Fidelity's VIP Contrafund Portfolio will be managed by a multi-manager group of seven managers.
Barclays has launched eight exchange-traded notes to track commodities on NYSE Arca today.
The Claymore/Zacks Dividend Rotation ETF will follow the Zacks Dividend Rotation Index from Zacks Investment Research Inc.
Investors pumped $45.2 billion into the hedge fund industry during the third quarter, according to data from Hedge Fund Research.
Dwindling assets and intense regulatory scrutiny continue to take their toll on mutual fund B shares, which at the current rate of attrition are likely to become nearly extinct inside five years.
It is difficult to evaluate funds and strategies that haven't yet established a track record, but the <b>Aston/Neptune International Fund (ANIIX) </b>comes to market with a certain pedigree and a legitimate strategy for investing outside the United States.
Let's say you paid $7 each back in early 2003 for 1,000 shares of a struggling Cupertino, Calif.-based personal-computer and consumer electronics company that was trading at a fire sale price based on a classic fundamental- valuation metric.
Lord Abbett & Co. has added Marybeth Leithead as a portfolio manager on its Municipal Bond team.
The U.S. Supreme Court will take up a case that could affect state taxes on municipal bonds, published reports said.
Merrill Lynch has launched an independent broker-neutral platform for its prime brokerage clients in the hedge fund industry.
SPA ETFs, an affiliate of London & Capital, today launched its first U.S. equities-focused ETF on the American Stock Exchange.
Hedge funds pulled out of this summer’s market havoc, recording average returns of 2.44% for the third quarter, according to Morningstar Inc.
Financial advisers who are frustrated over perceived shortcomings in mutual-fund- rating systems soon will have a new prism through which to view funds.
In its quest to push for divestment in Sudan, the San Francisco Bay Area Darfur Coalition has decided to go underground to fight a major mutual fund company.
State Street Global Advisors today launched three new fixed-income exchange traded funds on the American Stock Exchange.
Four prominent Major League Baseball players are major investors in a hedge fund that was launched last spring, according to Bloomberg.
The Municipal Securities Rulemaking Board will consider amending Rule G-14 to heighten securities’ transparency.
Hundreds of exchange traded funds may not see the light of day, because seed capital for such funds is drying up.
ETF assets increased by 9.7% in September, as 15 new funds were launched, according to State Street.
Hedge fund investors are likely to get burned, said John Gunn, chief executive of Dodge & Cox.