Glavin says firm is mulling possibility of converting mutual funds into exchange-traded funds; won't introduce 'clones'
Firm plans to reinstate charges when yields rise; for now, asset manager will 'forgo profitability'
Huntington Asset Advisors Inc. may be the first fund company to convert an existing mutual fund into an actively managed exchange-traded fund, but it won't be the last, some observers predict.
The recent wave of panic sweeping across the municipal bond market is creating buying opportunities for professional money managers, according to Josh Gonze, manager of the $4 billion Thornburg Limited Term Municipal Bond Fund Ticker:(LTMIX).
F. William McNabb III has had an eventful time since he became president and chief executive of The Vanguard Group Inc. in August 2008
Genworth Financial announced that it has reached an agreement to acquire alternative-investments platform Altegris Advisors LLC for approximately $35 million.
Firm has launched six such funds in the past two months – with more on the way
ING Group is talking to “several parties” regarding the sale of parts of its ING Real Estate Investment Management business, spokeswoman Victorina de Boer confirmed.
Ford Motor Co. Ticker:(F) president and chief executive Alan Mulally has been named 2010 CEO of the Year by Morningstar Inc.
The financial formula in Illinois: Take in $2, spend $3, borrow the difference at exorbitant rates. No wonder Pimco's Bill Gross and other muni bond experts say the state is facing the 'fiscal abyss.'
Standard & Poor's Financial Services LLC is bullish on large-cap stocks — and is giving a nod to Walden Asset Management, Invesco Ltd. and Brown Brothers Harriman & Co. as three firms that could produce top-performing large-cap mutual funds in 2011.
Withdrawals at fever pitch, highest in two years
A recovering economy is laying the foundation for a rally in large-cap stocks, according to Philip Tasho, chief executive and chief investment offer at Tamro Capital Partners LLC, a $1.3 billion asset management firm.
Smaller U.S. companies are rallying the most since 2003 relative to the Standard & Poor's 500 Index, a sign to BlackRock Inc. and JPMorgan Funds that the economy will strengthen and spur a third year of gains for investors.
Financial advisers are upbeat about prospects for stocks in 2011, with many predicting that last year's broad market surge will continue into this year.
Yes, the Dow will top 14,440 next year -- if the past is any guide. In fact, historical trading patterns indicate that a record run-up in the market is almost inevitable. Your move.
As investors make their resolutions for 2011, many should resolve to take on more risk.
Prices dropping amid year-end blitz of offerings; buying individual bonds — not bond funds — the wisest course, say money managers
Yields hit four-month high in face of rising unemployment, dour forecasts; shrinking supply seen in 2011
