Money Management Executive Latest News

Manulife Financial, Canada’s largest insurer, posted earnings that met analysts’ expectations as gains in insurance and asset management were tempered by rising interest rates.

Industry conferences can be a great place to showcase your funds and engage advisors. They provide unparalleled opportunities for you to play with the big boys, setting up your booth alongside some of the most well-known brands in the industry.

In a world dominated by institutional investors, hedge funds and service industries, sentiment is as likely to drive prices as anything else, says former Salomon Brothers analyst Laszlo Birinyi.

Investors pulled $2.5 billion from Pimco's flagship fund in July, the 27th consecutive month of outflows from what used to be the world’s largest mutual fund.

Aberdeen Asset Management agreed to buy Arden Asset Management to expand its hedge-fund business.

The billions of dollars in new capital from mutual funds into startups are largely responsible for skyrocketing valuations, fewer initial public offerings and talk of a bubble.

Pimco said regulators are considering taking action against the firm over marking of securities in the exchange-traded fund version of its flagship Total Return Fund.

Asset management industry leaders say the reason for creating Luminex was because of the challenges in trading large blocks in existing stock markets.

In the past 12 months investors traded $18.2 trillion worth of ETF shares, according to data from the NYSE and Bloomberg. That means the amount of dollars exchanging hands through ETFs is now more than the U.S. GDP, which stands at $17.4 trillion.

'Shark Tank's' Kevin O'Leary assumed the starter role for his own venture into ETFs this month, partnering with FTSE Russell to launch the O'Shares FTSE US Quality Dividend ETF, the first in a series of five smart beta funds.