Money Management Executive Latest News

Gemini Fund Services has announced that its Two Roads Shared Trust, which launched in April, will soon include alternative mutual funds from Alternative Road Investment Advisers, Belvedere Asset Management, and LJM Funds Management.

Phoenix -- David Blitzer, managing director, S&P 500 Dow Jones Indices, took home the lifetime achievement award at The William Sharpe Indexing Achievement Awards Ceremony held today at IMN’s newly-named Global Indexing & ETFs conference (formerly the Super Bowl of Indexing Conference) in sunny Phoenix, AZ.

The NASDAQ OMX Group has launched the NASDAQ Global Index Family, which represents more than 98% of the global equity investable marketplace and will result in the development of 24,000 indexes.

MountainView Securities, a broker/dealer focused on the fixed income markets, has hired Amber Lindsay as Managing Director of Fixed Income Sales.

For the better part of two years, Mary Schapiro told anyone who would listen that the federal government could not afford another bailout and that the money market mutual fund industry would have to backstop itself.

Ben Johnson, who has led Morningstar’s passive fund research in Europe and Asia, has been named director of passive fund research globally.

Looks like the "ETF fee war" is waging on.

The world of communications in the mutual fund industry is rife with buzzwords and phrases. They come in and out of favor as funds and fund managers seek to gain competitive advantage by repositioning an asset class or investment strategy as "the next big thing."

Sure, investors still feel nervous, companies are hesitating to spend cash, and all attention is on fixed income and bond funds. But Neil Hennessy of Hennessy Funds insists equity mutual funds are the way to go.

My favorite lobbying move of the year came in early May, in, of course, Washington, D.C.