Money Management Executive Latest News

Principal Financial Group has designed a seminar series to aid individual investors to understand the ways in which they can increase their retirement savings, and at the same time still meet the demands of their current financial situation.

For the seventh time in a row, the average actively managed stock fund has topped the Standard & Poor's 500 index in 2005. However, experts urge investors not to abandon index funds just yet, according to USA Today.

Armstrong Shaw Associates has joined the group of advisers managing The Vanguard Group's Windsor II Fund.

Saving for school is a no-brainer, but choosing which 529 college savings plan is best puts parents to the test, according to The Wall Street Journal.

The Securities and Exchange Commission and the U.S. Chamber of Commerce are scheduled to face off today before a three-judge panel on the controversial independent chairman rule, with a decision likely within two to three months.

Lee Edelman, a former New York stockbroker, is being charged with insider trading after he allegedly purchased and profited from 12,000 shares of a Silicon Valley company based on information that his girlfriend, who was familiar with the subject, revealed regarding a pending deal.

Hedge funds utilizing strategies based on equities and macro-economic trends are expected to produce the highest returns in 2006, according to Investorsoffshore.com.

PricewaterhouseCoopers has agreed to settle a class-action lawsuit over the means by which it audited two collapsed Heartland Advisors mutual funds, the Associated Press reports. C. Oliver Burt III, the lawyer for the investors in the fund, disclosed that the settlement was for $8.25 million. Heartland earlier settled the case for $14 million and distributed the funds' remaining $30 million in assets to shareholders when the funds were liquidated.

Morningstar announced its 2005 Fund Managers of the Year on Wednesday, honoring the managers of four funds not just for their performance, but for demonstrating good governance by investing their own money in their funds, cutting fees and working to keep transaction costs and taxes low.

Parents with children under the age of 18 are slightly more concerned with college savings than retirement, a survey of 1,110 parents by Vanguard and Upromise Investments shows. Thirty-seven percent said saving for college was their No. 1 concern, and 34% said it was saving for retirement, the Associated Press reports. The third-ranked concern was saving for a house, car or other major purchase.