Legg Mason Inc. yesterday filed papers with the Securities and Exchange Commission seeking permission to offer actively managed exchange-traded funds.
Pax, based in Portsmouth, N.H., plans to list three ETFs on NYSE Arca, a division of New York-based NYSE Euronext, according to a Securities and Exchange Commission filing last week.
Firm teams with Western Asset Management to launch actively managed fixed-income fund
Commission-free ETFs are good, but they may not be best.
Invesco PowerShares Capital Management LLC today unveiled the first exchange-traded fund to invest in an index of closed-end funds.
U.S. equity mutual funds and exchange-traded funds posted a seventh straight week of inflows — their longest winning run since a nine-week stretch that ended in the forth quarter of 2004 — according to data released today by EPFR Global, an industry data provider.
The technology sector is white hot these days. If you're not buying it, just look at the Nasdaq, which has been leaving the other indexes swimming in its wake.
Thirtysomething new-product developers, look out.
Mutual funds saw inflows of $44.5 billion in January, according to report released today by Morningstar Inc.
Bruce Bond is stepping down as chief executive of Invesco PowerShares Capital Management LLC, the exchange-traded-fund provider he founded in 2003.
Although actively managed exchange-traded funds are just in their infancy, many financial advisers and even some ETF providers have already written them off.
Eaton Vance Management and Invesco PowerShares on Tuesday announced new investment products offering exposure to the government's Build America Bonds stimulus program, which seeks to spur construction and repair projects by state and local governments.
Rumors have been flying of late that Fidelity Investments may be looking to expand its proprietary exchange-traded-fund lineup. Now sources say the firm has been ramping up talks with index providers and other partners to do just that.
A stalled proposal hammered out last year to permit exchange traded funds to operate without having to obtain individual exemptive orders may finally see the light of day -- and soon.
This month's Featured Fund of the Month is the Vanguard Growth Index Fund (VUG, $54.90 at close of business on March 11, 2010), which carries Standard & Poor's highest ETF ranking of “Overweight.”
That's good news for advisers, many of whom are on the lookout for exchange-traded funds that aren't passively managed
The firm announced plans for a new core line up of exchange-traded funds based on Wilshire Associates' indexes.