5Vote!
PR News Wire (Free subscription) | 11/10/2009
NEW YORK, Nov. 10 /PRNewswire-FirstCall/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. today reported that during the month of October, preliminary assets under management decreased by approximately $11 billion, or 2.2%, to $487 billion at October 31, 2009, due to negative investment performance in equity services as well as modest net outflows, primarily in the Institutional...
4Vote!
PR News Wire (Free subscription) | 11/09/2009
NEW YORK, Nov. 9,/PRNewswire/ --Paladin Strategic Partners ("Paladin") announced today the acquisition of a controlling interest in HomeSaver Mortgage Management, LLC ("HomeSaver"). HomeSaver (formerly ARC/Westwood HomeSaver Management, LLC) is an asset management company formed to utilize private capital in acquiring bank-owned portfolios of troubled mortgage assets and implement...
4Vote!
PR News Wire (Free subscription) | 11/09/2009
BALTIMORE, Nov. 9 /PRNewswire-FirstCall/ -- T. Rowe Price Group (Nasdaq: TROW) today announced that it has entered into definitive agreements to acquire a 26% stake in UTI Asset Management Company Limited and UTI Trustee Company Pvt. Ltd. for INR 6.5 billion (approximately $138 million based on current exchange rates). The transaction is subject to receipt of requisite regulatory approvals and is expected...
5Vote!
PR News Wire (Free subscription) | 11/04/2009
NEW YORK, Nov. 4 /PRNewswire-FirstCall/ -- AllianceBernstein L.P. ("AllianceBernstein") and AllianceBernstein Holding L.P. (NYSE: AB) today announced that Peter S. Kraus, Chairman and Chief Executive Officer, will present at the 2009 Merrill Lynch Banking and Financial Services Conference on Wednesday, November 11th at 8:50 a.m. (EST) in New York City.
4Vote!
PR News Wire (Free subscription) | 10/26/2009
BOSTON, Oct. 26 /PRNewswire-FirstCall/ -- Local currency-denominated emerging markets debt has more attractive opportunities than dollar-denominated emerging markets debt, according to a recent analysis by Standish Mellon Asset Management Company LLC, the fixed income specialist for BNY Mellon Asset Management.
4Vote!
PR News Wire (Free subscription) | 10/26/2009
FOXBORO, Mass., Oct. 26 /PRNewswire/ -- Axeda Corporation, the on-demand intelligent asset management company, today announced that it has closed a $5 million series B funding round with its lead investor, JMI Equity and has also secured $4 million venture debt from Toronto-based MMV Financial. The investments will fund company growth as it positions itself for new business opportunities in the burgeoning...
5Vote!
PR News Wire (Free subscription) | 10/09/2009
NEW YORK, Oct. 9 /PRNewswire-FirstCall/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. today reported that during the month of September, preliminary assets under management increased by approximately $16 billion, or 3.3%, to $498 billion at September 30, 2009, as positive investment returns were partially offset by modest net outflows, primarily in the Institutional Investments...
3Vote!
Financial Times (Free subscription) | 09/18/2009
BlueBay, Europe's largest specialist debt asset management company, suffered a fall in profits in spite of the rush by investors to put money into corporate bond funds
5Vote!
Market Wire (Free subscription) | 09/08/2009
ASPEN, CO (MARKET WIRE) Obermeyer Asset Management Company, one of Colorado's premier discretionary asset management firms, today announced that Barron's magazine has named Wally Obermeyer one of the top advisors in the nation. The Barron's 2009 list of Top 100 Independent Financial Advisors was published in the magazine's August 31st edition.
7Vote!
Market Wire (Free subscription) | 08/27/2009
ASPEN, CO (MARKET WIRE) Obermeyer Asset Management Company (Obermeyer), one of Colorado's premier discretionary asset management firms, has announced the relocation of its head of investment research to Denver. John Goltermann, CFA, CPA, Obermeyer's Senior Vice President for Portfolio Management, will make his primary office in the firm's recently opened office in the Cherry Creek business district....
3Vote!
Financial24 (Free subscription) | 07/30/2009
Asset management company Franklin Resources Inc. (BEN), Thursday reported a 26% decline in net profit for the third quarter as revenues dropped 29%, while assets under management shrunk from last year. Earnings, though down from last year, came in w ...
4Vote!
Market Watch (Free subscription) | 07/30/2009
NEW YORK (MarketWatch) -- Asset manager Franklin Resources Inc. said Thursday that its fiscal third-quarter profit declined to $297.7 million, or $1.29 a share, compared to $403.3 million, or $1.71 a share, in the year-ago period. Revenues in the latest quarter were $1.07 billion compared to $1.52 billion in the same quarter of 2008. Analysts surveyed by FactSet Research had expected, on average,...
4Vote!
Market Watch (Free subscription) | 07/14/2009
SAN FRANCISCO (MarketWatch) -- Janus Capital Group Inc. said Tuesday that its second-quarter net income from continuing operations fell to $15.8 million, or 10 cents a share, from $65.6 million, or 40 cents a share in the same period last year. Long term net inflows hit $2.3 billion as firmwide assets in the quarter reflected $20 billion of net appreciation, Janus said. Assets under management fell...
1Vote!
Financial Times (Free subscription) | 07/07/2009
State-run Korea Asset Management Company said it would buy 62 vessels from shipping companies in the country through its Won4,000bn fund to help free up funds for the troubled groups
3Vote!
The DIV-Net (Free subscription) | 06/16/2009
As a Canadian, I do invest in Canadian dividend stocks. Like the rest of my portfolio I use index funds as the core component however I have supplemented with select dividend growth companies. Just because they are stocks from companies in my own back yard, I still need to ensure I do the proper analysis. That typically always starts with a review of the Canadian Dividend Achievers list. The Broad...