Nearly 51 million U.S. households own mutual funds, representing 44% of all households.
Competition and demand for the best asset managers are fueling a growth in subadvised funds, which are gathering assets faster than those managed internally.
Although Fidelity Investments and Janus Capital Group Inc. recently designated multiple managers for specific portfolios, neither firm is abandoning their individual-portfolio-manager system.
As more products that aim to deliver regular payouts in retirement hit the market, many advisers are taking a wait-and-see approach before recommending them to their clients.
Many mutual fund trustees would like to repeal the Securities and Exchange Commission's 12(b)-1 regulation that allows mutual funds to use fund assets to pay for marketing, a Washington lawyer who represents mutual funds reports.
Board members and fund executives polled are now spending more than 50 hours per quarter managing board responsibilities.
ProShare Advisors launched two short exchange traded funds that are designed to generate inverse performance compared to the markets in China and Japan.
The funds include an international style-consistent growth fund and an asset allocation fund.
Rydex Investments has launched six ExpressShares exchange traded funds on the American Stock Exchange today, bringing the size of its ETF family to 30.
Mutual fund investors will learn the hard way at the end of this year that you can never keep the tax man away for long.
In a move criticized by some industry experts, ProShare Advisors LLC plans to introduce 48 exchange traded funds that use leverage to provide short or magnified exposure to commodities and currencies.
A Massachusetts investment advisory firm has launched a series of indexes based on actively managed mutual funds.
Mutual funds that charge redemption fees will not qualify as default investments under the Department of Labor's recently announced final rules.
The mutual fund industry and independent 401(k) service providers squared off last week before the House Ways and Means Committee over whether fees for various 401(k) services should be broken down in disclosures to employers.
It was the ETF Insider's index of the top 50 exchange traded funds' second-strongest month this year.
Tomorrow, WisdomTree Trust will debut an ETF offering exposure to small-cap stocks in emerging markets.
The new regulations from the Department of Labor covering qualified default investment alternatives will have widespread ramifications for both financial advisers and insurance companies.
Mutual fund companies catering to the first wave of baby boomers, now nearing retirement, may be neglecting younger boomers who have many more years of work still ahead of them.
Exchange traded funds are becoming a must-have for individual investors, but few of them know exactly what they are, how they work or what makes them different from their mutual fund cousins, advisers observed.
