Money Management Executive Latest News

Instinet said it handled 43% more volume in the trading of stocks in the United States in August, compared to July.

When the herd mentality is dominating markets, fund managers beware. That is not the time to actively manage your holdings.

The unstable economic, political and investing climate dominated the sessions at this year's Investment Company Institute Tax and Accounting Conference.

Schroders has hired David Jodka as national sales manager of U.S. intermediary distribution, overseeing a team of 11 sales professionals, seven of whom are external wholesalers. Jodka reports to Carter Sims, head of U.S. intermediary distribution.

Stock exchanges in the United States are open, when those in Asia and Europe are closed.

PALM DESERT, CALIF.-As investors have fled equity funds, the industry's move into alternative investments has become one of the biggest concerns of directors of the board.

PALM DESERT, CALIF.-"The past 60, 90 days have been the craziest that risk managers have ever faced in their careers, in terms of the national debate over the U.S. debt ceiling, market volatility and a host of other key risks asset managers are now facing," said Joseph A. Carrier, chief risk officer at Legg Mason.

Vanguard has announced it will pursue the small 401(k) market, i.e. plans with less than $20 million in assets and fewer than 1,000 employees, with low-cost, bundled plans administered by Ascensus.

Sub-advised mutual fund assets will grow 29% over the next five years, rising from $1.7 trillion to $2.2 trillion in 2016, Financial Research Corp. predicts. This will result in an 11% compound annual growth rate.