Liana Magner has been appointed US Delegated DC Leader for Mercers Investments business.
Pioneer Investments has named Jonathan Chirunga as a portfolio manager on two Pioneer open-end municipal bond funds: Pioneer High Income Municipal Fund and Pioneer AMT-Free Municipal Fund.
Direxion has added another member to its sales team.
The Securities Industry and Financial Markets Association named former New Hampshire governor and U.S. senator Judd A. Gregg as its next chief executive officer.
BMO Global Asset Management continues to expand its Retirement Services teams while keeping an eye out for more potential hires.
Stock and bond funds, including exchange-traded funds, maintained a strong pace of net inflows in April, according to fund industry researcher Strategic Insight (SI).
ETFs can now be placed in retirement plans.
Former ICI President David Silver Dies
T. Rowe Price Group has no immediate plans to begin offering active exchange-traded funds, the Baltimore Business Journal reports.
Pacific Investment Management Co. is becoming less dependent on Bill Gross, preparing for an eventual future without the world's best-known bond investor and adding pressure on its rising stars to live up to his legacy.