- Money Management Executive
So, NYSE Euronext and Deutsche Boerse agreed to terminate their agreement to merge, thanks to the European Commission's prohibition of it.
February 3 -
The performance benchmark for stocks in developing countries, the MSCI Emerging Market Index, has grown at almost 21% annually over the past three years.
February 3 -
Morningstar research finds that 50 mutual funds have stakes in either the A class or B class of Facebook. Among the largest holders are T. Rowe Price, Fidelity Investments and Morgan Stanley. Morgan Stanley also is the lead underwriter in the offering, which is expected to raise at least $5 billion and possibly as much as $10 billion.
February 3 -
Bank of America Merrill Lynch said that it saw increased 401(k) savings through its plan sponsors both in the fourth quarter and 2011 year, signaling a positive outlook for the tweaks it has made to its offerings and confidence in the overall economy.
February 3 -
FINRA arbitration panel has ordered Merrill Lynch to pay an investor $1.4 million in a case that called into question the value of the collateralized loan obligation investments the firm sold.
February 3 -
Investment bank Rodman & Renshaw Capital Group has launched DirectMarkets, a first-of-its-kind platform that directly links stock issuers with investors, in primary offerings of securities.
February 3 -
Alternative assets. Alternative styles. Absolute return. Those are the three bases of John Hancock Mutual Funds newly launched effort to set itself apart as, in itself, an alternative to larger mutual fund creators, marketers and managers.
February 3 -
For a brief moment last year, the exchange-traded fund held in greatest value by investors had nothing to do with the Standard and Poor's 500. Or stocks of publicly traded companies of any sort.
February 3 -
Bullion is big. ETFs are convenient. Since its inception in November 2004, the average annual return of State Street Gold Shares has been 18.72%. By comparison, the S&P 500 has returned half of 1% a year in that time.
February 3 -
Prudential Retirement is now offering J.P. Morgan SmartRetirement Target Date Strategies and Fidelity VIP (Variable Insurance Product) Freedom Funds in its line-up of target-date funds with a guaranteed lifetime income component.
February 2 -
BlackRock announced today that its iShares Exchange Traded Funds has launched five funds focused on commodity producers. The funds offer the benefit of access to companies involved in the production of commodities without the costs found in commodity ownership.
February 2 -
Ronald O'Hanley has emerged as an outspoken force inside Fidelity Investments, giving a speech on Thursday that touched on sex, drugs and revolution as he warned that young Americans face getting a raw deal from the U.S. retirement system.
February 2 -
FINRA has outlined its 2012 watch list of business and sales practices aimed at consumers, citing a challenging economic environment that would tempt investors to buy investments with promises of huge returns.
February 2 -
The U.S. Labor Department has removed a controversial part of its proposed 401(k) fee disclosure rule that would have required retirement plan providers to create a summary document, or "roadmap," of all their fees for employers.
February 2 -
Investors displayed faith in all types of mutual funds for the week ended Wednesday, January 25, adding a total of $11.6 billion to equity, bond and hybrid funds, according to statistics released Wednesday by the Investment Company Institute.
February 1 -
Franklin Resources a global investment management organization operating as Franklin Templeton Investments ended the year with total assets under management of $670.3 billion, up $10.4 billion or 2% during the quarter.
February 1 -
An investment research and consulting company said it is releasing a suite of software tools for analyzing mutual funds based on the three-factor model of University of Chicago finance professor Eugene Fama and Dartmouth College professor Kenneth French.
February 1 -
Antitrust regulators in Europe stopped the merger of Deutsche Boerse and NYSE Euronext on Wednesday, saying the combined group would have a stranglehold on the listed European futures market and would thwart new entrants.
February 1 -
NYSE Euronext said it would focus on its standalone strategy, while Deutsche Boerse declared this a black day after the European Commission prohibited the merger of the two exchange operators.
February 1 -
The 10-year outlook for the global stock market is likely to be attractive despite elevated market volatility, below-average growth projections and short-term interest rates around 0% in the U.S., according to the latest research from mutual fund manager Vanguard.
January 31

