Portfolio

Kenyon Switches From Goodwin to Dechert

In a move that could change the way brokers and advisers sell mutual funds, the Securities and Exchange Commission has released a new report examining public and industry perspectives on investment advisors and broker/dealers.

Two lawsuits and two FINRA arbitration claims filed against the executives, directors, chief compliance officer, portfolio managers and independent auditor of three open-end funds and four closed-end funds managed by an affiliate of Memphis, Tenn., broker/dealer Morgan Keegan & Co., may be the tip of the subprime iceberg for the mutual fund industry.

Mutual fund assets reached $13 trillion in 2007, reaping $1.8 billion over the year, according to Strategic Insight.

Some financial pros say there is a possibility of a panic in the markets as the ongoing selling blitz hammers many sectors of the market.

Japan Looks to Overhaul Financial Regulations

Gemini Fund Services Foresees Clients' Twin Needs: New Solutions, Distribution

If space is the place for your managed fund investment dollars, one new tool, the web-based Space Foundation Index, may offer an intriguing perspective on the sector.

Seeing how the biggest story of 2007 was the subprime crisis, which only a few canny hedge fund managers foresaw, let's take a look ahead to potential news headlines for 2008. Who knows, we might even be as canny as the best of them.

Asset management firms are missing out-big time-on the benefits of Web 2.0 tools, such as blogs, wikis, mashups and social networking sites, by waiting for other firms to take the first step, kasina maintains.