Highbridge Capital Management has hired former Goldman Sachs investment banking co-head Scott Kapnick top launch a new private equity business.
The recent setting aside of the broker-dealer exemption rule could make the brokerage community one of the hottest markets for exchange traded funds — a dramatic reversal from the way ETFs were viewed by brokers just a few years ago.
PHILADELPHIA — When it comes to voting their proxies in elections for corporate directors, mutual fund companies prefer not to stand out from the crowd.
BOSTON — The Hartford Mutual Funds, where assets have more than quadrupled since 2000, added three funds last week, including two requested specifically by financial advisers.
BOSTON — In an effort to reverse outflows and attract new assets, American Century Investments is stepping up its efforts to sell mutual funds through financial advisers.
CHICAGO — According to a new white paper, although 83% of plan sponsors who used financial advisers were very satisfied with them, 42% of surveyed sponsors didn’t even use one.
The Hartford Mutual Funds, where assets have more than quadrupled since 2000, added three funds last week, including two requested specifically by financial advisers.
Trying to reverse outflows and attract assets, American Century Investments is beefing up its adviser channel.
When it comes to voting their proxies in elections for corporate directors, mutual fund companies prefer not to stand out from the crowd.
Hedge fund manager Man Group plans to list one of its hedge funds on the NYSE this fall – and today announced a strong annual profit.
The former head of an Idaho hedge fund firm pleaded guilty to securities fraud, according to published reports.
Global Alpha, Goldman Sachs’ flagship hedge fund, fell 3.4% during the first four months of this year.
A new 401(k) plan featuring iShares ETFs from Barclays Global Investors is now available.
State Street Global Advisors announced five new fixed-income SPDR ETFs will begin trading on the American Stock Exchange tomorrow.
Paul S. Atkins, a commissioner of the SEC, is in line to head up the Commodity Futures Trading Commission, the Financial Times reported.
WASHINGTON — The Securities and Exchange Commission is on a roll in the courts — but not a good one.
RiverSource Funds — formerly American Express Funds — ranked as last year’s third-best-performing mutual fund group by one measure and now is waging a battle to improve its image and reverse investor outflows by sometime next year.
Arbitrageurs looking to profit from the annual reconstitution of the small-cap Russell 2000 Index next month will have a more difficult time of it this year, according to some industry experts.
PHILADELPHIA — First Trust Advisors LP is betting that investors will want exchange traded funds that seek alpha.
One-third of investment management firms will increase their use of outsourcing over the next two years.
