Money Management Executive Latest News

INDIANAPOLIS-The husband and wife team had lots of experience. They had worked at large mutual fund shops, then struck out on their own.

The U.S. Department of Labor's new regulations on 401(k) fee disclosures will serve as a wake-up call to plan sponsors and participants alike, once they stop hitting the snooze alarm, that is.

CLS Investments, a third party money manager, has promoted Todd Clarke to the position of chief executive officer.

A group of eight competing alternative mutual funds have once again come together to launch a six-city tour that will gather advisors for discussions of alternative strategies and tips on how to build an alternative fund portfolio.

Charles Schwab is looking to make a statement in the exchange-traded fund space, even if its CEO Walt Bettinger wants to downplay the significance of the move.

The total assets held by money market mutual funds slipped to $2.568 trillion, falling by $10.3 billion, for the week ended Sept. 19, according to data from the Investment Company Institute.

The $1.7 billion Strategic Advisers Emerging Markets Fund has hired Acadian Asset Management as a new sub-adviser to the fund alongside Pyramis Global Advisors, according to a Securities and Exchange Commission filing.

Gabelli Adds Hedge Fund Vet to Alt Unit

Cynthia Egan, head of retirement plan services at T. Rowe Price, is retiring on December 31.

Pewaukee, WI-based Capital Innovations is currently prepping a fund that will bet on timber and farm-related, the Journal Sentinel reports.