- Money Management Executive
Plan sponsors try to educate defined contribution plan participants about retirement, but the standard methods are not necessarily very effective at changing participant behavior. However, personalized programs yield dramatically different results, according to "The Evolution of Participant Communication: The Value of Personalization.," a report on the results of a study by Fidelity Investments.
October 28 - Money Management Executive
The Ontario Securities Commission is talking to four prominent Canadian fund companies about settling possible market-timing violations, The Globe & Mail reports.
October 28 - Money Management Executive
A 15.24% gain made Asia ex-Japan mutual funds the top-performing geographic sector funds for the third quarter of 2004, according to research from Lipper. Funds focused on Japan, however, sank.
October 28 - Money Management Executive
Mutual fund firms are taking steps to honor the Securities and Exchange Commissions pending rule that will make it illegal to use commission money to pay brokerage firms for promoting their funds, Dow Jones Newswires reports.
October 28 - Money Management Executive
Franklin Templeton Investments filed "false and misleading statements" with the Securities and Exchange Commission by not admitting to wrongdoing in settling its mutual fund case, Massachusetts Secretary of the Commonwealth William Galvin has charged.
October 27 - Money Management Executive
Mutual fund manager Aquila Investment Management has named Diana Herrmann has its new chief executive officer.
October 27 - Money Management Executive
Its official. In a highly anticipated move, the Securities and Exchange Commission on Tuesday voted 3-2 in favor of requiring hedge fund managers to register as investment advisors with the agency.
October 27 - Money Management Executive
Mutual fund research giant Lipper said Tuesday that it had purchased a rival, London-based Fitzrovia International, for an undisclosed amount of money.
October 27 - Money Management Executive
Jeffrey Greenberg, who had run insurance giant Marsh & McLennan since 1999, resigned Monday, less than two weeks after his firm was charged with bid-rigging.
October 27 - Money Management Executive
For its one-year-old Chinese mutual fund venture, ABN AMRO has set its sights on tripling its assets by the end of next year, an executive said Monday.
October 26