- Money Management Executive
Pacific Investment Management Company, of course, runs the world's largest mutual fund. Its Total Return Fund counts assets of nearly one-quarter of a trillion dollars.
May 11 - Money Management Executive
If you think social media investing is about pajama-wearing day-trading amateurs, Covestor aims to prove you wrong.
May 11 -
Investment Company Institute chief executive Paul Schott Stevens said last Wednesday that mutual funds need to make investments in commodities and derivative securities such as futures contracts in order to manage market swings and protect returns of the everyday investors that want the kind of "skills and insights" otherwise "available only to the wealthiest Americans."
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May 11, 2012: Mutual fund operators are beginning to use cloud services offered by NYSE Euronext, in its 10-month old launch of a platform for worldwide use of computing resources by financial firms.
May 11 -
On May 11, 2012, MME filed a report from the ICI GMM conference.
May 11 -
On May 11, 2012, Lipper said ETFs experienced redemptions of $6.5B for the week ended May 9.
May 11 -
On May 11, 2012, Mary L. Schapiro said the Securities and Exchange Commission intends to directly confront a new round of long-term reforms to the nations money market mutual funds.
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May 10, 2012: ICI GMM 2012. Fidelity, Charles Schwab, MSSB, Dodge & Cox. When interest rates flip and rates start to increase, the value of bonds and funds that invest in them will get hit. And that can shock investors, said fund executives Thursday morning.
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May 10, 2012: ICI GMM 2012. Regulators in nations around the world, including fast-developing markets, dont know quite what to make of the asset management business, fund executives said Thursday. Asset managers are considered the same as prop traders, said Christian Dargnat, CEO, BNP Paribas Asset Management.
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May 10, 2012: ICI GMM 2012. Arianna Huffington, William McNabb, Gillian Tett debate role of media in funds industry.
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On May 10, 2012, Credit Suisse's Asset Management Division has launched the Credit Suisse Liquid Alternative Fund, designed to offer access to hedge fund-like returns, with the flexibility of daily liquidity, increased transparency and 1099 tax reporting.
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Fidelity Investments has launched a pair of global equity income funds
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On May 10, 2012, Rainier Investment Management, Inc., adviser to the Rainier Funds, has launched the International Discovery Fund (RAIIX).
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On May 10, 2012, The size of the actively-managed exchange-traded fund market has grown more than ten-fold in the past four years, to almost $2.5 billion, according to a report released by Lipper.
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Investors act emotionally, not logically, toward the securities they buy or sell.
May 10 - Money Management Executive
On May 9, 2012, Strategy consultant kasina has hired Joseph "Joe" Dolan as its Director of Sales, Principal.
May 9 -
ICI chief Paul Schott Stevens said Wednesday that mutual funds need to invest in commodities and derivative securities in order to manage market swings and protect everyday investors. He called new CFTC rule changes 'unwarranted, redundant and costly.'
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On May 9, 2012, The Depository Trust & Clearing Corporation has appointed former Commodity Futures Trading Commissioner (CFTC) Michael Dunn as the non-executive chairman of the companys U.S. Swap Data Repository (SDR), effective May 12.
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On May 9, 2012, Automated data management provider Confluence hired Melvin Jayawardana as European Fund Administration Product Manager.
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On May 9, 2012, Neuberger Berman has launched the Neuberger Berman Long Short Fund (NLSAX, NLSCX, NLSIX), designed to provide investors with a long-short investment strategy that seeks long-term capital appreciation and principal preservation.
May 9