Money Management Executive Latest News

Many non-EU fund managers still view the impacts of the Alternative Investment Fund Managers Directive on their business with suspicion.

Janus Capital Group saw more than $1 billion of estimated net deposits into two bond mutual funds in October after hiring star bond manager Bill Gross.

Changes in the industry confront asset managers on several fronts. Michael Rawson, an analyst covering passive strategies on Morningstar's manager research team, shares his expectations on the outcomes these industry shifts will bring.

In the wake of Bill Gross's abrupt departure from Pimco, fund competitor BlackRock's promotion of its scale, distribution and product performance has helped it capture more business.

The rise of fund supermarkets poses a tough balancing act for asset managers.

While the industry has long been talking about the convergence of alternatives and mutual funds, the growth of liquid alternatives did not pick up steam until the past few years.

As clients have become better informed and sophisticated, so too has the asset management industry, with more demanding gatekeepers, a flood of products, competition and tougher regulation forcing firms to demonstrate value and innovate, industry heads say.

The Pimco Total Return Fund suffered an estimated $27.5 billion of withdrawals in its first full month after the Sept. 26 departure of Bill Gross, its worst month ever for redemptions.

Financial services professionals employed by mutual fund and ETF companies must be aware of the opportunities and potential pitfalls of the Internet. Now that anyone can be a critic or a fan online, all employees should be expected to help the company guard its brand and cautioned to protect their personal reputations on the Internet as well.

New research shows that asset managers are increasing their sales forces and wholesaler compensation to keep pace with increased advisor demand.