Nearly two years after her ouster from Morgan Stanley, Zoe Cruz, the firm's former co-president, is now plotting to launch her own alternative investment shop.
Total money market mutual fund assets rose by $16.72 billion to $3.446 trillion for the week, the Investment Company Institute said Thursday.
Mutual-fund manager Franklin Resources Inc. said Thursday it ended September with 3 percent more assets under management than at the same time a year earlier.
Exchange-traded-fund assets reached an all-time high of $695 billion at the end of last month, according to data released today by State Street Global Advisors.
Hedge funds produced positive returns for the seventh consecutive month in September, with the HFRI Fund Weighted Composite index gaining 3.02% for the month, according to data from Hedge Fund Research.
Larger financial institutions shedding their asset management business accounted for the bulk of mergers-and-acquisitions activities in the third quarter, a trend that will continue in the months ahead, according to a report today from the financial-institutions group of Jefferies & Co. Inc.
A study by university researchers suggests the adage about horses not drinking even if you lead them to water is also true of mutual fund investors.
Grail Advisors LLC filed to offer two actively managed exchange traded funds: the Grail McDonnell Intermediate Municipal Bond ETF and the Grail McDonnell Core Taxable Bond ETF.
The number of mutual fund firms sending out summary prospectuses is trending upward, as providers gear up for a new rule that will require more disclosures next year, according to data released today by NewRiver Inc.
Barclays Global Investors has launched the iShares Charitable Giving Program, which offers clients access to donor-advised funds using pools of its exchange-traded funds.
The Achilles heel of hedge funds — tax inefficiency — could soon send investors limping toward other options.
Exchange-traded funds that invest in municipal bonds are gaining in popularity, but some industry watchers think that mutual funds are a better option.
Unemployment is expected to remain at elevated rates for the next two years, Boston Federal Reserve Bank president and chief executive Eric Rosengren said at a meeting of the Greater Boston Chamber of Commerce today.
Exchange-traded funds that invest in municipal bonds are gaining in popularity, but some industry watchers believe that mutual funds are a better option.
Emerging markets could be the next bubble to watch out for, but the doesn't mean the run is over yet, according to John-Paul Smith, chief strategist for Pictet Asset Management Ltd.
Mutual fund companies are under more pressure to lower fund expenses at a time they're being squeezed by distributors for more cash, said speakers at a mutual fund conference today in Boston.
Trading will begin tomorrow on four actively managed exchange-traded funds launched by Grail Advisors LLC.
Virtus Investment Partners Inc. has received shareholder approval to convert two funds of mutual funds using target risk strategies into more aggressive sector rotation funds investing in exchange-traded funds.
Lenders are ramping up efforts to avoid home foreclosures, but a report by bank regulators says more than half of borrowers who get help fall behind again.
