Money Management Executive Latest News

As the exchange-traded funds industry continues to evolve, marketing campaigns to support its growth must become far more complex and richer, according to a report from Financial Research Corp., “ETF Trends: Insider Insights on Distribution, Portfolio Construction, Risk & Regulation.”

With unemployment rates remaining staggeringly high and debates about the debt ceiling on Capitol Hill, Americans remain worried about the economy, according to a report from First Command.

Now that Standard & Poor's has issued a negative credit watch on U.S. government debt and acknowledged the possibility that no deal will be reached to raise the government’s debt ceiling, what should investors do?

The tech team at Fidelity Institutional Wealth Services has come up with a new smartphone app that allows independent financial advisors to open client accounts and electronically trade for clients from anywhere.

Fund managers may be struggling to decide what new technology and operational procedures to implement to be able to trade interest-rate swaps and other derivative securities, as they move onto centrally cleared markets.

Lawrence Summers, former director of the National Economic Council, recently said, "The central irony of a financial crisis is that while it is caused by too much confidence, borrowing, lending and spending-it is resolved only by increases in confidence, borrowing, lending and spending."

To increase its presence in the bank channel for adviser-sold business, Russell Investments has promoted John Harrell and Paul Izzo to the newly created positions of national account executive.

Although worldwide assets under management rose 8% in 2010 from the previous year to $56.4 trillion and profit margins gained two percentage points to 33%, the industry faces a number of challenges for continued growth.

Americans' retirement expectations have changed dramatically in recent years. A vast majority now plan to live more frugally and delay retirement, SunAmerica Financial Group and Age Wave found in a survey of 1,001 people age 55 and older. Nonetheless, the majority are still confident they will be able to eventually retire.

In a world where the minute, second and even millisecond that you pull the trading trigger can materially affect the return you get, managers of mutual funds too often are slow to buy when prices are rising and too fast when prices are dropping.