Money Management Executive Latest News

Leading mutual fund managers are tempering their investments in volatile emerging markets by monitoring political and economic developments on a daily basis.

Exchange-traded funds are making their way into more 401(k) retirement plans, according to The Wall Street Journal.

Socially responsible funds, or SRIs, are becoming more mainstream, according to a recent report from The Lexington Herald.

Capital Group, a $1 trillion money manager, wants a judge to designate its records off limits in a divorce case involving Timothy Armour, and his wife, Nina Ritter, The Associated Press reported.

The American Stock Exchange said yesterday that it filed with the Securities and Exchange its plans for a hybrid structure that would combine electronic and floor-based trading.

To beat a market that appears to have finally succumb to pressures from the hurricanes, Fed rate increases and penny-pinching consumers, many mutual fund managers are running for cover in more stable sectors of the stock market.

It is a common practice for investors to look back and see how a fund was doing in the past, before they decide to buy its shares. But since the gloomy days of the bear marker are behind us, many investors have nothing but good things to see, The Wall Street Journal reports.

Standard and Poor's has found that 55.8% of actively managed large-cap funds have outperformed the S&P 500 through the first nine months of this year. But mid- and small-cap funds have not fared so well, with only 27.9% of mid-cap funds besting the S&P MidCap 400 index and 27.7% of small-cap funds trouncing the S&P SmallCap 600.

Deutsche Bank is accelerating its bid to become a bigger player on Wall Street by placing more emphasis on its asset management and wealth management divisions.

DePauw University is suing the New York-based firm Hennessee Group for $3.25 million for allegedly providing ill advice that DePauw should invest in Bayou Management, which has recently pled guilty to fraud charges in the Federal Court in White Plains, BusinessWeek Online reports.