Money Management Executive Latest News

Going forward, there will be more providers, more users, and more penetration by ETFs in the global market for investment products.

Strong stock markets and the improving economy, along with new alternative investment products and the continuing appeal of ETFs, are boosting prospects for the sector.

Valuation, Intermediary Oversight to Gain Focus

Will Vanguard's Active ETF Push Succeed?

Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., cut holdings of Treasuries and U.S. government debt in February as turmoil in Ukraine fueled haven demand and investors bet the Federal Reserve will conclude bond purchases this year.

The Standard & Poor’s 500 Index fell, erasing a gain for the year, while Treasuries and the yen advanced on demand for haven assets as tension persisted in Ukraine. Copper declined as data from China missed estimates and gold reversed losses.

The iShares MSCI Emerging Markets Index dropped to a month low on concern the crisis in Ukraine will escalate before Crimea’s residents vote in a separatist poll. Russia’s Micex Index tumbled to the lowest since 2010.

Bill Gross’s Pacific Investment Management Co. was the only provider among the top 10 U.S. mutual-fund families to suffer net withdrawals last month, according to a report from Morningstar Inc.

In the cruel irony department comes the saga of Jill Wile, a former manager in the southeast regional office of the Financial Industry Regulatory Authority, the self-policing group for brokerages.

Investors who beat a path out of global equity markets earlier this year are stampeding back in.