Money Management Executive Latest News

Columbia Management has launched two absolute-return funds, the Columbia Absolute Return Multi-Strategy Fund and the Columbia Absolute Return Enhanced Multi-Strategy Fund. Both funds use multiple strategies to reduce portfolio volatility.

TD Ameritrade has opened its five fund-of-fund portfolios, the Amerivest ETFs, to include exchange-traded funds. Previously, the portfolios only invested in mutual funds.

PALM DESERT, Calif.-Eileen Rominger, in her first appearance before a gathering of members of the mutual fund industry's largest trade group, said that compliance with existing and forthcoming rules as well as robust regulation of these is essential to achieving and maintaining the trust and confidence of investors.

PALM DESERT, Calif.-At the start of 2010, the Securities and Exchange Commission established a specialized unit within its Enforcement Division devoted to the looking for fraud and other perfidies in the $40 trillion field of asset management

Fund managers who think that only brokerage firms and banks should worry about the operational and technological changes being wrought by the Dodd-Frank financial reform legislation had better think twice.

PALM DESERT, Calif.-The combined assets of the nation's 956 exchange-traded funds surpassed $1.03 trillion in February, by the tally of the Investment Company Institute.

"You've come a long way, baby," was the memorable slogan of the Virginia Slims ad campaign that kicked off in 1968.

Curian Capital has hired Mike Petko as divisional vice president, in charge of distribution efforts in the Eastern region. In this position, he will oversee a team of Curian's regional business consultants.

The only things certain in life are death, taxes and, according to Federated Investors, dividends.

In a new report based on 20 years of stock research, Turner Investments finds that earnings do, in fact, drive stock performance.