Money Management Executive Latest News

NYSE has hired Vanguard veteran Doug Yones to oversee exchange-traded products.

DST was presented with the Innovation in Back Office Efficiencies Award at the 2015 NOVA Awards for improvements made in fund operations that demonstrate the firm's efficient use of technology, back office personnel and third party providers.

In a year where ETF launches are running toward an annual record, funds that employ leverage have almost quadrupled.

MFS Investment Management Senior Vice President and Global Advisor Maureen Leary-Jago received the visionary leadership award for her contributions to the firm, clients and industry, as well as her work toward giving back to the community.

Some of the biggest computerized-trading firms are facing obstacles as they try to move into interest-rate swaps.

Paul O'Neil received the lifetime achievement award this year for his deep career in the mutual fund industry as well as for his nearly four decades of work with NICSA.

The First Trust Dorsey Wright Focus 5 ETF has accumulated $4.2 billion in assets in a little more than a year and a half, despite having a fee that is far higher than even the asset-weighted average mutual fund fee of 0.66 %.

Industry executives and innovative firms will be recognized for their contributions to the asset management industry at the 13th annual NICSA/NOVA Awards on Oct. 29 in Boston.

Municipal bond sales in the U.S. are set to decrease in the next month while the amount of redemptions and maturing debt rises.

Three years ago, Massachusetts-based RIA First National added an asset management unit to its $375 million wealth management business with a little more than $1 million in out-of-pocket assets to get the firm's tactical ETF strategy off the ground.