Money Management Executive Latest News

Despite the fact mergers and acquisitions have gone dormant this year, deals are expected to surge in the next six months.

Long-short strategies are outperforming—or at least underperforming less—than traditional equity plays, according to a white paper by Credit Suisse.

A recent realignment of The Hartford Financial Services Group resulted in a new position for Jim Davey running the company’s mutual fund business.

Parents working with financial advisors are saving more for college than those who don’t, according to a new study by Fidelity Investments.

People in their 20s are generally considered atypical clients for financial planners. They are at the beginning of their professional careers, having accumulated little assets, contributed little to their 401(k)s and are at least 40 years from retirement.

John Hancock Retirement Plan Services announced it will add two new Retirement Choices target-date portfolios, designed to take participants “to” retirement and allow the participant to select another investment strategy at that point.

The Securities and Exchange Commission has given money market funds a reprieve from following an amendment to money market fund regulations requiring allowing them to approve of the credit rating agencies they must use to determine whether a security is eligible for investment.

Morgan Stanley Smith Barney has recruited Ben Dembin and Francis Schiavetti, who previously oversaw $107 million in client assets and together generated $1.2 million in annual fees and commissions at Wells Fargo.

India’s largest bank-sponsored mutual fund has replaced four different front, middle and back office systems with one.

Cash continues flooding into municipal bond mutual funds as retail investors embrace yields many once scorned as being far too low.