Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Cerulli Sees Plan "Investment Only" Market Growing
By staff WriterMoney managers still have room to increase their share of the U.S. private defined contribution retirement plan "investment only" market, a research firm says.
June 17, 2010
Prudential Issues NotesPrudential Financial Inc. has raised $1 billion by selling two batches of senior unsecured notes.
June 17, 2010
Financial Crisis Improved Advisor-Client RelationshipTwo-thirds of advisors said that, despite everything else, the financial crisis ultimately had a positive effect on their practice, according to a recent survey. In...
June 09, 2010
U.S. Trust, Atlantic Trust Hire Wealth and Portfolio ManagersU.S. Trust announced the appointment of six wealth management experts; Atlantic Trust announced the addition of a portfolio manager and a senior investment analyst.
May 19, 2010
Fed Favors 5-Year Payoff of $1.2 Trillion in Mortgage-Backed AssetsA majority of Federal Reserve policymakers are in no hurry to raise interest rates or sell off the central bank's $1.2 trillion in mortgage-backed securities (MBS) holdings.
May 19, 2010
Fed favors 5-year payoff of $1.2 trillion in mortgage-backed assetsBy Joyce Hanson With raised 2010 estimates for U.S. growth and diminishing concern about unemployment and inflation, a majority of Federal Reserve policymakers are in no...
May 18, 2010
PIMCO Global Multi-Asset Portfolio joins Pacific Life's variable annuity investment option lineupPacific Life, Newport Beach, Calif., has added a comprehensive asset allocation portfolio from Pacific Investment Management Company (PIMCO) to the insurance company's variable annuity investment options.
May 17, 2010
PIMCO Global Multi-Asset Portfolio joins Pacific Life's variable annuity investment option lineupPacific Life, Newport Beach, Calif., has added a comprehensive asset allocation portfolio from Pacific Investment Management Company (PIMCO) to the insurance company's variable annuity investment options.