Financial advisers' loyalty to American Funds appears to be waning, as the firm saw the largest outflows of any fund company for the first half of this year.
Suit filed by shareholder over statements made in firm's fund prospectuses could cause 'flood tide of additional securities litigation,' critics claim
Once bidding starts for N.Y. plan, investor fees will likely fall; 'egregiously overpriced'
AllianceBernstein LP, Franklin Templeton Investments and Waddell & Reed Financial Inc. are the three publicly traded mutual fund companies with the most at stake pending the Securities and Exchange Commission's 12(b)-1 reform.
Management at Northwestern Mutual Life Insurance Co. has decided that Russell Investments is not a core asset and is seriously considering putting the $140 billion asset manager up for sale, according to a number of investment bankers and industry observers.
Target date funds run by MFS Investment Management, Putnam Investments and other big mutual fund companies exhibit higher-than-average turnover, raising concerns over whether investors, or their advisers, are aware of the funds' composition.
Trademark lawsuit could make it harder to pick meaningful abbreviations; 'rush for good ticker symbols' coming?
Hartstein believes final rule will be dramatically different than current plan; will it be scrapped?
The Hartford Financial Services Group Inc. has tapped Jim Davey, head of the company's retirement division, to run its mutual fund business.
Analysts question whether planned cost savings will be offset by proposed cap on mutal fund fees
