Investment company shuffles managers
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Fidelity Investments said it appointed Scott W. Dell'Orfano executive vice president and national sales manager of Fidelity Registered Investment Advisor Group. The group is one of the largest providers of custody and brokerage services to independent registered investment advisers. Separately, Fidelity said Penelope A. Dobkin was named portfolio manager of Fidelity Advisor Diversified International fund, succeeding William C. Bower, who ...
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Blog: Yahoo Finance general manager leaves
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In the asset management industry, the corporate structures can get confusing -- and the numbers huge. BlackRock (NYSE: BLK), for example, is a large asset management firm with $314 billion under management.
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CondÃ© Nast Publications announced a management shake-up, including the departure of Mitchell B. Fox, one of the companyâs highest-ranking executives.
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The mutual fund giant Fidelity Investments disciplined 16 traders yesterday, two of whom have left the firm, as part of an extensive investigation into whether employees improperly accepted gifts and entertainment from brokers.
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It's been nearly two years since Fidelity Investments dispatched new managers to take over two of its biggest mutual fund stars of years past and try to revive them from long stretches of stock-picking torpor.
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Ford Motor Co. announced on Thursday a shake-up of its top management intended to streamline vehicle development efforts and bring Chief Executive Alan Mulally closer to key operations.
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Fannie Mae&#39;s board of directors may have found it hard to get rid of the company&#39;s top two executives, but a difficult job remains in navigating the transition to the next senior management team.
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The move is only the latest management shakeup at the lender since its proposed buyout began collapsing over the summer.
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A takeover attempt follows management shakeups at the biopharmaceutical firm.
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WASHINGTON - Fidelity Investments, the world's largest mutual-fund manager, more than doubled its votes against corporate board nominees this year to object to executive severance packages and director absenteeism.
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Deutsche Bank shuffled the ranks in its executive suite on Tuesday, putting more power into the hands of two prominent investment bankers based in London, but also naming
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The retailer's CEO steps down amid a shakeup in operations.
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Putnam Investments, which was fired from managing &#36;1.7 billion in Massachusetts pension investments during the mutual fund scandal, is returning as a money manager in its home state after adopting reforms intended to ensure fair trading.
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Bear Stearns, which bailed out two hedge funds with $1.6bn, hires a new head of asset management.
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A new face in the boardroom heralds change for the troubled company.
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The out-of-town owners of both Putnam Investments and MFS Investment Management are mulling whether to sell the big asset-management companies, spin them off, or take other steps that could put at risk several thousand jobs at each.