Money Management Executive Latest News

Despite common belief, Diego Marynberg, the manager of a Latin American fund with the best performance this year, believes that there is investment opportunity in Venezuela, according to Bloomberg News.

Vanguard has launched a new Vanguard Strategic Small-Cap Equity Fund, and has announced that the subscription period for the fund began yesterday.

Website http://www.personalfund.com offers a calculator that can tell investors how much they are paying in total fund expenses--inclusive of turnover costs and a fund's internal capital gains taxes--and it can even calculate how much of the fund's expenses will cut out of their future gains.

Andy Williams, a Merrill Lynch regional manager who has been with the firm for 24 years, has been accused of participating in a scandal involving questionable trading in mutual funds, and has been removed from his position in Northern New Jersey, according to a Dow Jones report.

The taxman is expected to dig deeper into the pockets of mutual fund investors in the coming years, according to new data from Lipper of New York, a development that's sure spur interest in tax-deferred savings vehicles.

To give investors more options for their investments, North Carolina's 529 college savings plan has partnered with The Vanguard Group and Upromise Investments, according to The News & Observer.

Starting May 1, Barclays Global Investors plans to cut fees on certain exchange-traded funds, according to a Dow Jones report.

Because of the fact that corporate and public pension plans have begun to place their money into hedge funds, these loosely regulated investment pools have become a little less risky, a Treasury Department official said, Reuters reports.

Vanguard announced Monday a new one-stop shop for financial planning, which will be free to existing clients with $250,000 or more and to those who bring $100,000 of new assets to the Valley Forge-based company.

The nation's insurance industry would rather that the Securities and Exchange Commission did not adopt amendments to the redemption fee rule that the regulator proposed in February.