Money Management Executive Latest News

If you think social media investing is about pajama-wearing day-trading amateurs, Covestor aims to prove you wrong.

On May 11, 2012, Boston-based MFS Investment Management said it set new record sales last quarter, according to its latest earnings report, issued by Canadian parent Sun Life Financial.

Deutsche Bank today revealed that its management board, which initiated a strategic review of its global Asset Management division on November 22, 2011, has switched gears

Automated data management provider Confluence hired Melvin Jayawardana as European Fund Administration Product Manager.

There are a growing number of advisor-focused "value-added programs" that fund firms are using to lure top producing and other advisors to sell their wares to investors.

The Hartford is expanding its defined contribution platform with a trio of new managers and a slew of funds for retirement plan sponsors and participants.

Brian K. Evans may work out of an office overlooking the Pacific Ocean, but that Left Coast location may just give him the chance to, as Apple's semantically incorrect advertising used to proclaim, think different.

Pacific Investment Management Company, of course, runs the world's largest mutual fund. Its Total Return Fund counts assets of nearly one-quarter of a trillion dollars.

If you think social media investing is about pajama-wearing day-trading amateurs, Covestor aims to prove you wrong.

Investment Company Institute chief executive Paul Schott Stevens said last Wednesday that mutual funds need to make investments in commodities and derivative securities such as futures contracts in order to manage market swings and protect returns of the everyday investors that want the kind of "skills and insights" otherwise "available only to the wealthiest Americans."