Money Management Executive Latest News

BlackRock’s iShares exchange-traded fund division has launched the iShares Floating Rate Note Fund (ticker: FLOT), its first floating rate fund.

WASHINGTON — Nearly three years since the financial crisis began, lawmakers appear consumed again with a very precrisis topic: Is overregulation driving financial institutions overseas?

Fifty-nine percent of Americans are not confident the U.S. economy will rebound within the next year, a survey of 1,011 adults by the Certified Financial Planner Board of Standards found.

AARP launched a new television ad campaign on Thursday urging Congress not to cut critical Medicare and Social Security benefits.

After trading accusations in an arbitration dispute, Bank of America Merrill Lynch has been ordered to pay one of its former financial advisers $1.55 million in compensatory damages and expunge his Form U5.

Registered Fund Services and UMB Fund Services have jointly developed a turnkey registered hedge fund program.

Moody’s has launched a mobile-optimized version of Moodys.com that allows market participants to see Moody’s credit ratings and research on smartphones and other mobile devices.

While recent legislation has sparked debate about suitability versus fiduciary standards, a majority of investors do not understand the difference between the two, a survey by J.D. Power and Associates found.

John Hancock Retirement Plan Services has introduced a second generation of its PRIME Elements iPad application for retirement plan advisers and consultants.

Eaton Vance Management has launched the Eaton Vance Municipal Opportunities Fund, a fund that employs an opportunistic approach to investing in municipal obligations, with the aim of maximizing after-tax total return.