MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, November 13, 2001 A Return to Manulife Robert Hechler, executive vice president and coo at Waddell & Reed, will retire at the end of 2001. He will continueas a member of the board of directors. No one will be hired to replace him. His duties will be shared among those remaining in the firm's executive suite. * * * Scott Cooley has been named editor of Morningstar Mutual Fund, a reference for investment professionals of mutual funds. Christine Benz will serve as editorof Morningstar FundInvestor, a monthly publication for individual investors. * * * David Tieman has returned to Manulife Wood Logan to serve as senior vice president of the wholesaling force for venture variable annuities. * * * Morgan Stanley Dean Witter plans to close its retail-securities business in Japan, according to an article in The Wall Street Journal. The 100 employees in the unit will lose their jobs, though some will be transferred to the institutional securities arm of the firm in Japan. * * * Amidex Funds, Inc. is developing a personal security and national defense fund. This follows a renewed interest in defense and security products. The new fund will be the Amidex Security and Defense Fund. * * * Alliance Capital Management reported a 4 percent bump in assets in October. The firm said preliminary assets under management of $438 billion at October 31, 2001, compared to $421 billion at September 30, 2001. Printed from: MFWire.com/story.asp?s=27220 Copyright 2001, InvestmentWires, Inc. All Rights Reserved |