Money Management Executive Latest News

Treasuries rallied and Standard & Poor’s 500 Index futures rose after U.S. payrolls climbed less than forecast in December, easing concerns that stimulus cuts would accelerate. Commodities rebounded from an eight-month low as China’s imports grew.

New York Attorney General Eric Schneiderman said the probe that led to his settlement with BlackRock Inc. over analyst surveys is looking at brokerage firms and individuals who provided nonpublic information that could have been used to trade.

U.S. stocks fluctuated as investors scrutinized data showing a slowdown in jobs growth for clues on the pace of Federal Reserve stimulus cuts.

Emerging-market stocks rose for the first time this year after the International Monetary Fund said it will raise its forecast for world growth.

China’s stocks rose, led by energy companies after Offshore Oil Engineering Co. reported a jump in profit. A gauge of small-company shares headed for a record.

Pacific Investment Management Co.’s Bill Gross said investors should focus on shorter-maturity debt as the slow pace of U.S. inflation signals the Federal Reserve’s benchmark rate will remain at almost zero until at least 2016.

State Street Corp., the second- biggest provider of exchange-traded funds, plans to introduce its first actively managed stock ETFs in partnership with MFS Investment Management.

It has been quite the ride for gold: from under $500 an ounce decade ago, to above $1,900 in 2011, gold gained more than 400%.

Treasuries fell for the first time in three days before the U.S. sells $21 billion of 10-year notes and as signs the economic recovery is gathering pace spurred bets the Federal Reserve will keep reducing debt purchases.

The Public Investment Corp., the largest shareholder in Adcock Ingram Holdings Ltd., said it increased its stake to 22% in the hope that new management rather than a proposed change of ownership will increase the value of the South African drugmaker.