Even though equities are already riding the stock market's rally since March, they are still too attractive to ignore, according to Margie Patel, who manages nearly $1 billion in two balanced funds for Evergreen Investments.
A second commodity-linked iPath exchange-traded note issued by Barclays Bank PLC – the iPath Dow Jones-UBS Platinum Subindex Total Return Exchange Traded Note (PGM) – stopped trading today due to an “ongoing regulatory review” of such products, the bank said in a statement.
With the U.S. dollar staging a surprising rally, investors who have piled into foreign stock and bond funds may get burned, some market watchers say.
The three winners of the 2009 Fund Manager of the Year awards announced today by Morningstar Inc. all have one thing in common: they all stuck to their investment strategies during a difficult period, laying the groundwork for last year's success.
The last of the big Wall Street banks' efforts to repay TARP funds met with mixed results in the stock market last week — a cautionary tale for investors who are looking to dabble in the financial services sector.
The market may have rallied over the past several weeks, but Bill Gross is sticking to his opinion that investors will never again see the returns and profits of a few years ago.
Exchange-traded funds potentially make it easier for financial advisers to build a well-diversified portfolio that limits volatility by spreading risk. But the proliferation of more exotic ETFs — particularly leveraged and inverse ETFs — could blunt their diversification potential.
More financial advisers are now using exchange-traded funds than ever, but these investments still have a long way to go before they'll occupy a significant chunk of clients' portfolios.
Caterpillar Inc.'s announcement that it has reached a tentative settlement over the fees it charged its 401(k) plan participants may be bad news for plan sponsors, their advisers and mutual fund companies.
Morgan Stanley executives plan to sell the Van Kampen mutual fund business and Invesco Ltd. has emerged as the leading bidder among those invited to look at the unit, according to market sources who declined to be identified.
The executive in charge of distributing Janus Capital Group's mutual funds through financial intermediaries and international channels is stepping down Oct. 31.
Lord Abbett & Co. is offering discounts to clients who open an individual retirement account by April 15.
WisdomtTree Investments Inc. today launched an exchange-traded fund for investors who want to maintain exposure to international stocks without losing out to a rising U.S. dollar that could eat into returns.
David Ruder, founder of the Mutual Fund Directors Forum, is retiring as its chairman but will continue as chairman emeritus of the organization.
High on the mutual fund industry's “to do” list is defeating legislation that would impose a $150 billion-per-year tax on securities transactions.
A Supreme Court ruling expected this year on the standards that courts use to determine when mutual fund fees are excessive, and a renewed focus by the SEC on 12(b)-1 fees, guarantee that the mutual fund industry will spend a good deal of time debating fees in 2010.
The rally in commodities over the past few weeks has been closely linked to the weakness of the U.S. dollar, according to Charl Malan, who is part of the investment team managing $1.7 billion in two commodity funds at Van Eck Global.
If the trend is your friend, U.S. large-cap stocks will be the place to invest over the next several months, says Jim Porter, manager of the Aston/New Century Absolute Return ETF Fund (ANENX).
