Tool will help ETF providers to focus their marketing and educational materials on the needs of advisers.
Management isn't convinced it needs the marketing fees to attract assets; 'bang for the buck'?
Investors in three of Fidelity Investments' mutual funds have the most to lose in the wake of the resignation of Hewlett-Packard Co. chief executive Mark Hurd, though analysts said that they think that the stock is a better buy now as a result of the scandal.
Morningstar Inc. has introduced three mutual fund categories to make it easier for investors and financial advisers to do specific searches and more accurate peer comparisons.
The Securities and Exchange Commission's proposal last week to revamp 12(b)-1 fees could have a number of unintended consequences that could hurt investors rather than help them, according to some observers.
The Securities and Exchange Commission's proposal this week to revamp 12(b)-1 fees is likely to leave investors with less choice in how they purchase funds, according to Dale Brown, president of the Financial Services Institute Inc.
Janus Capital Group Inc. has introduced a value income fund using managers from both its internal fixed-income team and its Perkins Investment Management LLC subsidiary.
The Securities and Exchange Commission has proposed eliminating the 12(b)-1 label, instead requiring fund firms to disclose 'marketing and service fees.' Those charges would be capped at 25 basis points.
The Securities and Exchange Commission on Wednesday is expected to propose revamping the structure of 12(b)-1 fees, according to people familiar with the situation.
Unicredit Group SPA will send out the pitch book next month for its Pioneer Global Asset Management SPA unit — with a breakup of the subsidiary likely, according to investment bankers familiar with the discussions.
