Proposed entity would be capitalized by the prime-money-market-fund industry.
According to a new study, many advisers reported that an increasing dependence on internal wholesalers is accompanied by dissatisfaction with the accessibility and responsiveness of those reps.
The time is right for higher quality companies to start leading the stock market rally, according to Steven Pollack, manager of the Robeco Boston Partners Mid Cap Value Fund (BPMIX).
Hoping to address the income needs of retiring baby boomers, providers of exchange-traded funds are gearing up to introduce new income-oriented products.
A federal judge on Wednesday ordered The Reserve Primary Fund, which last year roiled the $3 trillion money-market industry by "breaking the buck," to pay out its remaining assets to shareholders waiting to get their money back.
No word on why longtime municipal bond manager Robert MacIntosh is leaving the company
President Barack Obama during his State of the Union address called for increasing taxes on investment fund managers, oil companies and those making more than $250,000 a year.
The time is right for higher-quality companies to start leading the stock market rally, according to Steven Pollack, manager of the Robeco Boston Partners Mid Cap Value Fund (BPMIX).
Exchange-traded-fund providers said last week that they are willing to consider joining a proposed ETF trade organization, but only if it could prove its value.
Finding stocks to sell short is like “shooting fish in a barrel,” according to Harry Rady, chief executive and portfolio manager at Rady Asset Management LLC.
After being battered by a rough market in 2008, target date funds continued to face the problems of attracting consistent contributions from participants, controlling the amount of pre-retirement distributions and discouraging investors from bailing out after they retire, according to a report from J.P. Morgan Asset Management.
If timing is everything, the mutual fund industry couldn't have picked a worse time to launch managed- payout funds.
The moral of the story? Look beyond past fund performance for winners of tomorrow.
Jacques Perold was named head of Fidelity Investments' $1.4 billion asset management group, which includes Pyramis Global Advisors, said Vincent Loporchio, spokesman.
The actively managed exchange-traded-fund market is expected to explode as top mutual fund companies consider entering the business or expand their lineups.
Exchange-traded-fund providers said today they are willing to consider joining a proposed ETF trade organization, but only if it could prove its value.
Exchange-traded commodities funds will evolve and prosper, despite having drawn the attention of regulators concerned that they may have helped fuel a run-up in oil and natural-gas prices, according to a panelist at the <i>InvestmentNews</i> ETF Insights virtual conference last week.
T. Rowe Price's target-date fund family was the best performing in 2009, followed closely by funds from John Hancock, according to Russell Investments research.
