Money Management Executive Latest News

Volatility, the fear of a second worldwide recession, continued aversion to equity funds and uncertainty over Dodd-Frank regulatory fallout—all headlined 2011.

It was a year of refashioning of regulatory rules, around the world. Not. Or, almost. Outages and technical snafus abounded. Definitely.

Only 30 stocks comprise the world’s most closely watched index – the Dow Jones Industrial Average – and its daily, weekly, monthly and annual gains (or losses) serve as a very handy – albeit simplistic – snapshot of investor sentiment and a decent barometer of how the U.S. and world economies are fairing.

BNY Mellon announced that it awarded more than $7.2 million to New York-area nonprofits in 2011.

U.S. homes are expected to lose more than $681 billion in value during 2011—and while that sounds like a staggering figure, it is 35% less than the $1.1 trillion lost in 2010, Zillow Real Estate Market Reports said.

Deutsche Boerse and NYSE Euronext have decided to push back the deadline for completing their merger until March 31.

Credit Suisse Securities has been fined $1.75 million by the Financial Industry Regulatory Authority for failing to properly supervise short-selling activity.

Beginning Jan. 1, U.S. Savings Bonds will be going digital, the U.S. Department of the Treasury said. This will save taxpayers $120 million over the next five years, Treasury said.

As 2011 draws to a close, many investors are continuing to seek safety, TrimTabs Investment Research said Wednesday. They are socking most of their money into bank savings accounts and bond funds.

Aston Asset Management has launched the Aston/Silvercrest Small Cap Fund, sub-advised by Silvercrest Asset management Group, a high-quality, value-oriented boutique headquartered in New York.