Money Management Executive Latest News

Norm Champ, a former SEC official who shaped rules meant to prevent runs on money-market mutual funds, is joining law firm Kirkland & Ellis.

Managers are lacking in everything from entitlements, to data control, to network defense and lastly, people do not understand their risk.

Regulators have placed greater emphasis on ensuring firms better understand and manage their own liquidity risk.

The bond market, which has seen a bit of a rally in the 10-year space due to demands associated with a flight to quality, will inevitably continue to see downward pressure

Rather than just one area of focus, funds and their boards are facing an increasingly active SEC in a number of significant areas.

The New York Stock Exchange may still be the king of ETFs among U.S. stock markets, but challengers to the throne are gaining ground.

When thinking about liquidity, the SEC wants fund companies to do more to ensure that investors can get their money out. In addition, mutual fund companies could be forced to implement swing pricing.

After corporate debt investors suffered through the worst-ever start to a year, some of Wall Street’s biggest money managers and strategists say it’s time to start buying.

Pricing will be a particular thorn in the side of asset managers, and fund boards will face an active SEC, a panel of industry experts gathered by Money Management Executive suggest.

Legg Mason broadened its alternative investments capabilities and also made a deal to expand its ETF business.