Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
M%amp;M Criticizes Former Company Eecutives
By Mark E. RuquetThe chief executive of Marsh & McLennan Companies Inc. says the company ousted top managers because they were responsible for contingency fee abuses that ...
May 02, 2005
Money Manager To Use BISYS SMA SystemBISYS Group Inc., New York, has lined up an outsourcing customer in the separately managed accounts market.[@@]Fiduciary Asset Management L.L.C., St. Louis, a firm ...
May 02, 2005
Thrivent Updates VA ContractTest testThrivent Financial for Lutherans is responding to increased consumer interest in asset-allocation portfolios.[@@]The Appleton, Wis., fraternal says its new Thrivent Financial Variable Annuity ...
May 02, 2005
PRS Group Offers European-Focused FundMIAMI (HedgeWorld.com)--PRS Group has launched a fund of funds consisting of managers focused exclusively on the European market. The PRS Mondrian Fund will comprise funds that either are domiciled in Europe or that concentrate their investments in European securities. The fund, launched April 1, is a diversified portfolio and was...
May 01, 2005
Staying BalancedThe germ of the socially responsible investing (SRI) movement sprouted from a letter that Luther Tyson and Jack Corbett, who worked on peace, housing, and...
May 01, 2005
A Proper FitSeparate accounts are a useful tool in managing client assets, but they have been oversold by many firms. It's important to know exactly what a...
April 21, 2005
Pension Move Could Push $650 Billion Out Of StocksEfforts to change pension plan reporting rules could transform allocation of U.S. pension assets and reshape the market for bonds and other debt securities.[@@]Pension ...
April 19, 2005
Fund in Focus: Davis Appreciation & Income FundAndrew A. Davis, portfolio manager since February 2003; Jason Voss, portfolio manager since September 2000 S&P Rank: 4 Stars Faithful to Convertibles