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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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Credit Suisse snags key exec for distribution

Credit Suisse Asset Management LLC has nabbed a key executive to oversee its distribution in the wealthy and third-party retail channels

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Legg Mason’s woes raise doubts about future

Given the continuing exodus of its sales executives, struggles with fund outflows and an unexpected $74 million in compensation-related expenses disclosed this month, Legg Mason Inc. has many doubting that it will hit its goal of increasing operating margins to 30% by early next year

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12(b)-1 reform bite should be ‘modest’ for most, KBW says

Concerns about the impact of the proposed 12(b)-1 reform are overblown — at least for the fund industry, according to a report released last week

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Tokyo rocked, but U.S. financial firms are staying put

Despite a devestating earthquake, blackouts, powerful aftershocks and growing concerns about radiation poisoning, U.S. financial firms in Japan say it's 'business as usual.'

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Credit Suisse snags ex-Merrill distribution exec

Credit Suisse Asset Management LLC has nabbed a key executive to oversee its distribution in the wealthy and third-party retail channels.

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Vanguard, Fidelity top list of social-media-savvy fund managers

The Vanguard Group Inc. and Fidelity Investments top a list of firms in the asset management industry ranked by how well they use social media.

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Absolute-return funds raise questions of risk

They are being positioned as a way to manage risk, but the push to sell absolute-return funds following…

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Much-anticipated site for investors good news/bad news for advisers

BrightScope Inc. has launched a free online service that will allow investors to look up financial advisers

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Whistle-blower rule is winning few fans

Mutual fund companies are bracing for the expected passage this month of a proposed Securities and Exchange Commission rule that they say would completely undermine their internal compliance processes

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FBR cuts ratings on Franklin Resources, Legg Mason

Fund firms' reliance on faltering fixed-income sector a concern, analyst says