Money Management Executive Latest News

J.P. Morgan/American Century Retirement Plan Services and Towers Perrin have formed a strategic alliance to offer an array of retirement services, the companies announced this week.

Online investment advice provider mPower has hired Andrew Huddart as its new CEO, the company said. He replaces Steve Deschenes, who resigned this year. Huddart took control of the firm earlier this month.

Investment advisers fail to reap the economic benefits of the Internet when dealing with their clients, according to a new report from Gomez.

Delaware Investments announced today the launch of the Delaware Small Cap Growth Fund, making it the second new fund Delaware has launched since the Sept. 11 terrorist attacks.

Money market fund assets increased $28 billion during the week ending Wednesday, Oct. 10, the Investment Company Institute reported. That brought total money market fund assets to $2.3 trillion, the highest level ever, according to the Institute.

Fred Alger Management Senior Analyst Rejoins Firm:Teresa McRoberts Will Lead Health Care Sector

Mutual fund assets domiciled in Dublin continued to climb this year, spurred upward by a European market that is less saturated than that of the U.S. and seen as ripe with opportunity.

ALPS Mutual Fund Services, a third-party vendor of administration, distribution, fund accounting and transfer agency services, has promoted Sean McLean to VP of fund accounting.

Credit Suisse Asset Management has filed a proxy with the SEC to close its CS Warburg Pincus Long-Short Market Neutral Fund. While the firm filed the proxy just recently, the liquidation comes as no surprise, because the firm decided this summer to reassess its fund offerings.

Roye Outlines Adviser Regulation:SEC Official Calls IARD a Success