Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
T. Rowe Price Mid-Cap Value Fund to Close
By Staff WriterFeb. 9, 2005 -- The T Rowe Price Mid-Cap Value Fund (TRMCX), which has topped its peers over the last five years, will close to...
February 02, 2005
Advisors Bailed Out Of Tainted Funds: CerulliFinancial advisors appear to have lost faith in mutual funds asset managers named in recent investigations, a new survey by Cerulli Associates Inc., Boston, finds. ...
January 25, 2005
Age-Based Portfolios Hold 69% Of 529 Plan AssetsNU Online News Service, Jan. 25, 2005, 5:20 p.m. ESTAssets in 529 college savings plans increased to $45 billion at the end of the ...
January 24, 2005
Managers Acquires Fremont FundsJan. 19, 2005 -- Managers Investment Group LLC completed the acquisition of about $3 billion in assets under management, including the 12 Fremont mutual funds,...
January 24, 2005
Mellon Buys DPMSOMERSET, N.J. (HedgeWorld.com)--Officials with Mellon Financial Corp.'s Asset Servicing group announced plans Tuesday to buy Derivatives Portfolio Management LLC, a hedge fund administrator that oversees...
January 24, 2005
Distressed a Top Performer in 2004, CSFB Index Up 9.64%NEW YORK (HedgeWorld.com)--Distressed managers charged ahead once again and finished the year as best performing sub-category of the CSFB/Tremont* Hedge Fund Index with a return of 13.62% for the year ended Dec. 31. The overall index closed out the year 9.64%. In December, the index was up 1.6%, while distressed...
January 12, 2005
Managers See Stronger Dollar for JanuaryGREENWICH, Conn. (HedgeWorld.com)--Hedge fund managers reversed their bearish view of the U.S. dollar this month, with 61% of those responding to a Van Hedge Fund Advisors survey predicting a January rally for the currency. With a number of economic analysts having forecast relatively strong 2005 performance for the U.S. economy...
January 04, 2005
Schwab Adds Third Managed Account OptionNU Online News Service, Jan. 4, 2005, 4:15 p.m. ESTA San Francisco company is offering independent advisors another way to hire it to oversee ...