After five years of outflows — to the tune of $242 billion — American Funds is overhauling its approach to working with financial advisers. Jason Kephart has the details.
Thanks to the magic of time, five-year average returns for equity mutual funds are looking better by the month, and advisers should prepare to hear plenty about it.
SEC, other regulators, pass rule after three years of back and forth with Wall Street.
One year on, iShares' Core series is clawing back market share for BlackRock as price cuts, rebranding helps firm recover from case of “Vanguarditis.”
The sales team will increase over the next six to eight months to help the company cope with the evolving adviser business model, said Matt O'Connor, director of distribution in North America.
Firm will share how portfolios are managed but won't reveal performance and holdings
Exchange-traded bandwagon not dragging as new record set; inflows even in shunned sectors
After the Federal Reserve's economic stimulus helped gold jump 70%, the commodity dropped below $1,200 an ounce to a five-month low after the Fed said it would trim its monthly bond purchasing.
If you bought a U.S. equity fund this year, there's about a 98% chance you invested in a fund managed by Vanguard. Jason Kephart has the story.
Breakfast (with Benjamin) is served: Dividend ETFs losing luster as rates rise; Bernanke's last stand; nontransparent active ETFs; Obamacare's drag on health care; useless jobless claims data; and global New Year's traditions.
A trio of big name stock pickers are planning to close the door to new investors in another sign that there is a shortage of deals to be found in equities. That's good news, at least for some.
OppenheimerFunds' municipal bond funds have been rocked by big bets on Puerto Rican debt, stirring up memories of its Core Bond Fund's disastrous 2008. Jason Kephart has the story.
Mutual fund giant Fidelity Investments is getting aggressive in the low-cost battle over target date funds.
Over the past few weeks, Fidelity Investments has made strategic fee cuts and launched new products to ensure that its products are the cheapest in two categories in which the Vanguard Group Inc. has been eating their lunch for a decade.
The action in exchange-traded funds investing in India started heating up the day after Labor Day. Since then, the funds have had a 28% run that erased most of the losses they'd suffered this year, while the broader emerging markets are up 10%. ETF investors who want to amp up their exposure to India have options ranging from a broad basket of mostly large-cap stocks to a far-riskier bet focusing on small-caps.
Though not cost-free, products find favor and a key place in client portfolios.
The fact is, mutual funds come and go. And they come and go often, which is a reality that financial advisers should not only be aware of, but should be watching for lest their clients are left holding the bag of heavy tax and transaction consequences.
A close look at famous defunct ETFs and the lessons to be learned from their demise.
Seek redefinition of 'retail,' exclusion of tax-exempt funds.
For investors worried about rising interest rates, the new vehicles could be useful.
