Money Management Executive Latest News

Pension fund managers should consider managing for a total outcome rather than focusing on the returns of individual strategies or asset classes to respond to the volatility and risk now plaguing their plans, according to a paper recently released by State Street Global Advisors.

Van Eck Global has filed for permission from the U.S. Securities and Exchange Commission to create exchange-traded fund share classes of at least one of its five mutual funds.

BlackRock is looking to do some good while doing well at the same time with its latest values-based exchange-traded fund focusing on human rights.

The San Francisco company has not made it easy for fund families to work through its online platform, featuring five incompatible sites. That's about to change, with an Investment Manager Gateway.

Legg Mason, Inc. today reported preliminary assets under management of $638 billion as of February 29, 2012, an increase of up 1% and some $7 billion over January’s AUM. The firm managed $677 billion last March.

Santa Fe, N.M.-based Thornburg Investment Management has promoted Rob McInerney, formerly a regional consultant, to the role of national sales manager, effective March 1.

On March 1, Bill Gross, co-founder of the Pacific Investment Management Company, officially crossed the line and fired his opening salvo in the exchange-traded fund business.

Palm Beach Gardens, Fl.-based Lighthouse Partners, a fund-of-hedge-funds and managed account investment adviser, has taken a minority stake in 361 Capital, a Denver-based provider of alternative investment mutual funds, separate accounts, and limited partnerships to institutions, financial intermediaries, and high-net-worth investors.

''The new normal is that we are in transition, we are in transformation and we don't know where we're heading,'' according to Lazaro Campos, chief executive of the Society for Worldwide Interbank Financial Telecommunication.

So you want to tap into the global markets and find new opportunities for growth.