Money Management Executive Latest News

Vanguard announced it is cutting fees by lowering the minimum investment amount needed to qualify for its Admiral share class.

Investors’ outlook is cautiously optimistic, with nearly half expecting gains in the year ahead despite their concerns over the sluggish economy, Scottrade found in a survey.

Four in 10 workers are planning to delay their retirement, according to a survey of 9,100 employees by Towers Watson. Sixty-eight percent of older workers said they were making the delay to keep healthcare coverage, and 61% blamed the decline in their 401(k).

Equity markets in the United States suffered their second consecutive month of volume dropping more than 20% compared to a year ago, according to the Equity Research Desk in Greenwich, Conn.

Conflicting numbers from Phoenix Marketing International bimonthly survey of affluent and high-net-worth investors suggests that while they’re gloomier than usual about the economy’s prospects, they’re also investing more in the market than they were.

An increasing number of financial advisors advocate using alternative investments in client portfolios as a way to increase diversification, according to the 2010 Rydex|SGI Annual AdvisorBenchmarking Study.

AQR Capital Management has launched the AQR Risk Parity Fund, whose main aim is to seek consistent returns with reduced equity market exposure.

Eaton Vance Tuesday announced the launch of the Eaton Vance Option Absolute Return Strategy Fund, a fund that aims to deliver returns independent of the stock and bond markets and that is benchmarked against short-term cash instruments.

J.P. Morgan Funds is showcasing audio and video tapings of its investment professionals’ insights in a new section on its website called J.P. Morgan On Demand.

John Hancock Funds on Monday announced the launch of the John Hancock Currency Strategies Fund, a fund that will make diversified investments in global currencies and that is managed by First Quadrant.