Money Management Executive Latest News

Mortgage-backed securities, especially those paying higher rates of interest than comparable Treasuries, are gaining an increased amount of attention from investors who have been sitting on cash.

Fidelity Investments has enhanced its custodial platform, WealthCentral, for registered investment advisors, so that it is now possible to create block orders from the portfolio modeling and rebalancing tool, as well as conduct searches more effectively.

Bloomberg says it has signed deals with an undisclosed number of operators of dark pools to allow asset managers and hedge fund customers to view in “real-time” how their trades have been matched in the pools.

“An educated customer is our best customer” has been the memorable slogan of Syms for four decades.

Buy-side firms and other market players want to expand the scope of transaction reporting to comply with European legislation on best execution to over-the-counter derivatives and introduce position reporting for OTC derivatives as well .

The Securities and Exchange Commission announced Monday the appointment of John Ramsay as the regulator’s new deputy director in the Division of Trading and Markets.

Charles Schwab Corp. announced Monday that it has agreed to buy Windward Investment Management Inc., a Boston investment advisory firm.

In its ongoing effort to expand its middle-market defined contribution and defined benefit business, The Hartford has hired Denise Diana as VP, retirement plans mid-market.

A bill before Congress seeking to increase retirement savings among workers will unnecessarily overburden small employers, according to a new report from Aite Group.

Wall Street wirehouse bulge-bracket firms continue to top the list of sponsors of separately managed accounts for the second quarter of this year, according to a research report just issued by the Money Management Institute and Dover Financial Research.