Mutual funds

Investors poured an estimated $13.17 billion into equity, bond and hybrid mutual funds during the week ended Wednesday, Feb. 8, the largest weekly inflow this year.

Wave Management AG, the asset management unit of the German VHV insurance group with over €14bn in assets under management, has chosen SimCorp Dimension as its future investment management system

The U.S. economy may be growing. But confidence in it isn't, said economic futurist Jeff Thredgold.

Never a Moment to Lose

At Oppenheimer Funds, even customer service representatives become stewards of the quality of data. Who should own your data?

'I truly believe that we've entered the greatest bull market in the history of advice and it will continue for decades to come,'' the president of national sales and marketing for LPL Financial said Tuesday.

A year ago, marketing of a digital mailbox service for delivery of bills, fund documents and everything under the sun was supposed to start by mid-year. It’s going to happen this year, a vice president for digital strategy at Broadridge Financial Solutions says. Really.

BNY Mellon Asset Servicing has developed a new platform, OmniAccess, that will make it easier for asset managers and broker-dealers to post, process and view data related to their omnibus, or combined futures, accounts.

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.

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?

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

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?