Money Management Executive Latest News

Donald Nicolaisen, the chief accountant at the Securities and Exchange Commission, will leave the regulator at the end of October to pursue an opportunity in the private sector.

The states of Louisiana, Mississippi and Alabama may not be known as the center of the mutual fund universe. But when a devastatingly powerful Hurricane Katrina began bearing down on New Orleans and several other Gulfport cities two weeks ago, at least two mutual fund advisors knew it was time to high tail it to higher ground.

At a time when even hedge fund managers are settling in for a prolonged period of sporadic, unpredictable growth, Kristin Ceva, senior vice president and director of emerging markets fixed income strategies at Payden & Rygel remains a maverick.

Fidelity Investments has grown quite comfortable at the top of the mutual fund industry, but the Boston firm always sees room for improvement and most recently set its sights on growing its institutional business.

It seems mutual fund shareholders weren't the only ones TIAA-CREF was taking great pains to explain its proposed, but now-defeated, mutual fund advisory fee increases to. The firm had some serious explaining to do for the Investment Board of the Golden State ScholarShare College Savings Trust, the municipality that oversees California's 529 college savings plan.

As the nation's money managers return from their summer respites, they're finding that Hurricane Katrina has left a host of questions marks within their portfolios.

TrimTabs Investment Adds Conrad Gann To New Asset Management Unit

The mutual fund industry has faced its share of challenges in the last decade.

When a 51-year-old mutual fund executive retires, industry observers are curious.

A recent report released by the hedge fund index provider Van Money Manager Research revealed that the Van Global Hedge Fund Index gained 0.7% net of fees last month.