The upside of nearly two decades of mounting levels of government and consumer debt is a solid foundation for a secular run by consumer staple companies, according to Ralph Shive, manager of the $1.5 billion Wasatch-1st Source Income Equity Fund Ticker:(FMEIX).
Thirtysomething new-product developers, look out.
Money market funds will have to disclose on a delayed basis their fluctuating “shadow” net asset values rather than their $1-per-share value, thanks to a rule that the SEC adopted last week.
Total money market mutual fund assets fell by $36.22 billion to $3.090 trillion for the week, the Investment Company Institute said Thursday.
But assets in institutional money market funds shrank last week, says ICI
Money market funds will have to disclose on a delayed basis their fluctuating “shadow” net asset values rather than their $1-per-share value, thanks to new rules adopted today by the Securities and Exchange Commission.
Fidelity Investments says it still isn't offering third-party target date funds on its adviser-sold 401(k) platform. Not all fund companies signing on to the platform understand that to be the case, however.
Trying to capture some of the more than $3 trillion in cash sitting in client accounts, advisers are looking outside the style box to identify those undiscovered funds that have the potential to be tomorrow's gems.
Financial advisers and branch managers chose American Funds as the firm which best meets their needs for marketing materials, according to a study released today by Financial Research Corp.
The Securities and Exchange commissioner says "vague and confusing" language describing target date funds led to investor confusion when investments performed poorly during the market downturn.
Preparing for a shift in the economic climate, several fund companies are launching funds designed as inflation hedges.
Stock picking in the current market requires a renewed focus on corporate economics and balance sheets, said Larry Coats, manager of the Oak Value Fund (OAKVX).
Allianz Global Investor Solutions is planning to lower the fees on its target date and target risk funds in the next few months, according to a firm executive.
Fidelity Investments is discussing adding non-proprietary target date funds to its adviser-sold 401(k) platform.
Because financial products generally are sold and not bought, financial services companies traditionally have been great sales machines and lousy marketers.
Mutual funds saw inflows of $44.5 billion in January, according to report released today by Morningstar Inc.
After nearly four years of linking its management fee directly to its investment performance, TFS Small Cap Fund (TFSSX) is raising the white flag and reverting to a more traditional static expense ratio.
Corporate-dividend payouts have fallen over the past few years, but the bottom is now in sight, according to Job Curtis, manager of the $570 million Henderson Global Equity Income Fund (HFQAX).
