Money Management Executive Latest News

A poll of 86,000 certified financial analysts by the CFA Institute has found that Charles "Ed" Haldeman, CEO of Putnam Investments, is one of three executives they believe to be the most influential in the investment management industry. The two other CEOs named are Jean-Pierre Mittaz of UBS Global Asset Management and Mohammad Shoaib of Al Meezan Investment Management.

Franklin Templeton Selects Two New Wholesalers

American Century Investments launched three load funds last week. Two funds, the Short Duration Bond Fund and the Core Plus Bond Fund, will be managed by American Century’s fixed income investment team, while a separate international equity fund will be managed by its quantitative equity group.

As the dollar continues to decline in value against foreign currencies, mutual fund investors in some international socks and bond fund investments have more than doubled their returns, according to The Wall Street Journal.

Janus Capital has launched an International Equity Fund that seeks long-term growth of capital by investing in non-U.S. companies.

Women who have a financial adviser are 62% more apt to participate in financial decisions and are more informed about their finances versus 47% without an advisor, according to a study by Securian Financial Group and Opinion Research Corporation.

Global assets controlled by hedge funds have reached $2 trillion, an increase of about 18% since April, according to Dow Jones International.

Investors are likely to rejoice at the estimated $200 billion in capital gains distributions this year—until they get their tax bill, Business Week reports.

U.S. Bank Institutional Trust & Custody has entered into a definitive agreement to sell its 401(k) business to Great-West Life & Annuity. The unit has only 195,000 participants, and to be profitable, a defined contribution business needs at least two million participants, the bank said.

A new website launched Thursday that details mutual funds’ stock holdings. MFFAIS.com, which stands for Mutual Fund Facts About Individual Stocks, gleans the information from Securities and Exchange filings and posts them instantly.