Money Management Executive Latest News

Netting.

The concept release is out. And the Securities and Exchange Commission wants to know: Just how much leverage should a mutual fund have?

As managing director for global product management for U.S. financial institutions at BNY Mellon, Jim Cecere is in a unique position to see developing trends in the asset management industry.

WASHINGTON - Although Federal Reserve Board officials promised to unveil a long-awaited package of key Dodd-Frank rules by the end of the summer, the central bank is likely to need more time to complete them.

The constant barrage of bad news has eroded consumer, investor and business confidence to dangerously low levels.

Deloitte Consulting has promoted Elizabeth Krentzman from principal to head of its mutual fund practice, a new position at the firm that oversees its auditing, tax, financial advisory and consulting businesses for the fund industry.

As the saying goes, fool me once, shame on you. Fool me twice, shame on me.

Citi has won a full-service administration contract to support $4 billion of registered assets at Diamond Hill Capital Management of Columbus, Ohio. Thus, the scope of service Citi will provide includes administration, accounting, transfer agency, global custody and securities lending.

First Trust Advisors has selected JPMorgan to sponsor 21 exchange-traded funds it is listing on the Mexican stock exchange, Bolsa Mexicana de Valores.

The Securities and Exchange Commission is in the early stages of a major examination into the operations of hedge fund companies and investment banks that engage in high-frequency trading.