Jessica was a reporter for InvestmentNews from 2009 to 2011. Afterwards she moved on to Thomson Reuters working as a reporter and correspondent, then to 'The Information' as a senior reporter, and in 2022 became Deputy Media Editor at The Wall Street Journal. Connect with her on LinkedIn here.
Wells Fargo & Co., Nationwide Financial Services and Wilshire Associates Inc. are all looking to expand their asset class offerings in the wake of the market volatility of the past couple of years, officials of the companies told attendees of J.P. Morgan Asset Management's 2010 Research Summit last Tuesday.
Invesco will reorganize — and reduce — its combined sales force when it takes over Van Kampen Funds Inc., the $119 billion retail money management unit it acquired last October from Morgan Stanley for $1.5 billion.
Invesco Ltd. anticipates having a total of 130 mutual funds after it completes the integration of the Van Kampen Funds with its Invesco AIM funds in 2011.
Spooked by market volatility, advisers boosting cash positions; clients seem less concerned
To pry shellshocked investors out of their cash positions, several big fund companies are nudging investors into the next least-conservative position: short-term-bond funds.
With the S&P 500 up 80% since March 2009 and the specter of a correction looming, financial advisers are scrambling to keep clients calm and to make key adjustments to their portfolios.
In the wake of the market crash, mutual fund companies are revamping how they hire, pay and manage…
Firm teams with Western Asset Management to launch actively managed fixed-income fund
Nuveen Investments LLC is breaking into the exchange-traded-fund arena through a partnership with State Street Global Advisors.
State Street Global Advisors tabs former Goldman and Barclays executive to head its defined contribution business
