Money Management Executive Latest News

Industry experts say the recent push for increased transparency and disclosure in funds may actually have to opposite result, with investors receiving less or vague information in their shareholders letters, Reuters reports.

Now that the bear market has taken its toll on all Americans, including the wealthy, those with deeper pockets than most are looking to take a pragmatic approach to recovering losses and building for the future.

Integrity Mutual Funds said it has agreed to acquire the management rights to the Maine and New Hampshire Tax Save Bond Funds from the Forum Financial Group of Portland, Maine.

The popularity of junk bonds in the U.S. is as high as it has been since the high flying days of the 1990s, according to a recent Financial Times report.

Battered mutual fund giant Janus Capital Group said in a filing with the Securities and Exchange Commission Monday that it has reopened its Janus Overseas fund.

SG Corporate and Investment Banking said it has signed a purchase agreement to buy proprietary technology from Constellation Financial Management and the assets of FEP Holdings, the company said. A new company called SG Constellation LLC will be formed, taking certain employees from Constellation.

While one of the most vehement arguments against index annuities is the high commission charged, the rates are coming down dramatically.

Lockwood Woos Advisers With Menu Beyond SMAs

Freddie Mac continues to be put through the wringer after a high-profile accounting scandal forced the company to restate earnings for the last three years and led to the ousting of three top-level executives.

While customization remains one of the key selling points for increasingly popular separately managed accounts, the usage of this feature remains low due to technology issues, complacency of certain providers and level of investor need.