MFI People
ICI's Collins Replacing Reid
A press release entitled, "ICI's Sean Collins Promoted to Chief Economist" tells us, "The Investment Company Institute (ICI) announced today that Sean Collins will be promoted to serve as chief economist, effective January 1, 2018 ... following ... retirement of current ICI Chief Economist Brian Reid.... Collins will report to ICI President and CEO Paul Schott Stevens."
SEC Names Blass IM Director
A press release says, "The Securities and Exchange Commission today announced that Dalia Blass has been named Director of the agency's Division of Investment Management."
Wells Wants Sweep Product Manager
Wells Fargo Advisors is seeking a "Product Manager 3 for its Cash Sweep and Business and Account Strategy Team who will be responsible for "overall product management and strategic focus for the Cash Sweep Program."
StoneCastle Seeking Cash Sales
StoneCastle Cash Management, which distributes cash management products via a platform of FDIC-insured bank deposits, is "seeking an Institutional Cash Management Relationship Management professional. Click here for details.
TBS Hires Sarbinowski
Total Bank Solutions hired Joe Sarbinowski, who was previously with Deutsche Asset Management.
Reich & Tang Hires Three
Reich & Tang hired cash industry veterans David Carson, Stephen Brown, and Roger Maude.
A recent article entitled, "Profile: Keeping the peace," which appeared in "The Journal of the Chartered Institute for Securities & Investment," interviews Paul Schott Stevens, president and CEO of the Investment Company Institute. He "reflects on the many crises faced during his time working in the US financial services industry, and explains why an appropriate framework of regulation will be so important moving forward," says the piece.
Eric Thorderson Retires from Janus
Eric Thorderson retired as Portfolio Manager of Janus Government Money Market Fund and Janus Money Market Fund. Garrett Strum takes over as Portfolio Manager of both funds.
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