Money Management Executive Latest News

Lincoln Financial Group has launched a new, $20 million advertising campaign created by Gyro of New York.

Long-term mutual funds took in $1.40 billion in the week ended Nov. 22, the Investment Company Institute said Wednesday.

Principal Funds has launched the Principal Global Multi-Strategy Fund, which will invest in alternative strategies through specialist sub-advisors to provide income, while combating inflation and market volatility.

The Pension Protection Act of 2006 is having a positive effect on 401(k) plans, Fidelity Investments said Wednesday.

Many mass affluent investors have not seen their financial situations improve in the past year, and list not saving more toward their 401(k) plans and children’s college funds as top regrets, according to a new report from Bank of America.

Nearly two-thirds, 63.8%, of plan sponsors have changed the investment lineup in their 401(k) plan in the past year, up markedly from a mere 20% in 2008, according to the Profit Sharing/401(k) Council of America.

The Conference Board Consumer Confidence Index surged 15.1 points in November to 56.0, up from 40.9.

The State Street Investor Confidence Index rose 2 points in November to 97.2. In North America, the index rose 4.7 points to 95.2, and in Europe, it rose 5.4 points to 101.5. In Asia, however, the index fell 4.2 points to 94.6.

NYSE Euronext, in partnership with Bloomberg New Energy Finance, is launching three “clean energy” stock indexes. The three indexes will be focused on performance of clean energy firms around the globe. The intent is to track public companies “most active in the world's historic shift to low-carbon energy.’’

THE INABILITY TO INNOVATE AND THE DIRECT impact of that on their firm's profitability are fund executives' biggest regulatory concerns.This is one of the key findings from Money Management Executive's 2011 Regulatory Outlook Survey of 184 industry executives by Lodestar Research Corp.