Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Hennessy Completes Tamarack Purchase (March 23, 2009)
By Janet LevauxHennessy Advisors, Inc. has acquired the assets related to the management of the Tamarack Large Cap Growth Fund and the Tamarack Value Fund, which have close to $160 million in assets.
March 12, 2009
Towers Perrin Warns On PensionsA typical large defined benefit pension plan may have ended February with only 60% of the assets needed to cover pension obligations.
March 11, 2009
Milliman: Pension Funding FallsThe "funded ratio" of the 100 largest U.S. defined benefit pension plans fell to about 72% at the end of February, down from about 100% a year earlier.
March 11, 2009
A New Look Over An Old FenceSome advisors imagine that wholesalers enjoy cushy lives: big base salaries plus fees for new assets, dinners on the company tab, golf outings, and other perks. It's time to radically rethink this picture.
March 06, 2009
U.S. pension plan funding declines six percentage pointsFunding ratios at the typical U.S. corporate pension plan dropped six percentage points in February as falling equity markets continued to reduce the value of...
March 01, 2009
The Commonwealth Case StudyAs an observer at the Commonwealth Financial Network Chairman's Retreat, the annual gathering of the broker/dealer's top producers, the vibe is collegial in more ways...
March 01, 2009
Planner Profile: All in the FamilyAlthough Shannon Eusey majored in psychology as an undergraduate at the University of California, Irvine (where she had been recruited to play volleyball), it's really...
February 12, 2009
Rebalancing actThis year's economic death spiral has forced advisors to abandon some trusted methods of protecting their clients' assets. According to Gail MarksJarvis for the Chicago...