Money Management Executive Latest News

Mutual funds are still at risk from market timing despite regulation to stop it, according to three-quarters of the funds' chief compliance officers, Financial Times reports.

Munder Capital Management has been appointed to manage the $100 million Amerindo Technology D Fund, whose previous managers were jailed on charges they misappropriated a client's funds, Munder Capital said in a regulatory filing on Monday.

Gay Huey Evans, a high-level regulator for the United Kingdom Financial Services Authority (FSA), is announced to become a president of a European arm of a Citigroup-owned hedge fund, Tribeca Global Management LLC, The Wall Street Journal reports.

Wall Street heavyweight John Mack is set to join Westport, Conn.-based Pequot Capital Management as chairman, The Wall Street Journal reports

Just when the divide that exists between Republicans and Democrats over Social Security reform couldn't possibly grow any wider, President Bush and former presidential candidate Howard Dean seem to have pushed two sides even further apart.

"Vilar Spends Weekend Behind Bars" is one of this morning's headlines about the ongoing theme of regulators clamping down on white-collar crime3/4in The Wall Street Journal, no less.

"Vilar Spends Weekend Behind Bars" is one of this morning's headlines about the ongoing theme of regulators clamping down on white-collar crime3/4in The Wall Street Journal, no less.

The Securities and Exchange Commission has settled fraud charges against two Citigroup subsidiaries, related to the use of an affiliated transfer agent that had been serving the Smith Barney mutual funds.

The former chief executive of Waddell & Reed will leave the mutual fund firm with more than $14 million in stock, cash and benefits, a Kansas City Star report reveals through documents it obtained from a Securities and Exchange Commission filing.

NEW YORK - Ted Sihpol's future hangs in the balance.