Sentence examples for proprietary funds from inspiring English sources
Morgan Stanley's proprietary funds have the biggest market share among the five largest broking firms, according to Financial Research Corp, a Boston research firm.
While JPMorgan had already returned $1 billion belonging to customers and $417 million in the firm's proprietary funds, it attached a lien to the latter payment.
Nicholas-Applegate also advises several fund groups, including the Enterprise Group of Funds and others using the same strategy as the company's proprietary funds.
A year ago, in its annual report, Citi bragged that its proprietary funds accounted for one-half of sales by its American bank and three-quarters of sales by Primerica.
Aitan Goelman, the CFTC's director of enforcement, said: "Investors are entitled to know if a bank managing their money favors placing investments in its own proprietary funds or other vehicles that generate fees for the bank.
Some retirement plans do not use publicly available mutual funds and may include proprietary funds, with holdings described as units rather than shares.
The strategy involves a proprietary fund run by some of the smartest people I've ever met.
In New York, at least one top investment bank has changed how it runs a proprietary fund to avoid sending out obvious signals about what it buys and sells.
The first Libor legal case the bank faced, Graiseley Properties, alleged that Barclays directly profited from its manipulation of the Libor rate through the activities of the £130m proprietary fund.
The firm later added that, through "business development and other programmes", extra payments might also have been made for proprietary fund sales.Despite the firm's admission, the scale of the case against Morgan Stanley remains unclear.
The new section offers our readers access to a host of online and magazine fund stories, daily fund data from Lipper Analytical Services along with Forbes' proprietary fund grading system mutual fund tables from recent issues and a variety of interactive features to help mutual fund buyers better understand their investments.
