Turnkey Asset Management
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PIMCO Outflows Slow, Firm Hires ‘Distressed Credit’ Manager
By Janet LevauxThe level of pain at the flagship Total Return fund is down, but a rival fund continues to shine.
July 31, 2014
3 Reasons New ETF Could Boost China, Germany Investment TiesOne of mainland China's largest fund managers is looking to the West with an ETF based on Germanys DAX.
July 31, 2014
UBS Profits Up Despite Regulatory Fines: Q2 EarningsUBS profit beat estimates despite muted client activity and charges resulting from litigation and regulatory matters.
July 31, 2014
New Hire Roundup: Altegris Names Murphy Deputy CIOAlso in new hires, Lindsey and Lindsey adds Christina Lindsey Orta, and former Gov. David Paterson joins IFS Securities.
July 29, 2014
Ameriprise Profits Up 24% on Wealth, Asset Management: Q2 EarningsAmeriprise Financial reported a second quarter 2014 net income of $374 million, up 24% from a year ago.
July 28, 2014
Baird Wraps Up MergerMilwaukee-based Baird says it has completed its purchase of McAdams Wright Ragen, adding 85 advisors with some $10 billion in client assets and seven offices…
July 21, 2014
Allianz Backs ‘Legend’ Bill Gross as PIMCO Total Return LagsWe want Bill Gross to work as CIO for as long as he is willing and able, says Allianz board member Jay Ralph.
July 17, 2014
Morgan Stanley Wealth Earnings Up, but Merrill Stays Ahead in Q2Despite Gormans push, the Morgan unit still has room for improvement on some fronts compared to its main rival, Merrill.