Tag: Investment Managers

American International Group, Inc. (AIG) has announced an agreement to sell a portion of its investment advisory and asset management business to Bridge Partners, L.P.

The PNC Financial Services Group, Inc., has announced its intention to merge Allegiant Asset Management Company with its affiliate, PNC Capital Advisors, Inc., on or about...

Janus Capital Group Inc. has announced that Dominic Martellaro, executive vice president and managing director of Janus Global Advisors, will step down from his position effective...

Fidelity has launched a guidance program "to help investors better understand and consider fixed-income investments as part of their investment goals."

DWS Investments, the U.S. retail unit of Deutsche Bank’s global asset management division, has announced the appointment of Michael J. Woods as U.S. head of distribution.

HSBC will launch Tuesday the HSBC FTSE 100 ETF, the bank's first European exchange-traded fund (ETF).

Reuters, quoting anonymous sources, said discussions about a deal for all or a portion of Van Kampen are at an early stage.

Brinker Capital announced plans to launch its Personalized Distribution Strategy, a systematic approach to retirement spending and investing.

Fidelity Investments’ registered investment adviser (RIA) and brokerage clients will now have access to the initial public offerings (IPOs) and follow-on equity offerings underwritten by Deutsche Bank Securities...

Investment managers expect corporate earnings to increase in the next three months, and a majority expect global GDP growth to accelerate in the next six months, according to...

The economic crisis erased just under $10 trillion in professionally managed assets in 2008, with the bulk of the decline seen in the final quarter, according to Cerulli...

A new survey found that Bank of America Corp. (BofA) holds the title of the biggest wealth manager through the end of 2008.

A new report from Finadium suggested that asset managers have learned from hedge funds that investors seek a wide variety of risk and reward characteristics in their investment...

Ravaged by the same fiscal turbulence pounding the nation's legitimate businesses, Ponzi operations have been collapsing at a record clip, The Washington Post reported.

Spector Roseman Kodroff&Willis, P.C., filed another class action against Austin Capital Management Ltd. for millions of dollars of losses due to improper investments in securities controlled by Bernard...

BlackRock, Inc. says it has executed a purchase agreement to acquire Barclays Global Investors (BGI), including its iShares exchange-traded fund (ETF) platform.

Russell Investments created five new global service lines: Consulting and Advisory Services, DB/DC Outsourcing, OpenWorld, Retail, and Russell Investment Services (RIS).

A study by consulting firm kasina found that investment managers will further rely on analysts to guide advisers to products.

Globally, investment manager search activity is slowing down as investors focus their attention on strategic issues, according to Mercer’s 2008 Global Manager Search Trends report.

ETF Portfolio Management (ETF PM) launched a new investment platform.