Investing

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MUTUAL FUNDS JUN 06, 2007
'American' No.1 in int'l funds, says study

American Funds' offerings led the international category in the first quarter, says Cerulli Associates.

By Bloomberg
ETFS JUN 05, 2007
WisdomTree creates real estate ETFs

WisdomTree Investments today announced the launch a new dividend-weighted exchange traded fund that invests in international real estate.

By Bloomberg
MUTUAL FUNDS JUN 05, 2007
Mutual funds back firms on pay

Mutual funds continue to support the lion's share management-backed proposals that determine how top executives are paid, according to a new report.

By Bloomberg
ALTERNATIVES JUN 04, 2007
Highbridge poaches exec from Goldman

Highbridge Capital Management has hired former Goldman Sachs investment banking co-head Scott Kapnick top launch a new private equity business.

By Bloomberg
ETFS JUN 04, 2007
ETFs are finding favor among brokers

The recent setting aside of the broker-dealer exemption rule could make the brokerage community one of the hottest markets for exchange traded funds — a dramatic reversal from the way ETFs were viewed by brokers just a few years ago.

By Bloomberg
MUTUAL FUNDS JUN 04, 2007
Mutual funds herdlike in director voting, study says

PHILADELPHIA — When it comes to voting their proxies in elections for corporate directors, mutual fund companies prefer not to stand out from the crowd.

By Bloomberg
MUTUAL FUNDS JUN 04, 2007
The Hartford launches three mutual funds

BOSTON — The Hartford Mutual Funds, where assets have more than quadrupled since 2000, added three funds last week, including two requested specifically by financial advisers.

By Bloomberg
MUTUAL FUNDS JUN 04, 2007
American Century to bolster adviser-sold menu

BOSTON — In an effort to reverse outflows and attract new assets, American Century Investments is stepping up its efforts to sell mutual funds through financial advisers.

By Bloomberg
MUTUAL FUNDS JUN 04, 2007
401(k)s pose challenges for advisers

CHICAGO — According to a new white paper, although 83% of plan sponsors who used financial advisers were very satisfied with them, 42% of surveyed sponsors didn’t even use one.

By Bloomberg
MUTUAL FUNDS JUN 01, 2007
The Hartford launches three mutual funds

The Hartford Mutual Funds, where assets have more than quadrupled since 2000, added three funds last week, including two requested specifically by financial advisers.

By Bloomberg
MUTUAL FUNDS JUN 01, 2007
American Century turns to advisers

Trying to reverse outflows and attract assets, American Century Investments is beefing up its adviser channel.

By Bloomberg
MUTUAL FUNDS JUN 01, 2007
Mutual funds herdlike in director voting

When it comes to voting their proxies in elections for corporate directors, mutual fund companies prefer not to stand out from the crowd.

By Bloomberg
ALTERNATIVES MAY 31, 2007
Man Group to launch hedge fund IPO

Hedge fund manager Man Group plans to list one of its hedge funds on the NYSE this fall – and today announced a strong annual profit.

By Bloomberg
ALTERNATIVES MAY 31, 2007
Idaho hedge fund manager pleads guilty

The former head of an Idaho hedge fund firm pleaded guilty to securities fraud, according to published reports.

By Bloomberg
ALTERNATIVES MAY 30, 2007
Goldman's lead hedge fund takes hit

Global Alpha, Goldman Sachs’ flagship hedge fund, fell 3.4% during the first four months of this year.

By Bloomberg
RETIREMENT PLANNING MAY 29, 2007
New 401(k) platform features iShares

A new 401(k) plan featuring iShares ETFs from Barclays Global Investors is now available.

By Bloomberg
ETFS MAY 29, 2007
State Street to launch SPDR ETFs

State Street Global Advisors announced five new fixed-income SPDR ETFs will begin trading on the American Stock Exchange tomorrow.

By Bloomberg
ALTERNATIVES MAY 29, 2007
Atkins eyed as CFTC head, says report

Paul S. Atkins, a commissioner of the SEC, is in line to head up the Commodity Futures Trading Commission, the Financial Times reported.

By Bloomberg
MUTUAL FUNDS MAY 29, 2007
Presto! SEC loses another battle Cookware maker

WASHINGTON — The Securities and Exchange Commission is on a roll in the courts — but not a good one.

By Bloomberg
MUTUAL FUNDS MAY 29, 2007
RiverSource aims to improve image

RiverSource Funds — formerly American Express Funds — ranked as last year’s third-best-performing mutual fund group by one measure and now is waging a battle to improve its image and reverse investor outflows by sometime next year.

By Bloomberg