerging market fundsAdvisors are hungry for nontraditional products that offer greater portfolio diversification and access to particular asset classes with higher return potential.
August 09, 2013
Half of advisors plan to boost use of emerging market fundsAdvisors are hungry for nontraditional products that offer greater portfolio diversification and access to particular asset classes with higher return potential.
August 07, 2013
HSAs reach $18.1 billionHealth savings accounts have grown to an estimated $18.1 billion in assets representing more than 9.1 million accounts.
August 06, 2013
Major Community Foundation Benchmarks Hit New Highs in 2012Community foundation asset, gift and grant amounts reached new highs in 2012 for the first time since the recession, according to a report by the Council on Foundations and CF Insights.
August 06, 2013
Investment philosophy is top European fund selection criteriaSurvey respondents rank investment philosophy a 9.0, the highest score received among 10 selection criteria.