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News

Gross Says He Wouldn't Hire Former Fed Chair Bernanke as Advisor

Bill Gross said he wouldn’t hire Ben S. Bernanke as an advisor. He’d rather read the former Federal Reserve Chairman’s blogs and tweets.

Ben Bernanke Joins Pimco in Advisory Role

Former Federal Reserve Chairman Ben S. Bernanke's new senior adviser role at PIMCO is his second consulting agreement with a top money manager in as many weeks.

Top Women in Asset Management Awards 2015

Announcing this year's winners of Money Management Executive's Top Women in Asset Management Awards.

Neuberger Berman Names MetLife CEO to Board for Investing View

Neuberger Berman, the employee-owned money manager that oversees $250 billion in client assets, named MetLife Chief Executive Officer Steven Kandarian to its board.

State Street Names O’Hanley to Run $2.4 Trillion Money Manager

Ronald O’Hanley, who stepped down last year as head of Fidelity Investment’s asset management business, is set to run State Street Corp.’s $2.45 trillion investment arm.

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Articles

Executive Briefing

Goldman Sachs Asset Management (GSAM) announced it has entered into an agreement with Deutsche Asset & Wealth Management (DeAWM) to acquire DeAWM's stable value business, with total assets under supervision of $21.6 billion as of June 30, 2013

Executive Briefing

Securities and Exchange Commission Chair Mary Jo White met with leaders of the equities and options exchanges, FINRA, DTCC and the Options Clearing Corporation following the August 22 interruption in the trading of NASDAQ-listed securities.

Executive Briefing

Goldman Sachs will replace Bank of America Corp., Visa will replace Hewlett-Packard and Nike will replace Alcoa in the Dow Jones Industrial Average (DJIA) after the close of trading on Friday, September 20.

Executive Briefing

The 50 largest asset managers accounted for more than US$38 trillion in assets under management at the end of 2012. This is a full US$4 trillion more than the year before, even as the biggest firms in the industry continue to enlarge, according to The Cerulli Report: Global Markets 2013.

Executive Briefing

Best known as the first woman to own a seat on the New York Stock Exchange and the first to head one of its member firms, Muriel F. "Mickie" Siebert died of complications from cancer on August 24 at the age of 80.

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