Money Management Executive Latest News

ProFunds Group has just unveiled three ETFs with single-inverse exposure to China, U.S. real estate and U.S. basic materials.

Seventy-five percent of financial advisers’ clients are planning to delay retirement up to five years, according to the quarter Brinker Barometer.

Fidelity Investments expects sales of its 401(k)’s to continue to increase through third-party financial advisers to small and midsized companies—and the company plans to reduce fees to gain additional share.

Northern Trust has launched a new investment fund platform consisting of collective funds sub-advised by investment managers retained and overseen by Northern Trust. The sub-advisors will market their funds themselves.

HSBC has launched the World Selection Funds, sub-advised funds managed by a wide range of respected investment mangers and that employ tactical asset management to invest in multiple asset classes, including domestic and international equity, bonds, commodities, property and private equity.

While investors shunned stock mutual funds in 2009 despite their dramatic comeback, they may finally be poised to return to the stock market via long-term funds, The Wall Street Journal reports.

Buyers of long-term-care insurance are reacting to the economic turmoil in just the way many in the insurance industry expected: with thrift and caution.

In their recent shift toward retail deposits, one factor that has helped banks is weak competition from money market funds.

Fidelity Creates RIA Client Experience Organization

PHOENIX -- The money market fund industry and the Investment Company Institute are dead-set against a floating net asset value.