- Money Management Executive
After the recent events at Japan-based Livedoor Co., Japanese investors have been avoiding equities, according to Dow Jones. Equity fund shareholders took more money out of Japan than they put in, overturning a bullish trend.
February 2 - Money Management Executive
Hedge fund managers are forecasting that their compliance costs will increase even more this year, according to the Financial Times.
February 2 - Money Management Executive
Massachusetts Mutual Life Insurance is putting pressure on its Babson Capital Management subsidiary to sell its wealth management unit, bundling its large-cap growth mutual funds into the package, the Boston Business Journal reports.
February 1 - Money Management Executive
The Scudder Funds' investment advisor, Deutsche Investment Management Americas, is asking shareholders to approve a host of changes among the funds, most notably renaming the funds DWS Funds, The Wall Street Journal reports, citing SEC filings. DWS is the brand Deutsche uses for its funds in Europe.
February 1 - Money Management Executive
Regulation of the securities industry is a never-ending story, and Securities and Exchange Commission's Chairman Christopher Cox is like the energizer bunny. He keeps 'going and going and going,' according to an interview that Investment Company Institute President Paul Schott Stevens had with sister publication Securities Industry News.
February 1 - Money Management Executive
What mutual fund investors say they expect from fund managers and how those managers invest aren't always in synch, according to a report released by Ceres, an environmentally minded coalition of financial and public interest groups.
February 1 - Money Management Executive
The deadline for hedge funds to register with the Securities and Exchange Commission is today, and while some investment advisors plan to skirt the rule through loopholes, others think it might be just the sort of public relations ploy they've needed.
February 1 - Money Management Executive
Securities and Exchange Commission Chairman Christopher Cox was scheduled to undergo surgery to remove a benign tumor of the thymus yesterday. He is expected to be hospitalized just a few days and to make a full recovery.
January 31 - Money Management Executive
Deutsche Bank Asset Management, the asset management unit of German banking colossus Deutsche Bank AG, has submitted proxy statements to the Security and Exchange Commission that outline the measures it plans to take in seeking a settlement with the regulator.
January 31 - Money Management Executive
Starting in May, Merrill Lynch will market its mutual funds under the name Princeton Portfolio Research & Management. The company hopes the name change will appeal more to third party advisers, who were turned off by selling products named after their competitor.
January 31