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Jack Bogle is in demand. Senators want his opinion. The best legal minds in the industry, including ICI Chairman Paul Haaga, are sparring with him (see mutual fund summit story, page one).
February 2 - Money Management Executive
The editors of Money Management Executive are forming an editorial board comprised of some of the leaders in the mutual fund, separately managed account, 401(k), 529 and alternative investment industries to help guide the publication. Or, to put it more colloquially, to give us a reality check to ensure we are covering all of the top notes and high points in the retail asset management business.
February 2 - Money Management Executive
The true cost of owning a mutual fund is like a submerged iceberg - investors only see the portion of the costs that are visible to them and not what is hidden beneath the surface.
February 2 - Money Management Executive
Putnam Investments last Tuesday announced a host of initiatives to improve fund transparency and lower costs - which some reports estimate will reduce fees by some $35 million.
February 2 -
NEW YORK -- Emphasizing the increased role of state attorney generals in criminal enforcement, Eliot Spitzer distinguished between recent financial services industry scandals to a packed criminal justice section of the New York State Bar Association lawyers last Thursday.
February 2 -
The million-dollar question of how much Putnam Investments paid to the SEC and other regulators in its settlement was answered last week - and it turned out to be a $24 million question.
February 2 - Money Management Executive
Bank of America announced in an internal memo recently that Keith Winn, the president of Bank of America Capital Management, has been named the investment product development and management executive for the organization expected to emerge from the BoA-Fleet Boston merger (see MME 11/3/03).
February 2 -
Morningstar has announced plans to create a global hedge fund and private partnership database.
February 2 -
WASHINGTON- Excessive fees and inadequate disclosure represent far more serious threats to mutual fund shareholders than the trading abuses uncovered in recent months and will require more stringent legislation to remedy them. And it's time to take the bull by the horns.
February 2 - Money Management Executive
The SEC-type regulator in Great Britain will publicly announce whether its mutual fund companies partook in U.S.-style market timing, Dow Jones Newswires reports.
January 30