Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Salesperson styles: What kind are you?
By Kelley RobertsonIn the December issue of the Harvard Business Review, I came across a fascinating study on salespeople.
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.
January 28, 2011
2010 Q4 Earnings, Week Two: Asset Managers All Posted ProfitsDespite concerns about outflows, fourth-quarter is shaping up to be an excellent earnings season for asset management and mutual fund firms. To be sure,…