Money Management Executive Latest News

U.S. stocks were little changed, after the Standard & Poor’s 500 Index reached an all-time high last week and headed toward its biggest annual gain since 1997.

Five years after the equity bull market started, U.S. investors returned to stocks in 2013, just in time for the best relative returns versus bonds on record.

Scandals surrounding the setting of some of the world’s most important financial benchmarks, which influence the prices people pay for everything from oil to mortgages, have shaken confidence in vital markets.

Hedge funds got less bullish on gold for the seventh time in eight weeks as the U.S. economy strengthens and inflation fails to accelerate, driving prices to the biggest annual drop in more than three decades.

Crocs Inc. Chief Executive Officer John McCarvel will retire and Blackstone Group LP will invest $200 million in convertible preferred stock as the maker of colorful plastic clogs struggles to regain lost popularity.

U.S. stock-index futures were little changed, after the Standard & Poor’s 500 Index advanced for a second week, heading toward its biggest annual gain since 1997.

Emerging-market stocks advanced, led by the biggest rally in Turkey’s benchmark index in more than three months, amid speculation political tension in the country may ease.

Detroit reached a new settlement in a bid to end interest-rate swap contracts with UBS AG and Bank of America Corp., cutting the termination amount to about $165 million from $230 million.

For all the losses on Treasuries this year, demand for U.S. government debt remains stronger than before the financial crisis.

Japan’s state pension fund, the world’s largest, should look at investing 10 trillion yen ($95 billion) in private equity and venture capital over ten years, a buyout-fund head and government adviser on pensions said.