Money Management Executive Latest News

Modest growth is predicted for 2011 approaches, with equities showing promise and emerging markets looking particularly attractive for investors, according ING’s head of asset allocation.

If there’s still cash on the sidelines, it doesn’t belong to millionaires, according to a U.S. Bank’s Millionaire Investor Insights Annual Survey.

The Securities and Exchange Commission will vote Friday on new registration rules for hedge funds and private equity funds.

While concerns about not being able to pay for healthcare in retirement have abated somewhat to 23% of Americans, down from 30% in 2006, more people, 19%, are worried about having to work longer to supplement retirement savings, up from 12% in 2006, according to a survey of 1,008 people conducted by Opinion Research Corp. for Edward Jones.

Retirement is top of mind for a majority of pre-retiree Baby Boomers between the age of 50 and 60, Charles Schwab found in a recent survey.

Thirty-nine percent of financial advisers view American Funds as the leading provider of domestic large-cap mutual funds and 31% perceive the company as the dominant provider of value funds, but for other asset classes, there is no clear leader, Cogent Research found in a survey of 1,400 advisers.

The Hedge Fund Association said it is adamantly opposed to the establishment of a self-regulatory organization for hedge funds, which the Government Accountability Office is currently investigating under the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Build America Bonds have entered a world of their own.

The initial reactions among financial services companies to the Dodd-Frank Wall Street Reform Act have been trepidation and fear.

Morningstar has named Peng Chen, president of its Ibbotson Associates unit, president of its newly formed global investment management division. In this role, Chen will be responsible for the company's investment consulting, retirement advice and investment management operations in North America, Europe, Asia and Australia, including Morningstar Associates, Ibbotson Associates, Morningstar Investment Services, Old Broad Street Research and Seeds Finance.