Money Management Executive Latest News

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.

McColgan's Next Act: Head of Morgan Wealth

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.

The Department of Labor's proposed rules on 401(k) disclosure are insufficient, claim critics who say the disclosure isn't to the right people.

Goldman Sachs has debuted its second of several planned exchange-traded notes (ETN), the Claymore CEF Index-Linked GS Connect. The new ETN began trading on the NYSE Arca on Dec. 10.

Nuveen Investment Inc.’s Limited-Term Municipal Bond Fund has outperformed a benchmark index for 2007, bucking the downward trend of most municipal bonds in 2007, according to the Wall Street Journal.

Despite the damage done by the subprime meltdown and credit crisis, most U.S. stock and bond funds were able to post positive returns, according to the San Francisco Chronicle.

China ’s mutual fund industry saw tremendous growth in 2007 as investors strove to take advantage of the soaring stock market, according to China Securities Journal.