Investments

PALM DESERT, Calif. -- Eileen Rominger, in her first appearance before a gathering of members of the mutual fund industry’s largest trade group, said that compliance with existing and forthcoming rules as well as robust regulation of these is essential to achieving and maintaining the trust and confidence of investors.

There is a strong correlation between fund stewardship and performance, Morningstar found in its 2011 Mutual Fund Stewardship Grade research study, which examined more than 1,000 funds from 40 fund complexes.

PALM DESERT, Calif. -- It’s been three years since the collapse of Bear Stearns – which occurred on the eve of the 2008 Investment Company Institute Mutual Funds and Investment Management Conference.

Vanguard is planning to launch an actively managed emerging markets equity fund that will be managed by four investment advisors.

Hedge funds around the world are ramping up their technology spending to provide better service to the growing mix of institutional clients they serve and to ensure they're well prepared to adequately meet increasing compliance and regulatory requirements.

Dreyfus has launched the Dreyfus Total Emerging Markets Fund, which will invest in equities, bonds and currencies. The fund will be managed by investment boutiques of Dreyfus parent company BNY Mellon Asset Management, with Standish Mellon Asset Management running the fixed income and currencies portion of the portfolio and The Boston Company Asset Management running the equities portion.

The market's 3% decline in the week ended March 19 may be the low from which the market will rebound, according to BlackRock Chief Equity Strategist Bob Doll.

It's almost exactly four years since the financial crisis began to erupt. On March 21, 2007, the Dow Jones Industrial Average stood at 12,278.73, as the first indications that the subprime mortgage market might crater had surfaced. On March 21, 2011, the Dow closed at 12,039.10, a mere difference of 1.95%.

The 171 respondents to the 2011 Money Management Executive Compensation Study were asked to express themselves in their own words on their level of satisfaction with their total compensation (base salary, bonus and benefits).

In Money Management Executive's first survey of its readership on their personal "profit" from this industry, the piggy bank looks full to about half the executives and managers polled ("Half Satisfied," p. 1). And not, to the other half.

The year had started off so well.

Despite heightened patches of political and economic instability around the globe in the first couple of months of 2011, many hedge funds of various strategies found ways to thrive, according to figures from Morningstar.

Tax-exempt money market funds gained a bit, reversing last week’s losses by generating $137.8 million of new cash and pushing total net assets to $322.2 billion in the week ended March 21, according to the Money Fund Report, a service of iMoneyNet.com.

Morningstar said its hedge fund database saw outflows of $1.5 billion, the second consecutive month of outflows.

Diversification is the best way to hedge against volatility, but now there are more ways to invest in volatility itself.

Lipper announced the winners of the United States Lipper Fund Awards 2011 Wednesday evening.

Oakmark’s McGregor wins inaugural “Lipper Award for Excellence in Fund Management”

Aite Group's report concludes that whatever burden comes of Dodd-Frank and the EU Directive on Alternative Investment Fund Managers for hedge funds and their managers will be at least as expensive and time-consuming for the regulators looking to enforce more stringent reporting standards outlined in the law.

While corporations, consumers and governments are trying to get back on their feet following the global recession, continued volatility is pushing investors, especially high-net-worth investors, to pour their money into alternatives, which allow for broader diversification, said Gurinder Ahluwalia, president of Genworth Financial Wealth Management, at a media roundtable on diversification and new asset classes in New York.

ProShares fund to provide investors inverse exposure.