Money Management Executive Latest News

SEC Enforcement Chief Glozter Joins Bridgewater

WASHINGTON-Financial advisers seek service above all else when it comes to picking separately managed account products for their platforms, according to panelists at the Money Management Institute's 10th Annual Conference here earlier this month.

NEW YORK-Future generations are going to be saddled with tremendous college debt if the financial industry doesn't do a better job of talking to families about the importance of saving for their children's higher education, according to panelists at an AllianceBernstein Investments event here last week, "Perspectives on College Savings."

By Brian Bono, CFA, Senior Investment Analyst, Brinker Capital, and Noreen Beaman, CPA, EVP, Strategic Planning, Brinker Capital

Of the nation’s 100 largest companies, only 31 offer traditional pension plans, according to a study by Watson Wyatt Worldwide, the Associated Press reports. In 2005, 35 of the 100 largest companies offered pension plans. In 1985, 89 did.

Valuations of stocks in China are now exceeding earnings prospects and the market there is heading for a correction, Bloomberg reports, citing a report from Goldman Sachs. In fact, among the world’s major markets, China’s stocks are the most expensive.

As the $144.5 billion playing field for target-date funds continues to get more and more crowded, the funds are diversifying their holdings to distinguish themselves, The Wall Street Journal reports.

Morningstar columnist Paul Herbert recently sounded a warning to investors against selecting a bond exchange-traded fund over a plain-vanilla bond fund.

With $431 billion in equity and bond index funds, competition has heated up and to attract investors, companies have brought fees down. And those weakened margins are causing some firms to turn to new indexes that they can price higher: enhanced index funds.

The Securities and Exchange Commission is putting the finishing touches on a rule that would allow fund companies to submit forms to it containing tags on funds’ risk and return information, SEC Chairman told attendees at the Investment Company Institute’s 49th Annual General Membership Meeting Thursday.