Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Pensions: How Deep is Deep?
By staff WriterManagers of large U.S. defined benefit pension plans now seem to have a better sense of the gap between the resources they need to cover pension liabilities and the resource they actually have.
February 21, 2011
Climate Change Puts Institutional Investors at Risk for Trillions: MercerAccording to a report released Feb. 15 by consulting firm Mercer, inaction and lack of cooperation surrounding climate change has the potential to cost institutional investors trillions of dollars over the next 20 years.
February 16, 2011
Neuberger Berman Launches Value Funds Managed by Eli SalzmannNeuberger Berman is launching Large Cap Value Funds in A, C and institutional classes this month after its hire of portfolio manager Eli Salzmann in January.
February 16, 2011
DoubleLine Opens Growth Fund to Load, No-Load Share ClassesDoubleLine has opened its Multi-Asset Growth Fund to mutual fund investors via an A load share class (DMLAX) and an I no-load share class (DMLIX).
February 09, 2011
Top Asset Managers for Institutions: PIMCO, Loomis Sayles Lead in Brand LoyaltyPIMCO and Loomis Sayles—two institutional asset management firms occupying opposite ends of the AUM spectrum—took the lead in brand loyalty from their current clients, according to a Cogent Research study.
February 08, 2011
Commonwealth Financial to Raise Payouts, Cut Ticket ChargesCEO Wayne Bloom says move to cut costs for advisors and clients, raise payouts for fee-based advisors reflects growing importance of fee business to the independent BD.
February 07, 2011
Schwab's ETF Assets Grew 34% in Q4 2010In retail-investor accounts, the level of exchange-traded funds has grown 61%.
February 01, 2011
Sovereign Funds Indicate Shift in Strategies: State StreetState Street Global Advisors announced Tuesday that many of the world's leading sovereign funds have been forced to reassess their investment strategies and risk management as a result of the recession.