Money Management Executive Latest News

BATS Global Markets said the Securities and Exchange Commission approved its Competitive Liquidity Provider program, proposed last year.

Petrone Expands Kasina's Research Effort; Great-West Names Killgore Regional Sales Director; Neuberger Appoints Saltzman Wealth Advisor; Jones Joins CLS in Regional VP of Sales Role

The performance benchmark for stocks in developing countries, the MSCI Emerging Market Index, has grown at almost 21% annually over the past three years.

Vanguard has launched a new target retirement fund for Generation Y investors that will lay the foundation broad diversification among the major asset classes and low costs--and start them on the road to successful investing.

Petrone Expands Kasina's Research Effort; Great-West Names Killgore Regional Sales Director; Neuberger Appoints Saltzman Wealth Advisor; Jones Joins CLS in Regional VP of Sales Role

Participants in employer-sponsored retirement plans are hungry for investment guidance and willing to use automatic enrollment features to achieve their goals, according to results of a survey of changing attitudes toward retirement readiness released by State Street.

Retirement Projected to Hit $22 Trillion by 2016; Fund Uses Student Research; Gets Morningstar Five Stars; Deutsche Boerse: It's a Black Day for Europe

So, NYSE Euronext and Deutsche Boerse agreed to terminate their agreement to merge, thanks to the European Commission's prohibition of it.

The performance benchmark for stocks in developing countries, the MSCI Emerging Market Index, has grown at almost 21% annually over the past three years.

Morningstar research finds that 50 mutual funds have stakes in either the A class or B class of Facebook. Among the largest holders are T. Rowe Price, Fidelity Investments and Morgan Stanley. Morgan Stanley also is the lead underwriter in the offering, which is expected to raise at least $5 billion and possibly as much as $10 billion.