Money Management Executive Latest News

While many retail and institutional investors gravitate to high-performance, high-risk hedge funds and private equity, they also continue to pour money into the opposite end of the spectrum: low-cost exchange-traded funds, Reuters reports.

Employers' efforts in recent years to boost participation in their 401(k) plans appear to be making inroads, according to Hewitt Associates' annual report on investor behavior in defined contribution plans.

The Securities and Exchange Commission's examination staff will hold regional seminars this spring and summer for chief compliance officers. The sessions are part of the Commission's ongoing "CCOutreach" program.

Putnam Investments' mutual fund assets have fallen below $100 billion, the lowest they have been in more that ten years, according to The Financial Times.

Wells Fargo intends to continue shopping for more institutional trust deals, which should in turn drive its mutual fund business forward, a company executive told American Banker.

In the age-old tug-of-war between nature and nurture, when it comes to investing, nurture pulls considerable weight, according new research from the Charles Schwab Foundation.

Given the ever-increasing popularity of hedge funds among institutional and high-net-worth investors, Morningstar is considering applying its five-star rating to them and roll out hedge fund research by the end of the year, Chief Executive Officer Joe Mansueto told the Chicago Tribune. Already, Morningstar has qualitative information on 3,000 of the universe of 8,000 hedge funds in its database.

Cynthia Glassman, a Republican commissioner with the Securities and Exchange Commission, announced plans Monday to step down sometime after her term expires on June 5, as soon as the SEC finds her replacement.

With Andrew "Buddy" Donohue taking the helm as director of the Security and Exchange Commission's division of investment management yesterday, industry insiders have begun conjecturing as to what kind of leadership he will provide the mutual fund industry.

Short-term trading website tradingmarkets.com is hosting a trading contest, whereby 10 former Playboy Playmate centerfold models each assembled a virtual portfolio of five stocks in January, to see how they would do against the S&P 500 and universe of mutual fund managers, Business Week reports.