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Monday, March 1, 2010

Coming Up This Month: A CEO Change, an Awards Night

Reported by InvestmentWires Staff, 

As fundsters flip the calendar to a new month, The MFWire has put together a roundup of what's happening in the mutual fund world in March:

  • Dodge & Cox will have a new CEO at the end of this month. Kenneth Olivier, currently the San Francisco mutual fund firm's president, will become CEO effective March 31, taking over from John Gunn, who will remain chairman.

  • Dan Charles is leaving his post as head of Janus' institutional and international divisions on March 5. He will become William Blair Investment Management's global head of distribution effective March 10.

  • Former Citigroup executive Bill Arnold is set to join Neuberger Berman as chief financial officer this month.

  • Vanguard's new ad campaign could start appearing this month. This would be the first campaign Vanguard developed with Kirshenbaum Bond Senecal & Partners, whom Vanguard hired as its new agency in the latter part of last year.

  • On March 1, the Conference of Fund Leaders will hold its spring roundtable from 10 a.m. to 2 p.m. at the Loews Madison in Washington D.C.

  • The 12th Annual Money Market Expo will be held March 8-12 at the Orlando World Center Marriott.

  • The ICI's Mutual Funds and Investment Management Conference will take place March 1417, 2010, at the JW Marriott Desert Ridge in Phoenix, Arizona. SEC Commissioner Luis Aguilar will provide the keynote address.

  • The Lipper Fund Awards 2010 will take place March 24 at The Plaza Hotel in New York City.

  • WisdomTree is shuttering 10 ETFs which collectively account for three percent of the New York firm's $6 billion in AUM. The last day of trading for the 10 ETFs, as previously reported by The MFWire, is March 24. The liquidation will leave WisdomTree with 42 ETFs.

  • DWS Investments will cease offering B shares starting March 1. Principal Funds will do the same on March 2 and Lord Abbett on March 31.

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