Practice

On July 6, 2012, The Government Pension Investment Fund of Japan, which is the world's largest public pension fund managing over 113 trillion yen, generated 2.32% return in the latest fiscal year.

On July 9, 2012, Just how tough can it possibly be to successfully stage an IPO, at a time when the bulk of trading on the nation's equity markets is automated? And when it will only get more so? The failure of the Facebook IPO has so rattled investors that it has become a totem of their lost faith in the orderly functioning of capital markets.

On July 6, 2012, Money Management Executive recently spoke to Jim Jessee, president at MFS Fund Distributors, Inc., the distribution arm of the firm's U.S. fund business, and co-Head, Global Distribution, about the firm's "Building Better Insights" branding initiative and other trends he sees within and outside of the firm.

As many wealth management firms grapple with the challenge of how to replenish an aging financial advisor population, Bank of America Merrill Lynch is increasingly turning to its own solution: grow your own.

Ask Ed Slott: Your IRA Expert answers readers’ questions about stretch IRAs for beneficiaries and required minimum distributions.

Deloitte survey also finds risks not continuously monitored at most firms despite available automation; most intend to revamp risk management within 12 months.

The SEC named Norm Champ director of the agency’s division of investment management, replacing Eileen Rominger, who is retiring.

The SEC approved a pilot plan that will allow some orders to go undisplayed on the New York Stock Exchange as a way for the biggest stock trading venue to attract individual investors.

Small Sacrifices app encourages customers to channel coffee and cigarette buying habits into savings goals.

A federal appeals court struck down Goldman Sachs’ appeal of a $20.6 million arbitration award decision on Tuesday, holding up the original 2010 decision in favor of creditors of the Bayou Group.