Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Oppenheimer's Wilby to Retire
By James J. GreenBill Wilby, who gained wide renown for his long tenure as portfolio manager for the Oppenheimer Global Fund (OPPAX), will retire from OppenheimerFunds Inc. on June 30 after 16 years at the firm.
June 01, 2007
Are SMAs Growing, or Not?There are conflicting signals within the industry about the health of the separately managed accounts business. Bob Cunha, principal at Market Metrics in Quincy, Massachusetts,...
May 13, 2007
Banks' BOLI Assets Reach $104 Billion in 2006Banks and bank holding companies reported bank-owned life insurance assets of $103.9 billion in 2006, up almost 49% from $69.9 billion a year earlier, a ...
May 01, 2007
Asset Allocation, May 2007To learn this month's recommended asset allocations of Investment Advisor's panel of distinguished economists and money managers, click here.
April 22, 2007
'De-skilling' Flagged As Key To Successful ManagementWhen it comes to overseeing an advisory practice, one of the most important things a top-tier manager can do is delegate to underlings tasks they ...
April 22, 2007
'De-skilling' Flagged As Key To Successful ManagementWhen it comes to overseeing an advisory practice, one of the most important things a top-tier manager can do is delegate to underlings tasks they ...
April 18, 2007
Royal Neighbors of America Reports Strong Results in 2006Royal Neighbors of America, Rock Island, Ill., reported strong financial results for 2006, assets growing to $648 million, and surplus increasing 16% or $28.8 million to $211.1 million. Furthermore, the organization maintained a surplus ratio of
April 17, 2007
A Healthy First Quarter for SchwabCharles Schwab Corp. announced April 17 that its net income for the quarter ended March 31, 2007, came in at $273 million, a pretty good jump from the $243 million the brokerage firm pulled in during the same period in 2006.