As investors slowly dip their toes back into the stock market, mutual fund companies are cautiously hiring again.
With The Vanguard Group Inc. on its heels, Pacific Investment Management Co. LLC today launched new actively managed exchange-traded funds.
Now that exchange-traded funds can come to market with relatively little fuss, providers are readying to launch emerging-markets ETFs in what industry observers call an ill-advised attempt to jump on the latest trend.
Pacific Investment Management Co. LLC last week launched its first actively managed exchange-traded fund.
Fidelity Investments experienced outflows in its long-term mutual funds in October — the first time the fund behemoth has seen net outflows in months.
iShares, a unit of Barclays Global Investors, today launched an emerging-markets exchange-traded fund: the iShares MSCI Emerging Markets Eastern Europe Index Fund (ESR).
Despite troubling signs that investors aren't sold on new real estate investment trusts that plan to purchase distressed-mortgage assets — in many cases with the help of government financing — mutual fund managers still intend to take a close look at them.
Fidelity Investments experienced outflows in its long-term mutual funds in October — the first time the fund behemoth has seen net outflows in months.
These days, money market funds are investing only the safest securities.
Lord Abbett & Co. LLC has created a new website to provide financial advisers with direct acces to a range of information about the money management company's funds, as welll as broader financial information.
