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Several smaller fund companies are rethinking how they are going to handle Charles Schwab & Co.'s fee increase for its OneSource no-transaction fee (NTF) fund supermarket. Rather than accepting the [...]

The$500 million University of Utah endowment is planning to increase its allocation to hedge funds and will seek its first-ever direct managers in the sector. --Mark FaroThe$500 million University of [...]

Real I.S., the real estate asset management unit of BayernLB, is planning to launch a new 300 million investment fund, PropertyEU reports. Real I.S., the real estate asset management unit [...]

Before Andrew Donohue leaves as the country's top mutual fund regulator in November, the Securities and Exchange Commission will put out for public comment how it wants to better align [...]

MF Global Holdings posted an unexpected quarterly loss and plans to eliminate as much as 15% of its workforce. Bloomberg MF Global Holdings posted an unexpected quarterly loss and plans [...]

Boeing, the Ohio Public Employees Retirement System and the South Carolina Retirement System are planning to allocate close to $2 billion to investing directly in hedge funds next year. Boeing, [...]

Principal Funds plans to launch a suite of funds designed to provide retirees with a steady stream of income. Principal Funds plans to launch a suite of funds designed to [...]

Aberdeen Asset Management, which had plans to establish a range of hedge funds when it hired Andrew McCaffery as head of absolute return strategies in late 2006, has rethought its [...]

Perella Weinberg Partners, the corporate advisory firm formed one year ago by Joseph Perella and Peter Weinberg, is planning to launch a long/short equities hedge fund in October. Peter Weinberg [...]

The $6 billion San Diego County Employees Retirement Association is planning to seek additional hedge funds this year and consider a first foray into infrastructure. The $6 billion San Diego [...]

The Mutual Fund Store, which services retirement plans with fewer than 100 employees, plans to staff three new, upcoming shops. The Mutual Fund Store, which services retirement plans with fewer [...]

Union Bank of California Investment Services is planning to launch a multi-managed wrap program in January, 70% of which will be comprised of non-proprietary mutual funds. The outside funds will [...]

Putnam Investments has filed with the Securities and Exchange Commission to launch a technology fund. A Putnam insider said that the sector investing nature of the proposed fund is a [...]

State Street Global Advisors has filed with the Securities and Exchange Commission to launch the OWNx CustomerOwner Fund, which will invest primarily in companies that participate in the CustomerOwner Program [...]

AIG Private Bank in Zurich this month launched a Swiss-registered European small-cap fund, dubbed AIG Equity Fund Europe Small Companies, a clone of an existing Dublin-registered offshore fund called AIG [...]

Adviser firms are required to have a process in place to evaluate how portfolio managers seek to achieve best execution and that process is coming under heightened scrutiny from the [...]

Munder Capital Management is planning to launch its first retail large-cap growth fund, the Focus Growth Fund. The fund will be based on an institutional fund that has been offered [...]

PIMCO Equity Advisors is planning to convert its existing PIMCO Core Equity Fund to a focus growth fund in April. The PIMCO Core Equity Fund, which had been a blend [...]

Kevin Comer, formerly the head real estate equity analyst at Deutsche Bank, has left the investment bank to launch an opportunity fund focusing on distressed real estate investment trusts. Comer, [...]

State Street Corporation is talking to Chinese authorities about the advantages of shifting to open-end mutual funds and defined contribution pension arrangements, following the path that Chile and other overseas [...]

Investa, currently an asset manager for high-net-worth individuals, is planning to make its way into the mutual fund arena with the launch of two mutual funds. In January, the company [...]

Jundt Associates, which manages a family of load mutual funds, is planning a separate no-load family. James Jundt, chairman of the Minneapolis, Minn.-based company, said the no-load family, which will [...]

TD Waterhouse, the second largest global discount brokerage operation as ranked by online trading volume, is planning to launch its own lineup of mutual funds in the U.S, an official [...]

J. & W Seligman & Co. is planning to launch four proprietary asset allocation fund of funds. The market for retirement plans and fee-based asset management is on the rise, [...]

In what is believed to be an industry first, two Teachers Insurance and Annuity Association--College Retirement Equities Fund shareholders have submitted proxy proposals asking the company to create funds which [...]

Merrill Lynch Investment Managers for the first time will begin offering its separately managed account portfolios outside of the wirehouse channel. MLIM inked a deal to distribute two portfolios through [...]

The $23.6 billion Missouri Public School Retirement System may seek specialist real estate managers to run approximately $180 million by the beginning of next year in a continuation of its [...]

Investment funds and market participants dispute a Euroclear claim that FundSettle is poised to emerge as the single platform for funds in Europe. Euroclear recently held meetings with 16 fund [...]

BNY Asset Management plans to break into the broker/dealer channel and is looking to create load-shares for a number of its funds to target this market. As part of the [...]

Gulf International Bank is looking for brokers with good SWIFT connections for planned new funds to make it easier to send instructions. Without SWIFT capability; the back-office staff at Gulf [...]

Fred Alger Management plans to launch a mutual fund which invests in companies that benefit the environment as part of the Clinton Global Initiative. The fund will be called the [...]

DWS Scudder said it plans to start a foreign large-cap value fund and a global real estate fund. The DWS International Value Opportunities Fund will be managed by Klaus Kaldemorgen [...]

* Patrick McMullen, a portfolio manager at $4 billion multi-strategy hedge fund firm Carlson Capital, is preparing to launch a long/short equity fund Dec. 1. The new offering, Armadillo Capital [...]

The $2.3 billion pension fund of Ameren Corp. is considering investing in hedge funds, although it doesn't have a timetable for making an investment. A finance professional at the energy [...]