Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
A Very Good Year for Charles Schwab
By James J. GreenSharp rise in profits and revenue
January 01, 2006
Latin Funds Soar NorthwardInvesting in Latin American stocks has been very lucrative the past few years. The continent offers immense commodities and natural resources, a cheap labor force,...
December 21, 2005
Fed To Stop Raising Rates%3A SurveyThe Federal Reserve Board will stop raising short-term interest rates early next year, investment managers predict.[@@]Of investment managers responding to the latest quarterly poll ...
December 06, 2005
SOA To Create Risk Manager CredentialThe Society of Actuaries plans to create a professional designation designed for actuaries who want jobs as corporate risk managers.[@@]The SOA, Schaumburg, Ill., says ...
November 21, 2005
MetLife Unveils VA Living Benefit RiderMetLife Inc. has introduced a guaranteed minimum accumulation benefit variable annuity contract option.[@@]The rider can protect principal and some asset growth for MetLife VA ...
November 21, 2005
Official Says Pension Rules Encourage UnderfundingA top strategist at the U.S. Securities and Exchange Commission says current U.S. defined benefit pension rules give employers an incentive to put in ...
November 16, 2005
How the Affluent Feel About Charitable Giving(and Their Wealth Generally)? More than half of high net worth individuals (53%) feel obligated to share their family's wealth with charitable causes, but ...
November 14, 2005
CalPERS Mulls the Short SideSACRAMENTO, Calif. (HedgeWorld.com)--Perhaps the latest investment policy proposal on the table at the California Public Employees' Retirement System will stand as Chief Investment Officer Mark Anson's parting legacy. Mr. Anson and his staff hope to include long/short equity managers in the US$196 billion pension fund's enhanced indexing program. If the...