Money Management Executive Latest News

SEC member Daniel Gallagher, who helped derail efforts to tighten rules for money market mutual funds, said he would likely support a measure forcing the industry to abandon its marquee $1 share price.

OppenheimerFunds, which introduced its first Class I mutual fund shares in December 2011, has expanded its I Shares product lineup.

Three months after hiring Mark Howard-Johnson as the Global Head of Real Estate Securities Management, BlackRock today unveiled the first of many real estate funds to be managed by Howard-Johnson’s new unit.

Altegris has expanded its sales team of with the addition of Valentina Glaviano as Director of Distribution Strategy, a newly created position.

London-based ETFGI has added Feargal Dempsey as a partner and Legal Counsel.

Exchange-traded funds added $22.36 billion in August, driving total ETF assets to $1.215 trillion.

Huntington Asset Services is trumpeting the growth of its Valued Advisers Trust, its second series trust, which recently reached assets under management of $500 million.

Palmer Square Capital Management today officially revealed the hiring of Emily Colella as a managing director, responsible for business development.

The $290 million Janus Global Research Fund is merging into the $1.9 billion Janus Worldwide Fund $1.9 billion in January

Altegris is betting that advisors and investors want fixed income exposure on both the long and short side via its latest offering, the Altegris Fixed Income Long Short Fund.