Money Management Executive Latest News

India created the outsourcing industry. It pulls in $47 billion a year by "exporting" the contracting in of business processes. It's so identified with the practice, that it even is the subject of an NBC situation comedy, "Outsourced."

PIMCO has launched a distribution platform for financial advisers and individual investors to better serve the retail market.

The Country Financial Security Index rose 0.8 points to 64.9 in February, marking the first time the index has risen at the start of the year since Country Financial began the index in 2007.

MIAMI: The forecasting firms are fairly unified about their expectations for information technology spending by financial services firms in 2011.

American Beacon Advisors has launched the American Beacon SiM High Yield Opportunities Fund, sub-advised by Strategic Income Management (SiM).

NYSE Euronext and Deutsche Borse announced their merger Tuesday morning, creating “the world’s premier global exchange group, the world leader in derivatives trading and risk management, and the largest, most well-known venue for capital raising and equities trading,” the exchanges said.

National Financial signed 60 broker-dealer clients in 2010, which it attributed to the strength of its platform. The new clients include Crown Capital Securities, First National Capital Markets and PNC Investments. Clients that renewed their contracts include Muriel Siebert & Co., Fifth Third Securities and Berthel Fisher & Co.

NICSA 2011: Stock Market Won't Double (Again) In Next Two Years

The date was October 13, 2008. One month after Lehman Brothers was left to twist quickly in the wind and die.

Mandatory cost-basis reporting for mutual funds and dividend reinvestment plans "really touches everything in the organization, according to Ellen Bocina, vice president of product development at Fidelity Investments.