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 |
|
Thursday, December 30, 2010 '10's Biggest 10 What were 2010's biggest 10? And we're not talking about Bo Derek. Stories about weddings, divorces, births and deaths are typically among the most-read stories each year, and 2010 is no exception. (Speaking of weddings, congratulations are in order for Putnam Investments' chief investment officer, who got married earlier this month). This year, wedding bells rang for BNY Mellon Asset Servicing and PNC Global Investment Servicing, Nuveen Investments and FAF Advisors' long-term asset management business, Federated Investors and SunTrust's money market mutual fund business and Eaton Vance and Managed ETFs LLC. Then there are the divorces: there's the amicable divorce between Pimco and Allianz Global Investors Distributors on the distribution front and the (still ongoing) bickering between TCW and Jeff Gundlach in the wake of their December 2009 breakup. Which leads us to the topic of births. Gundlach set up his own firm in December 2009 and in April of this year, launched his first batch of mutual funds. 2010 also saw the passing of Fidelity's Victor Thay (35), Integrity Viking Funds' Robert Loest (66), Van Eck Associates chief investment officer Derek van Eck (46) and Neuberger Berman co-founder Roy Neuberger (107). Here are the 10 most-read stories of 2010: 1. A Mutual Fund Servicer is Back on the Block January 19 2. Sale Buzz Surrounds a Bank's Mutual Fund Unit January 4 3. A Quiet Mutual Fund Giant Adds a New Channel January 6 4. Layoffs Hit a Midwest Fund Firm January 27 5. Gundlach Wins Over More TCW Managers for DoubleLine January 13 6. A Midwest Fund Firm is Sold July 29 7. A Fidelity PM Passes Away February 19 8. Allianz Restructures its Sales Team January 12 9. A Tale of Two 401k Providers: Fidelity and Putnam March 26 10. Pimco's Distribution Move Could Make Allianz a Buyer August 3 Printed from: MFWire.com/story.asp?s=35490 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |