Money Management Executive Latest News

Because managers of mutual funds and corporate executives who attended the same university frequently run in the same social circles or maintain their friendships well past graduation, the corporate executives tend to share key information about their firms with the portfolio managers, a new study found.

BOSTON-Retirement isn't always Adirondack chairs and seaside views, even for employees who do participate in company-sponsored defined contribution plans. Not even auto enrollment at 6% with a full company match can solve the retirement crisis.

The question may not be how independent mutual fund boards should be, but whether investors would be better off without fund boards altogether.

Mutual fund analysts may have set their hopes too high for the first quarter of 2007, as company earnings didn't reach the levels they had hoped, experts said during Lipper's first quarter fund performance review and outlook webcast last week.

With the stratospheric salaries that hedge fund managers are earning these days, there may be more to mutual fund managers' interest in employing hedge fund strategies than performance. Sure, they claim they're turning to riskier tactics to deliver better returns and distinguish themselves from the competition. In fact, many experts believe that mutual funds' use of hedge fund strategies is a growing trend and that the lines between institutional and retail investment strategies will blur.

Petko to Head Fund Sales For Transamerica Capital

Despite the warnings and the realization that many Americans know they need to save for retirement, 34% of workers are not doing anything about it, according to the 17th annual "Retirement Confidence Survey" by the Employee Benefit Research Institute of Washington.

The Mutual Fund Store of Overland Park, Kan., the fast-growing independent fee-based financial planning franchised business, is taking a page from successful tax office franchisor H&R Block's playbook-literally.

SEC May Require Funds to Disclose Fees in Dollars

Real estate’s hot run may be over in the U.S., due to sub-prime lending woes and a fully priced commercial sector, but overseas, the sector sees a different picture, according to BusinessWeek.