Watch breaking news videos and read news updates about Money Managers on investmentnews.com
Pimco net flows, despite increase, lag behind amid controversy
February net flows still negative, fall far shy of broader fixed-income recovery
Gross: Get to 'old normal' and you'll see growth
Appreciating assets will lead to respectable growth rates and a reduction in unemployment, Pimco chief said in monthly outlook.
Advisers eyeing Pimco carefully in wake of upheaval
Advisers are anxiously watching to see if the fund giant's recent management upheaval masks broader problems that could impact performance. Few are cutting and running. Yet.
Cantor Fitzgerald makes big splash in wealth management with First Commonwealth deal
Renowned trading firm strikes a deal to acquire a bank-owned RIA with more than $2 billion in assets. And it's not finished. Here's what Cantor is looking for.
Franklin Templeton lifts Ukraine bet by over $250 million
Asset manager is the country's largest debtholder; growing violence spurs unprecedented losses.
Fidelity names Morrison to head asset management
Longtime veteran replaces O'Hanley as unit loses ground to rivals amid investor outflows.
Merrill Lynch nabs $400M team from Morgan Stanley
Bank of America Merrill Lynch has snapped up a former Morgan Stanley duo who oversaw some $400 million in assets. The two advisers, Michael Bromberg and Daniel Gerschel, have joined Merrill Lynch's New York office. They previously produced about $1 million in revenue while at Morgan Stanley,
With business booming, Schorsch's RCS Capital eyes further growth
Nick Schorsch's RCS Capital is building the second-largest independent broker-dealer network — 9,000 registered reps and financial advisers — through several acquisitions it announced last year.
BlackRock extends reach into retirement business with new funds, indexes
Money manager turns focus to retirement income, distribution vs. accumulation.
Merger of Nicholas Schorsch's American Realty Capital Properties and Cole Real Estate Investments closes
Combined company is the largest publicly traded net-lease REIT, with value of $21.5B
Advisers differ on whether in-house investment management is a plus
Brodeski says advisers should advise; Carson insists that it's possible to generate alpha.
In El-Erian departure wake, Seidner joins Grantham Mayo from Pimco
Marc Seidner left Pacific Investment Management Co. in a leadership shakeup triggered by CEO Mohamed El-Erian's resignation and joined Boston money manager Grantham Mayo Van Otterloo & Co. to oversee fixed income.
Dennis Stattman's 25-year balancing act
Dennis Stattman, manager of BlackRock's global allocation fund, has made advisers look smart and has kept clients happy thanks to 25 years of outperformance.
New plan for Barclays advisers offers more even ratio between salary and bonus
A new plan for Barclays advisers offers a more even ratio between salaries and bonuses. The payout grid remains in place, but it's not the same. Plus: How adviser salaries stack up vs. other jobs
Tommy Belesis' hedge fund associate sues SEC
Houston radio host George Jarkesy charges the regulator denied him due process in fraud case.
Explore your opportunities and be informed for your next move.
February 27, 2014