Mutual fund and ETF investors invested more than $55 billion in stock and bond funds last month, marking the second straight month of $50 billion plus in net inflows to long-term funds,
Rydex Investments, now Rydex SGI, is repositioning itself to focus on an expanded set of asset management capabilities.
The ETFs are the RP Growth ETF, RP Focused Large Cap Growth ETF, RP Technology ETF, and RP Financials ETF. They are expected to carry a 0.89% expense ratio, and begin trading on Sept. 1.
The stellar returns that junk bond funds are generating are unsustainable and will come to an end, fund managers and financial advisers agree, but they disagree on when that will be.
Mutual fund managers weary of trying to spin negative trailing returns are suggesting that investors look at rolling returns, but those are often difficult to obtain and can be misleading, some say.
Pacific Investment Management Co. LLC today launched its first exchange traded fund and filed with the Securities and Exchange Commission to offer six more.
Thanks to unprecedented market volatility, widely followed style indexes published by Russell Investments are expected to look substantially different at the end of the month when the firm's stock indexes are re-balanced.
Fund managers, urging financial advisers not to pull client assets out of underperforming funds, painted 2008 as an anomaly at the Morningstar Investment Conference 2009 in Chicago last week.
Actively managed exchange traded funds are finally starting to trickle into the market.
Mutual funds that invest in technology stocks are producing great returns — a sign that the market in general is improving, some say — and investors are starting to respond.