Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Treasury Seeks EESA Asset Managers
By Staff WriterThe government is looking for vendors to help it handle the stocks, bonds and warrants it buys from troubled financial institutions.The Treasury Department has posted ...
November 01, 2008
Safe and SoundOur role, says Charles Goldman, is to "provide safety and soundness of clients' assets" for the advisors who custody those assets at Schwab Institutional (SI)....
October 24, 2008
Liddy: AIG May Need More FinancingAmerican International Group Inc. Chairman Edward Liddy is warning that AIG may need more than the $123 billion in government financing it already has to ...
October 14, 2008
Treasury Hires Advisor for TARPThe Treasury Department announced October 13 that it had hired Chicago-based EnnisKnupp and Associates to serve as its investment advisor to help implement TARP.
October 14, 2008
Bank of New York Mellon to Act as TARP CustodianThe Bank of New York Mellon has been chosen by the Treasury Department as the custodian to implement the Troubled Asset Relief Program (TARP)--or the $700 billion bailout fund.
October 07, 2008
U.S. pension plan funding status slips slightly in septemberFunding ratios at the typical U.S. pension plan dipped 0.3 percentage points in September as liabilities decreased almost the same amount as the assets of...
October 07, 2008
Insurers Can Help Treasury Run BailoutThe U.S. Treasury Department wants to hire financial institutions - including big insurers - to help it manage portfolios of whole loans and troubled mortgage-related ...
October 01, 2008
Asset Allocation, October 2008Read this month's recommended asset allocations from Investment Advisor's panel of distinguished economists and money managers here.