Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Lifecycle Products Grew 8% in Q4 to $842 Billion
By Janet LevauxTarget-date and target-risk products grew 5% in 2011 and 8% in fourth quarter, according to New York-based Strategic Insight.
March 14, 2012
How Bernie Madoff Is Harming Your IRAMadoff, it seems, is having a profound and lasting effect on how large firms handle IRAs, which is to say that more and more are not handling them at all.
March 13, 2012
Raymond James Rolls Out High-Net-Worth Credit LineAdvisors have already made 72 of these new loans as an alternative source of liquidity in recent weeks, the company says.
March 09, 2012
The Line Separating Retail and Institutional Advisory Markets is BlurringThe report finds that mounting profitability pressures and attractive margins are prompting financial advisors, investment consultants and assets managers to secure new sources of revenue by moving beyond their traditional markets.
March 09, 2012
The Line Separating Retail and Institutional Advisory Markets is BlurringThe report finds that mounting profitability pressures and attractive margins are prompting financial advisors, investment consultants and assets managers to secure new sources of revenue by moving beyond their traditional markets.
March 08, 2012
Hold the Applause: Fund Managers Look a Lot Smarter This Year, but… (Wall Street Journal)Stock-fund managers are off to a great start this year, but it's not necessarily because of anything they're doing.
March 08, 2012
Direct Firms Can Grow Through Managed Accounts: CerulliIn its managed accounts edition of The Cerulli Edge, the company finds that even as wirehouse market share declines, that of the direct channel is growing steadily, if not at a breakneck pace. The reason? Direct providers are able to keep their existing self-directed clients interested by providing managed accounts...
March 08, 2012
Lifecycle Funds Grew 8% in Q4 to $842BAssets in target-date mutual funds remain highly concentrated among five firms, says Strategic Insight.