Money Management Executive Latest News

Large-cap and mid-cap value strategies outpaced separately managed accounts during the first quarter of 2005, according to newly released data from the Money Management Institute, Financial Research Corp. and Dover Financial Research.

Fidelity Investments has launched a pair of variable annuity products that the Boston-based fund giant characterizes as affordable and easy to understand.

Many U.S. mutual fund managers are already bristling over the new Securities and Exchange Commission rule that demands that they disclose whether they invest in the funds they manage, so it's probably safe to assume that they're none too pleased that their European peers aren't subject to the same scrutiny.

Three key employees have purchased ownership of Winslow Management Co. from Adams Harkness, an investment-banking firm, for an undisclosed sum.

Putnam Investments, PanAgora Asset Management and Integra Capital Management Corp. have united on a joint venture known as Putnam PanAgora Integra Canada (PPI Canada).

New York Attorney General Eliot Spitzer, in a repeat of his 2004 rule, plans to force some mutual fund firms to cut fees to obtain compensation for alleged past overcharging, according BusinessWeek.

A new job index from Diversified Management Resources, a Boston-based human resources consulting firm, shows that total count of mutual fund industry job postings online was flat for the month of August.

U.S. market regulators scored a victory when a court dismissed a lawsuit that tried to challenge the Securities and Exchange Commission over its stance on the pricing of mutual fund shares, according to a recent report from Reuters.

Investors shouldn't get their noses out of joint if mutual fund managers tell them to "get lost."

Spectrem Group's Affluent Investor Index fell 6 points in August to a reading of negative one on surging concern about higher oil and gas prices.