Emerging-markets equity and bond funds, along with global bond funds, experienced substantial inflows over the last week, an indication that investors are now moving farther out on the risk curve, according to a report from Emerging Portfolio Fund Research Inc.
Lord, Abbett & Co. LLC is exiting the business of offering bundled 401 (k) plans — and has agreed to transition its nearly $1.2 billion in 401(k) assets to The Hartford Financial Services Group Inc.
Putnam Investments of Boston today tweaked its slate of target date funds, and unveiled a new hybrid strategy across its platform of retirement fund offerings.
Massachusetts Secretary of the Commonwealth William Galvin's Division of Securities sent a letter yesterday to Judge Paul Gardephe of the U.S. District Court for the Southern District of New York to oppose any proposals to “claw back” money from investors in The Reserve Primary Fund who withdrew their investment just prior to the fund's closure.
Not many mutual fund managers have a 19-year tenure on a fund, and only a handful of them were able to outperform their peers in all three major bear markets of the past two decades.
Despite the challenges of the epic market downturn of 2008, the $1.1 billion Hussman Strategic Total Return Fund delivered a positive return last year.
The Vanguard charitable fund has seen a double-digit increase in contributions this year, while comparable funds at Fidelity and Schwab didn't fare as well.
Asset managers are courting RIAs with a slew of marketing and education materials. Yet, advisers aren't always impressed with the outreach, according to a new survey from Morningstar and SwanDog.
One year after the fall of Lehman Brothers Holdings Inc. and the start of the financial meltdown, investors still appear to be anxious that a market collapse could happen again — and they're changing how they invest as a result.
Many consumers see value in investing in mutual funds no matter how bad the economy is, organizers of a unique road race have found.
