Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Prepaid 529 plan assets up 7.2 percent since 4Q 2013
By Warren S. HerschActive accounts for prepaid 529 plans in 4Q 2014 totaled 1,358,907, up 1.37 percent from the year-ago period.
February 24, 2015
The Real Reason Pensions Rely on Consultants and Past PerformanceNeither picking fund managers with good track records nor taking the advice of investment consultants leads to better performance. So why do pensions do it?
February 19, 2015
Money Manager Candidly Reveals 5 Big Investing MistakesTocqueville Asset Managements Sicart tells shareholders about five mistakes, including one that shaved four percentage points off his portfolios performance, and the lessons he learned.
February 19, 2015
LPL Beats Q4 Estimates, Tops 14,000 RepsEarnings improved 9% on strong asset growth and RIA-related results, as well as lower compensation costs.
February 18, 2015
The 10 biggest 401(k)sPlans sponsored by aerospace and oil companies make the ranking, as do those in the financial sector.
February 13, 2015
Why Active Managers Fail (and Why You Shouldn’t Fire Them)A white paper from Jeremy Grantham's GMO offers a novel explanation as to what drives manager underperformance.
February 11, 2015
Advisor Headcount Falls 5 Years in a Row: CerulliWhile total numbers fell, RIA and hybrid channels added advisors and are expected to keep growing over the next five years, the research firm says.
February 09, 2015
Soaring Fine Art Values Demand More Frequent AppraisalsFrom an insurance standpoint, sharply rising art values (and fine jewelry, for that matter) call for more appraisals. A little diversification wouldnt hurt, either.