Money Management Executive Latest News

Despite the government’s insider trading case against expert consultants and hedge funds, flows to hedge funds should be strong in 2011, predicts Agecroft Partners, basing its findings on interviews with 300 hedge funds and 1,500 institutional investors. Agecroft is an alternative investments consultancy.

As positive economic news continues, including a 20% increase in stocks since September, investors are beginning to embrace risk once again.

Nuveen Investments on Dec. 31 completed its acquisition of FAF Advisors, with FAF’s parent company, U.S. Bancorp, receiving a 9.5% stake in Nuveen, plus cash consideration in exchange for investment management of the FAF mutual funds.

WTP Advisors, a tax and business advisory firm, has acquired Sala Associates, an operations consultancy for hedge funds and investment banks.

The economic rebound in 2011 will be slow but steady—but not strong enough to prompt employers to begin hiring again, according to the findings of the latest Turnaround Management Association survey.

The outlook for the U.S. economy in 2011 appears to be ... slow and unsteady as she goes.

Employers are clearly more optimistic about the economy, for another 40% that had suspended 401(k) contributions will resume them by mid-2011, doubling the 40% that already have resumed suspended or reduced matches, the Profit Sharing/401(k) Council of America announced.

It is an exciting time to be in distribution at an asset management firm. Threats and opportunities abound.

On the ninth day before Christmas, money invested in U.S.-listed exchange traded funds and exchange-traded products crossed $1 trillion for the first time. The total actually was $1.027 trillion, with $887.2 billion in ETFs and $115.5 billion in ETPs, as tabulated by BlackRock's Global ETF Research and Implementation Strategy Team.

The Depository Trust & Clearing Corporation plans to add a chairman of the board, with separate duties from that of its chief executive officer, Don Donohue.