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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

Topic

Legg Mason overhauls executive ranks

Following a quarter in which it sustained nearly $13 billion in net outflows, Legg Mason Inc. is reorganizing its senior ranks

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Upbeat asset managers step up sales hiring

Mutual fund companies are beefing up their sales departments, a sure sign of optimism in an industry that was hit hard by the financial downturn

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Sounding the alarm on muni funds with heavy non-rated-bond weightings

Four firms are managing high-yield municipal bond funds with more than 40% of their assets invested in non-rated bonds, a red flag for investors, according to a muni bond expert

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What BlackRock’s break from Bank of America means for the retail world

Bank of America Corp.'s decision to sell its remaining stake in BlackRock Inc. should make it easier for the asset manager to reach its goal of doubling its retail mutual fund business in the next three years, analysts said

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Arrow aims to jump into alternatives ETF sector

Entering mostly uncharted waters; 'not an easy place to be fishing for assets'

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A subadviser to Grail aims to enter active-ETF market itself

In the wake of the announcement that Columbia Management Investment Advisers LLC will buy Grail Advisors LLC, one of Grail's partners is still making plans to go it alone with active ETFs

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BlackRock starts to flex retail muscles

Five years ago, Frank Porcelli would get laughed out of the room when he pitched Merrill Lynch Investment Managers funds to competing wirehouses

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New muni bond tool could shock clients

Few investors grasp the damage inflation can do to long-term debt. But a new online tool from BondView might help bring clients' expectations in line with reality.

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Wells Fargo muni plan gets ‘huge push-back’ from brokers

Firm eyes restricting sales of tax-exempt instruments to clients with e-mail addresses; construed as checking up

Topic

Plan under way to up muni bond disclosure — but will it help?

MSRB looking to boost information available to B-Ds, investors; source of that info still a bottleneck, however