Special Program Root Tag

Fidelity Investments launched Options for Independence on Wednesday, its latest tool in that perpetual competition among asset custodians to win business from breakaway brokers.

Despite a recovering economy, mass affluent investors believe the recession isn’t quite over.

The filing date for the first monthly reports by money market mutual funds using the eXtensible Markup Language has arrived.

EDGAR Online said Tuesday it struck agreements that will let it create risk-return summaries in the eXtensible Business Reporting Language for as many as 2,000 out of the roughly 8,000 mutual funds that must meet a new federal requirement for interactive financial filings.

Bloomberg and software supplier Information Mosaic said they intend to streamline how notices of corporate actions are processed, to reduce operating risks and costs of securities firms.

PHOENIX—If the U.S. economy grows at Goldman Sachs’ forecast of 2.7% in 2011 and 3.6%, this will represent three years of respectable growth, said Heather Shemilt, managing director and head of the pensions, endowments and foundations group at Goldman Sachs. Shemilt was addressing Information Management Network’s “Super Bowl of Indexing” here Monday. In the first three quarters of this year, the U.S. GDP has grown 2.63%.

PHOENIX—The Dodd-Frank bill deserves an F for failing to provide the necessary information on capital markets to the government and , instead, creating more bureaucratic financial regulatory oversight, said former Securities and Exchange Commission Chairman Harvey Pitt Monday. Pitt, currently chief executive officer of Kalomara Partners, LLC, was addressing Investment Management Network’s “Super Bowl of Indexing” conference here.

The U.S. Department of Labor's Employee Benefits Security Administration on Monday proposed disclosures on target-date funds offered in 401(k) plans.

Demand for emerging market funds has been a bright spot this year.

The only software that really has intrinsic value is the software that can predict returns on mutual funds, exchange-traded funds or single stocks.

An index fund, by design, is intended to simply replicate the movement of stocks in a particular financial index, such as the S&P 500.

J.P. Morgan Asset Management has hired Michael Falcon as a managing director and head of retirement in the United States and Canada.

For this special edition of Money Management Executive to be distributed at Information Management Network's "Super Bowl of Indexing" in Phoenix this week, we spoke with Joseph Keenan, managing director, global financial institutions, BNY Mellon Asset Servicing, on the future of exchange-traded funds.

The competition between two service providers to automate order routing and settlement for investment funds in the United Kingdom is heating up.

Salient Partners LP, a $16 billion Houston-based wealth manager, has agreed to buy RDG Capital LLC, a Houston boutique wealth advisory firm.

Twenty-three percent of middle-class IRA remained undecided in October about converting to an IRA, according to a study by First Command.

Currently wirehouse market share is at 56% of total fee-based managed account assets, but Cerulli Associates predicts that managed account market share for wirehouses will tumble to 50% by 2014.

ETF Securities’ ETFS Physical White Metals Basket Shares (WITE) began trading on the NYSE Arca Friday.

Investment advisors who think they can outsmart the Securities and Exchange Commission had better think again.

Maybe the app will be renamed iVote.