Money Management Executive Latest News

With increased competition in the asset management industry, fund companies are stepping up their efforts to retain key employees.

Mary Anne Wiley left her position as managing director and head of iShares Canada, the exchange- traded funds unit of BlackRock Inc., as competitors encroach on the company’s leading market share.

Designing the most appropriate share class can be an underestimated component of a mutual fund manager's sales and marketing strategy.

Investors’ appetite for U.S. equity exchange-traded funds has weakened to levels not seen in four years as demand for safety drove more money to fixed income.

BlackRock Inc., the world’s biggest money manager, and Pacific Investment Management Co. are among investors that sued banks including Citigroup Inc. and Deutsche Bank AG over their roles as mortgage-bond trustees.

Regulators seeking to curb systemic risk are starting to follow BlackRock Inc.’s suggestion to focus on products instead of asset managers, according to Laurence D. Fink, chief executive officer of the world’s biggest money manager.

Asset managers are feeling unprepared for future challenges despite already making strides to improve fund oversight, according to a survey of North American asset managers.

Editor's View: Marketing, Distribution Can Only Go So Far

Pushback by the Securities and Exchange Commission is complicating a regulatory effort to investigate whether large asset managers should be labeled "systemically risky."

Database platforms are providing a major assist to asset managers looking to better organize their marketing and distribution strategies.