Money Management Executive Latest News

Expect drastic changes in the fund industry over the next half decade, says a new research report. 

The old adage of ‘happy wife, happy life,” is ringing louder for Scott Simon, a managing director at Pacific Investment Management Co. who heads mortgage- and asset- backed securities investing.

MIAMI - Smartphone shipments began to outpace personal computer shipments in 2011. Now, more than 50 percent of mobile phone users are smartphone users.

Omaha, NE-based Tributary Capital Management is reshuffling its investment team on the heels of an impending resignation.

American poitics have entered an “era of bad will,’’ said former White House press secretary Ari Fleischer. Nothing will happen of note on the federal budget until after the next Congressional elections, he forecast.

Schooner Investment Group, the investment adviser to the Schooner Global Absolute Return Fund, is liquidating the alternative mutual fund on March 13, according to a regulatory filing.

The SEC mandated a series of money market mutual fund reforms in 2010. Then, Mary Schapiro pushed for more reform in her last two years in office. Now, the Financial Stability Oversight Council has taken up the light sabre. But don’t worry, says Tim Johnson, partner in the Financial Industry Group at Reed Smith, a fund industry law firm.

First Trust Advisors has launched a new actively managed exchange-traded fund to bet on preferred securities and income-producing debt securities, including corporate bonds, high-yield securities and convertible securities.

Target-date funds have an “implicit guarantee” to deliver a particular return by a particular time. Are the funds being marketed responsibly?

The time to help a customer understand the risk in a set of holdings is before a shock hits the market. Here’s how.