Arthur J. Gallagher & Co. Acquires Affinity Marketing Group
TIAA-CREF and Henderson to start a new global real estate investment management company, Invesco High Yield Municipal opens back up to investors, Utah's Gold-rated 529 program cuts costs and adds funds from DFA, and Calamos seeks to begin issuing actively managed ETFs.
Three former Artio managers start their own firm and fund but keep their track record, The Hartford to liquidate its target-date series, and AMG takes a majority investment in yet another boutique manager.
AMG buys stake in Yacktman and more.
AMG bids for Harbor Capital parent Robeco, and a key fixed-income manager leaves American Century.
Likely available before the end of 2013, Vanguard's new fund will be actively managed.
Top managers continue to find new opportunities, while taking full advantage of a rising stock market to book some gains.