U.S. exchange-traded funds took in $56.3 billion for the first half of this year, an increase of more than 50.9% from the first half of 2010, according to State Street Global Advisors' mid-year SPDR outlook.
As exchange-traded funds grow in popularity, more financial advisers are using model ETF portfolios as a low-cost way of managing their clients' money
After waiting for months and in some cases years, fund companies are starting to see progress on their applications to launch actively managed exchange-traded funds, according to several fund executives
Regulator claims marketing material produced by B-D was misleading; settlement reached
Steve Baffico, head of U.S. retail at Guggenheim Funds Distributors Inc., has resigned
Investors are continuing to flee American Funds' offerings. Three funds from the group, a favorite of advisers, made the top five in most outflows for the first half of the year.
Fidelity today launched four new muni bond funds. So what? Well, these tax-exempt offerings actually mimic target date funds. In theory, this new breed of muni fund should lower interest-rate risk.
Bruce Berkowitz appears to be staying away from some of his more controversial stock picks in his newest fund, The Fairholme Allocation Fund. Among the most notable absences from the top holdings of the new fund are American International Group — the flagship Fairholme Fund's top holding — and St. Joe Corp., which has received much press and attention from investors.
