Money Management Executive Latest News

Finding a tax-efficient mutual fund is as simple as looking for one with low turnover, right?

Enterprise Group of Funds of Atlanta is offering three broker/dealer affiliates a bigger payday for selling certain shares of its mutual funds. Although "reallowance," or full-commission payouts, are a common practice, some financial planners question whether or not they're ethical.

Changes to Illinois tax law may make the state's 529 college savings plan more attractive to Illinois residents, but they could also inspire other states to try to get residents to favor their in-state 529 plans. If that happens, fund companies that have established a 529 footprint in one state may have to scramble to form alliances with multiple states to get them into their plan.

Craig Callahan thinks he has something that investors want: a little peace of mind.

Lie detectors. That is what Putnam Investments of Boston has brought in to combat fraudulent corporate activity after Enron, WorldCom and all the rest of the accounting scandals. Human lie detectors.

In the wake of recent corporate scandals involving Wall Street analysts, more fund managers may begin using their own in-house research to pick stocks.

The mutual fund industry is balking at a proposed new Securities and Exchange Commission rule that would require top executives to personally sign off on each of their funds' annual and semi-annual reports.

Cost-basis accounting and tax-losses selling just became a whole lot less burdensome.

Most 401(k) investors took a hands-off approach to their retirement plans last year, declining to make trades or adequately diversify their assets.

What a difference a calculator makes. Hard numbers may be the only thing that can wake up Baby Boomers from their unrealistic retirement dreams, a new survey shows.