Money Management Executive Latest News

Rydex Investments has introduced four new leveraged mutual funds, the Rydex Inverse Dynamic Russell 2000, the Rydex S&P 500, the Rydex Russell 2000 and the Rydex Dynamic Russell 2000 funds.

The super rich are getting some super treatment from brokerage firms, perhaps at the expense of the plain old wealthy, according to The Wall Street Journal.

Large-caps may be strong right now, but investors in for the long haul should consider staying small, according to a study from the Schwab Center for Investment Research, Dow Jones reports.

Henderson Global Investors, a London asset manager, has just announced it has agreed to outsource its middle- and back-office hedge fund services to JPMorgan Hedge Fund Services.

American Century Investments has launched three quantitative funds, two focused on large-cap companies and one multi-cap that will invest in companies of all sizes.

Motivated by the dozens of worker lawsuits against employers that have ensued since Enron collapsed, publicly traded plan sponsors are increasingly putting caps on how much employees can invest in company stock, The Wall Street Journal reports.

With emerging markets affected by growth in the U.S., fears that rising interest rates here will slow growth are pulling down markets among a number of developing countries, MarketWatch reports. Some experts believe rates could climb to 6.5% by the end of the year from their current 5%.

Equity mutual funds took in net flows of $26.38 billion in April, down 23% from the $34.36 billion they reaped the month before, according to data from the Investment Company Institute.

While large custody and clearing banks have traditionally focused on mutual funds and pension plans, they are beginning to eye the higher-margin prime brokerage business of hedge funds, Bloomberg reports.

ProFunds has filed registration statements with the Securities and Exchange Commission to offer three new leveraged exchange-traded funds, the first ETFs to apply this strategy, MarketWatch reports.