Money Management Executive Latest News

The fund industry has historically done an effective job of responding to regulatory challenges. Last Monday's show of force by the Investment Company Institute and 31 industry leaders was a case in point.

Execution consulting. It's the latest buzz phrase being tossed about between fund managers and broker-dealers. And it has nothing to do with getting advice on how to use the guillotine.

Investing in the equity markets is always fraught with uncertainty, as no one can predict market returns for any future period. Over time, this uncertainty justifies the higher returns normally associated with equity investing. Take the last four decades, for example, and compare the average return of the S&P 500 for each 10-year period:

Brown Brothers Harriman has appointed Daniel Greifenkamp head of mutual fund business development for the investment management business-charged with extending the momentum of its $43.5 billion proprietary mutual fund complex.

THE INABILITY TO INNOVATE AND THE DIRECT impact of that on their firm's profitability are fund executives' biggest regulatory concerns.

iPhone 4S sales are off the charts, even with its battery issues. iPad sales are similar. Android now is the most popular operating system for mobile phones.

Vanguard Group founder John C. Bogle said Wednesday that Republication presidential candidates’ pledge to not raise taxes as any part of a solution to the nation’s $1.2 trillion annual fiscal deficit “makes no sense.”

Retirement plan advisers’ top five concerns include new disclosure rules, market volatility, finding greater flexibility and customization in plans, measuring a given plan’s success and an expected redefinition of fiduciary status. Those are the results from a national listening tour conducted by Transamerica Retirement Services.

Investors’ continuing obsession with purchasing Treasury bonds is a sign of ‘irrational exuberance,’ says the chairman of investment manager T. Rowe Price when 10-year yields are under 2.0%.

The asset management industry's exceptional agility following the financial crisis, most particularly its ability to improve profitability, is masking long-term challenges to growth, according to McKinsey & Co.