Money Management Executive Latest News

The next several years will be a challenging period for investment advisors as investors, mindful of projections of low market returns, seek managers who can deliver results while protecting them from excessive risk.

WASHINGTON—The U.S. debt, $9.5 trillion in 2010, could reach $25.9 trillion by 2021 if not kept in check. This was the warning of Erskine B. Bowles, former White House chief of staff, and Alan K. Simpson, former Senator from Wyoming, who are co-chairs of the National Commission on Fiscal Responsibility and Reform, speaking at the Investment Company Institute’s General Membership Meeting here Friday.

WASHINGTON, D.C. -- The Securities and Exchange Commission is set to meet next week to address how to prevent runs on money market funds that could disrupt the $2.7 trillion market and the nation's financial system as a whole.

WASHINGTON, D.C. -- Regulation of mutual fund distribution practices "can't be left to stand'' as it is, Securities and Exchange Commission chairman Mary L. Schapiro said Friday.

WASHINGTON, D.C. -- On the one-year anniversary of the Flash Crash, Securities and Exchange Commission chairman Mary L. Schapiro said the behavior of high-frequency trading firms will be closely scrutinized -- and placing obligations on high-speed traders to maintain markets in stocks "remains on the table.''

Nassim Taleb has made a career out of trying to get financial professionals to pay recognize that unpredictable events do occur, with devestating effect.

WASHINGTON—Asset management firms must have a presence on social media if they want to remain relevant to financial advisers and investors, speakers said at the Investment Company Institute’s “Using Social Media in Fund Communications” panel during the General Membership Meeting here.

WASHINGTON, D.C. -- It's a myth that large wealth management firms are losing advisers to independent firms.

There's a new world order coming in mutual funds. And a new form of wholesaler -- colloquially called a "schmeek" -- will be helping financial advisers understand its new complexity and sell a constantly evolving kaleidoscope of new products to individual investors.

WASHINGTON—Stocks will return between 8% and 9% over the next three to five years, predicted Eddie C. Brown, president and CEO of Brown Capital Management, speaking on the “Industry Investments: Experience Talks” panel at the Investment Company Institute’s General Membership Meeting Thursday morning.