Investments

The U.S. equities market has been losing the order flow battle for three straight years and will continue to fall until 4th quarter 2012, a Tabb Group Research Report says.

In 2010, The Dreyfus Corporation gave iPads to every one of its 70 salespeople, to save on Federal Express billings in shipping them marketing materials. Now the manager of roughly $300 billion in mutual fund assets has decided that it should not be presenting its nine boards of directors with bulky binders any more, either.

The mutual fund manager last week supplied directors of one of its fund groups with all board materials on iPads, instead of on paper. Its other eight boards also will be getting on board with materials stored on the tablet devices.

Alternative investment manager Direxion has launched a “buy and hold” fund designed to replicate the Auspice Managed Futures ER Index.

The sovereign debt and banking crises are not over. But the stiffest headwind facing Western economies? Trade deficits, says a Citigroup investment research director.

SunGard is expanding the execution services of its newly-consolidated broker-dealer, SunGard Brokerage & Securities Services, with trading technology from Fox River.

The sovereign debt and banking crises are not over. But the stiffest headwind facing Western economies? Trade deficits, says a Citigroup investment research director.

The SEC is about to announce reform of money market funds that is likely to include letting the net asset value float, long anathema to the industry. James P. Palermo, Vice Chairman of BNY Mellon though wants to know: What happens if that part of the mutual fund industry just goes away?

The next black swan in the financial industry is likely to be rising interest rates. And there could be a “good” black swan event: a rally over the next 10 years in stocks, said speakers at NICSA’s 30th Annual Conference and Expo.

If you think social media is all about you (i.e., the points your company wants to get across), think again.

Don’t Copy Your Competitors

U.S. stocks moved higher Monday after Greek lawmakers approved the financial reforms needed to secure its latest bailout package from the IMF and the EU, a development that Wall Street has been anticipating for weeks.

MIAMI --The next crisis in the financial services industry may have nothing to do with overextending credit or breaking the buck. The next crisis could be a ‘technology shock,’’ according to fund executives.

Bonaire Software Solutions LLC has added modules to its REVPORT revenue management system that will automate distributor rebate fee calculations and invoice reconciliation.

SunGard has added a mobile trade authorization capability to the SunGard Global Network (SGN) Short-Term Cash Management portal.

The SEC is about to announce reform of money market funds that is likely to include letting the net asset value float, long anathema to the industry. James P. Palermo, Vice Chairman of BNY Mellon though wants to know: What happens if that part of the mutual fund industry just goes away?

The next black swan in the financial industry is likely to be rising interest rates. And there could be a “good” black swan event: a rally over the next 10 years in stocks, said speakers at NICSA’s 30th Annual Conference and Expo.

Thomson Reuters announced the launch of a powerful new tool that supports investment professionals’ need for tighter integration between macroeconomic research and fundamental analysis.

The Money Management Institute (MMI) has hired data management vendor Coates Analytics to help the Institute in an initiative to compile the sales, distribution and other information of its broker-dealer sponsors and money managers—all on one system.

Advisors who make investment decisions on behalf of their clients in rep-driven managed accounts are very likely to see their business grow, according to projections by Cerulli Associates.