Money Management Executive Latest News

It's not against the law to open your neighbor's mailbox. And, yes, you can peek inside.

Louis Fugazy has been promoted from national accounts manager to associate publisher of Money Management Executive and Asset Securitization Report.

Wedbush Securities, a pioneer in giving high-frequency traders access to equity execution markets, recently launched a platform providing traditional institutional investors with the same high-speed access to market centers and control over their executions.

A coalition of financial planning experts urged lawmakers to keep the U.S. Securities and Exchange Commission in charge of investment advisor regulation for the sake of cost and efficiency, just days ahead of several federal reports on the industry due next week.

A majority of institutional investor, 55%, expect global growth over the next six months, up considerably from the 33% who felt this way in the third quarter, a survey of 97 institutional managers by Northern Trust found.

Matt Fink was with the Investment Company Institute from 1971 to 2004 and served as its president from 1991 to 2004. He is the author of a history of mutual funds, “The Rise of Mutual Funds: An Insider's View,” (Oxford University Press, 2008). A new edition, covering the 2008 financial crisis and its impact on mutual funds, has just been published.

ETF Securities on Friday began trading its new exchange-traded product, the ETFS Physical Asian Gold Shares, on NYSE Arca.

Money market fund assets dropped by $2.18 billion in the week ended Jan. 12, the Investment Company Institute said Thursday.

Vanguard indicated in a Thursday SEC filing it is postponing its plans to offer short-, intermediate- and long-term municipal bond index funds. Vanguard first submitted its registration statements in June.

Sixty percent of registered investment advisors are actively looking to acquire new advisers, according to a Fidelity survey, and now they can have help doing so with the Boston-based fund company's newly expanded advisor recruiting and retention resources.