Money Management Executive Latest News

If you want to avoid personal liability in, for instance, properly valuing the assets in funds you manage, involve other persons in the process is the “simple answer,’’ legal analysts say.

Long-term mutual funds experienced inflows of $7.04 billion for the week ended Wednesday, October 10, according to the Investment Company Institute.

EGShares, the ETF arm of Emerging Global Advisors, launched a new emerging market ETF that—in a twist—will track an investment index rather than a benchmark index.

Investors have self-insured themselves well for a repeat of 2008, said the chief economist of Oppenheimer. But they're not ready for 2013.

NICSA Wednesday presented Jan Clifford, former president of the MFS Service Center, with its Lifetime Achievement Award, at its general membership meeting in Boston.

Kansas City, Mo.-based Scout Investments has launched the Scout Emerging Markets Fund (SEMFX), becoming one of the latest new funds seeking to capitalize on growing investor interest in emerging market plays.

Vanguard is offering investors a way to hedge against future inflation with today’s launch of the Vanguard Short-Term Inflation-Protected Securities Index Fund (VTIP), in four share classes, including ETF Shares.

Mutual fund companies are increasingly taking on the mindset of hedge funds, as they seek to offer clients access to alternative investments such as commodities or real estate and strategies like absolute return investing and combinations of going long on some stocks and selling others short.

Natixis Global Asset Management has agreed to buy McDonnell Investment Management, an Oak Brook, Illinois-based investment advisor with some $13.5 billion in assets under management for institutions and individuals.

In the latest move in the ETF pricing war, BlackRock unveiled a series of cost-cutting initiatives aimed, almost directly, at rival Vanguard, which last week enacted some price-saving moves of its own.