Money Management Executive Latest News

Primerica is incorporating two additional annuity products from Lincoln Financial Group into its retirement lineup.

Vanguard is establishing an intermediary business in Hong Kong. Along with the new business unit, Vanguard also said the announcement of its first locally domiciled product offering in Hong Kong is imminent.

Two or three years ago, institutional investors primarily used ETFs for tactical purposes, holding them for less than one year. But now they are using them strategically as well, according to the 2013 Greenwich Associates study of trends in institutional usage of ETFs, which was sponsored by iShares.

The T. Rowe Price New Era Fund is getting a new manager. Timothy Parker, the fund’s current manager will leave to pursue other opportunities, the firm’s spokeswoman told Money Management Executive.

The forces of global regulatory change are in high gear, and mutual fund firms need to brace themselves for the new mandates barreling in from different parts of the world. Firms need to have the regulatory and compliance resources in place to tackle these demands, but they also need to think about rebranding themselves as more than just domestic vehicles, and nurturing a new identity that conveys a fortitude to brave international regulatory waters.

Former ICI President David Silver Dies

I knew I was in trouble when I approached the security line for my flight to Washington, D.C., for the start of the general membership meeting of the Investment Company Institute.

In the 29 years since its founding, Morningstar has evolved its products and company to better serve its clients. In response to the needs of institutional investors it is enhancing its database with a capability that tracks investment strategy, instead of delivery vehicle.

Income, safety and international. Those are the key words when it comes to describing the most popular mutual fund categories.

WASHINGTON, D.C. - Interest rates are at historical lows, for the fourth year in a row. The federal deficit is at or above $1 trillion, for the fourth year in a row. The economy is growing at the rate of 1.8% a year. Unemployment is 7.6% ... and that's not counting an undetermined number of Americans who have given up looking for work, out of lack of success.