Money Management Executive Latest News

Recently, the National Bureau of Economic Research issued a report debunking the theory that as the 77 million Baby Boomers begin to turn 65 in 2011 and cash out of their stock and bond holdings, the markets will spiral into a bear market. The bureau's argument is that 401(k) assets currently represent only a small fraction of people's retirement portfolios, and as 401(k)s continue to grow markedly in coming years, the influx of new investments will buoy the markets.

Many twenty-somethings are more focused on obtaining a higher-paying, fulfilling career than they are on saving for retirement, The Wall Street Journal reports. They’re ignoring the mutual fund industry’s exhortations to start saving early, to take advantage of the power of compounding.

White-hot mutual funds always reach the end of the road, and this could be true for emerging market funds, Investor’s Business Daily reports. Even investors’ interest in these funds is beginning to dissipate.

Canadian hedge fund managers are posting strong returns, according to The Globe and Mail.

The soon to be combined enforcement divisions of the NASD and the New York Stock Exchange nixed its new name, which would have been Securities Industry Regulatory Authority, or SIRA, and changed it to Financial Industry Regulatory Authority, or FINRA, according to The Wall Street Journal.

Mutual funds that invest in subprime mortgages are not concerned about ongoing woes in the market, according to The Wall Street Journal.

The Certified Financial Planner Board of Standards has raised the ethical standard guidelines for the 55,000 planners in the nation with CFP credentials, in order for investors to get better help in selecting among increasingly complex financial choices.

CAMBRIDGE, Mass.-Alice Smith is a Power Boomer. A 53-year-old Medicare specialist with a graduate degree, Smith has amassed a stash of cash for retirement, and has a husband with his own account.

CAMBRIDGE, Mass.-Until now, plan providers have been slow to roll out Heath Savings Accounts (HSAs), perhaps because of murky rules, low maximum contribution levels and a seemingly limited business opportunity.

Increased disclosure and transparency of hedge funds, and investors who have pension funds invested in them, were at the forefront of a House Financial Services Committee hearing last week on whether hedge funds pose a systemic risk to the market.