The number of U.S. households on the verge of losing their homes dipped in May from April, and the annual increase was the smallest in three years.
Barclays Global Investors North Asia Ltd. announced today that iShares, the firm’s exchange traded fund unit, has expanded its Asia management team.
The ETFs are the RP Growth ETF, RP Focused Large Cap Growth ETF, RP Technology ETF, and RP Financials ETF. They are expected to carry a 0.89% expense ratio, and begin trading on Sept. 1.
Natixis Global Associates, the distribution arm of Natixis Global Asset Management, today announced that it will close the Vaughan Nelson Small Cap Value Fund (NEFJX) to new investors, effective July 31.
The stellar returns that junk bond funds are generating are unsustainable and will come to an end, fund managers and financial advisers agree, but they disagree on when that will be.
Private-equity firms are turning to infrastructure investing now that the credit crisis and deepening recession have put their traditional leveraged-buyout businesses into suspended animation.
Certificates of deposit that link investment returns to stock market indexes are helping prop up the sagging structured-products industry.
Mutual fund managers weary of trying to spin negative trailing returns are suggesting that investors look at rolling returns, but those are often difficult to obtain and can be misleading, some say.
After being written off as an asset class just a few short months ago, emerging-markets equities are back.
ProShare Advisors LLC is extending its dominance of the leveraged exchange traded funds market with the launch of four strategies, the company announced today.
The Malvern, Pa.-based fund firm will merge the $6.7 billion Vanguard Treasury Money Market Fund (VMPXX) into the lower-cost $21.8 billion Vanguard Admiral Treasury Money Market Fund (VUSXX).
The reductions are being made across all companies and departments among the firm’s 9,000 employees, said Chuck Freadhoff, spokesman for American Funds.
A pair of unrelated Boston-based hedge funds managing a total of more than $1.3 billion separately told investors today they're shutting down and returning investor cash because of recent disappointing performance.
Pacific Investment Management Co. LLC today launched its first exchange traded fund and filed with the Securities and Exchange Commission to offer six more.
The number of U.S. homebuyers who agreed to purchase a previously occupied home in April posted the largest monthly jump in nearly eight years, a sign that sales are finally coming to life after a long and painful slump.
Long-term bond yields climbed sharply on today as improving sentiment on the economy sapped demand for government debt.
The Reserve Management Co. of New York has announced that the liquidation of the Reserve U.S. Treasury Fund (RUTXX) and distribution concluded May 29.
Private-equity firm Brookstone Partners today announced the launch of Brookstone Partners Asset Management, an independently operated investment advisory group.
Several economic gurus have seized on the recent rebound in equities to offer a generally upbeat view on a broader recovery, waxing poetic about the emergence of “green shoots” and their general feeling that a bottom in the U.S. economy may have been reached.
