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Jessica Toonkel

Jessica was a reporter for InvestmentNews from 2009 to 2011 before moving on to Thomson Reuters. As of 2022 she had become Deputy Media Editor at The Wall Street Journal. She tweets at: @jtoonkel

Displaying 373 results

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American Funds is top fund family for indie B-Ds

Despite billion of dollars in outflows, American Funds is the most popular fund group among independent broker-dealers, according to a survey conducted by InvestmentNews.

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American Funds executive blames advisers for outflows

Industry observers and financial advisers have expressed their surprise to see American Funds point the finger at them…

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Pimco ranks high among advisers

It says a lot about 2010 that Pacific Investment Management Co. LLC ranked among the highest in sales in each of the three adviser distribution channels: wirehouses, regional and independent broker-dealers, and RIAs.

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Grail Advisors lines up suitor; five ETFs on the line

If firm doesn't find buyer, it may be forced to shut down some funds; potential purchaser said to be marquee name

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Another top exec exiting Goldman’s asset management biz

Steve McGuinness, a nineteen-year veteran at Goldman Sachs, is the latest top exec to bolt from the bank's asset management unit.

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Equity gyrations trigger big rise in exchange-traded notes

In a little more than two years, 14 ETNs linked to the Exchange Volatility Index have been launched; warning, VIX aren't for kids

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J.P. Morgan nabs former Pimco exec

J.P. Morgan Funds has tapped a Pacific Investment Management Co. LLC executive to oversee sales with key third-party distributors

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Will hedge funds be gremlin in Nasdaq-100 re-balancing?

In the wake of last week's announcement by the Nasdaq OMX Group Inc. that it will re-balance the Nasdaq-100 Index for the first time in 13 years, portfolio managers are warning that investors could see greater volatility in technology stocks over the next few weeks

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ETF model portfolios to be ranked by Morningstar – stars next?

Morningstar Inc. soon will begin ranking — and possibly even applying its popular star rating to — exchange-traded-fund model portfolios used by financial advisers, a first for the burgeoning industry

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Adviser in dutch over allegedly scamming Amish customers

A 77-year-old Amish financial adviser has agreed to settle Securities and Exchange Commission charges that he defrauded his fellow Amish in an investment scheme that allegedly lasted 24 years