Money Management Executive Latest News

Ever since the SEC changed its rules to allow sponsors to offer actively managed exchange traded funds in 2007, this asset class has been putting down roots. It reached almost $15 billion in assets at the end of October, according to Morningstar. While this is only a small fraction of the total $1.64 trillion ETF market, these products now offer advisors some interesting opportunities not available through either mutual funds, stock purchases, alternative asset classes or traditional indexed ETFs.

Glenview Capital Management LLC Chief Executive Officer Larry Robbins gives his take on top hedge funds and his heavy emphasis on health-care stocks,

The biggest exchange-traded fund tracking the $3.7 trillion municipal-bond market sold this week at the highest premium to the value of its assets since May, an early sign that local debt may avoid a second year of losses.

Financial services firms' 2014 plans center on product lines, distribution capabilities and technology, according to a survey done by Cerulli Associates.

The contraction in the U.S. market for borrowing and lending securities amid rising interest rates and heightened global bank regulation will increase this year, according to Fitch Ratings.

A report by the U.S. Treasury's Office of Financial Research on asset managers and systemic risk is inaccurate and should not be relied on for policy decisions or regulatory action of any kind, says the Investment Company Institute's General Counsel Karrie McMillan and Chief Economist Brian Reid.

Certain securities salespeople are giving the brokerage industry a bad name by putting clients into manifestly unsuitable securities, namely leveraged and inversed ETFs, which are attracting wary and watchful eyes among U.S. regulators.

ETFs continue to attract a broad base of global investors as investors seek efficient, tailored access to varied investment exposures and look for diversified buy-and-hold investment products.

Rising Treasury yields and the biggest equity market rally in 16 years are leading one measure of stock valuations to the most bearish level since 2011.

Municipal bonds remain attractive even after their divergence from Treasuries this past week, industry watchers say, suggesting the recent signs of strength in the market may carry into the new year.