Money Management Executive Latest News

President Obama outlined a series of initiatives the federal government would take to help people boost their retirement savings, including allowing them to direct tax refunds, pay raises and unused vacation pay to their nest eggs.

Advisers Favor Tactical Allocation Over Traditional Equity Exposure

In the eight months since their launch in January, Putnam Investments' new family of absolute-return mutual funds has attracted more than $400 million in new investments and, according to the firm, is on track to top $1 billion by the end of the year.

We just published the results from kasina's 2009 Sales Compensation study. Compiling the data was a lengthy, arduous and enlightening process. As you would expect, data reveal that quantum changes have taken hold since our last Sales Comp study in 2007. More interesting to me than the data itself, though, is that only a minority of firms are making special and determined efforts to take care of their top salespeople.

Mutual fund advocates are rallying together in preparation for a key Supreme Court battle this fall that could drastically change the way fund companies structure their fees.

Standard & Poor's Equity Research Services has upgraded its open-end mutual fund research product for financial advisors and clients.

Total assets in money market mutual funds fell by $15.3 billion to $3.543 trillion during the week ending Sept. 9, largely driven by institutional accounts, the Investment Company Institute said.

Paul Myners, the U.K.’s financial services minister, told the nation’s hedge fund industry to stop opposing transparency reforms that the European Union has proposed through the Alternative Investment Fund Managers directive.

These firms topped the list of the best variable-annuity websites for advisors in a new survey by kasina.

Long-term mutual funds enjoyed $8.45 billion of inflows in the week ended Sept. 2, the Investment Company Institute said. It was the 25th straight week of inflows, bringing the total net sales to $259 billion.