Even as ETFs continue to take market share away from mutual funds and gain more popularity with retail investors and advisers, officials for Fidelity Investments are maintaining that the fund giant is unlikely to expand its proprietary exchange traded fund lineup.
Total money market mutual fund assets fell by $12.07 billion to $3.581 trillion for the week, the Investment Company Institute said yesterday.
ProShares Advisors LLC announced today the launch of a third exchange traded fund that lets investors bet on a downturn in long-term U.S. Treasury bonds.
A key federal regulator is asking lawmakers to tighten legislation imposing broad new oversight on derivatives by going beyond the Obama administration's proposal in several areas governing the complex financial instruments blamed for hastening the global economic crisis.
Actively managed domestic equity mutual funds underperformed their benchmarks for the past five years, according to Standard & Poor's Index vs. Active Fund Scorecard released today.
Two law firms are investigating potential claims on behalf of retail investors who purchased leveraged, inverse and leveraged-inverse exchange traded funds and held them in their brokerage accounts for longer than one day.
Construction of single-family U.S. homes rose 1.7 percent in July, the fifth-straight monthly increase as builders poured foundations at the fastest pace since last October, the Commerce Department said Tuesday.
Most asset management firms have reduced — and will continue to reduce — the amount of money they spend to lure financial advisers to their mutual funds, a study has found.
The Securities and Exchange Commission today got behind the Financial Industry Regulatory Authority Inc.'s effort to alert investors about the potential pitfalls of leveraged, inverse and leveraged-inverse exchange traded funds.
John Jerry Inskeep Jr., co-founder of Columbia Management Co., the first mutual fund firm in Oregon, died Aug. 16.
The National Association of Home Builders said Monday its housing market index rose in August to the highest point in more than a year, as homebuyers hurried to take advantage of a federal tax credit before it expires.
The Vanguard Group Inc. last week filed a registration statement with the Securities and Exchange Commission to offer seven bond index exchange traded funds in what some industry experts think will be a direct challenge to iShares, the dominant fixed-income ETF provider.
More banks are expected to fail by the end of the year, but analysts still expect their stocks to continue to gain value.
The Department of the Treasury last Tuesday sent to Capitol Hill the final piece of its financial regulatory reform legislation, a 115-page bill aimed at reforming regulation of over-the-counter derivatives.
A number of financial trends have made emerging economies the high-growth option for international investing.
After gaining an average of 13.9% last year, managed-futures funds have come back down to earth this year as their managers sit with cash and look for signs of a discernable market trend.
An American Bar Association task force studying mutual funds' use of derivatives will likely recommend measures to ensure that investors and fund directors are better-informed about the risks associated with the use of the complex financial instruments.
The Vanguard Group Inc. has restricted investments in its Primecap Core Fund to high-net-worth clients.
Tremont Group Holdings Inc., which lost more than $3 billion in the Bernard Madoff scam, will auction off its remaining hedge fund assets in an attempt to pay its investors, The Wall Street Journal reported.
