Invesco PowerShares Capital Management LLC said today that it plans to close 19 of its current 135 exchange traded funds.
Mutual fund assets grew by 2.3% in March, according to a report released by the Investment Company Institute.
The monthly auctions of 30-year bonds follows Treasury's decision just three months ago to double the frequency of the auctions from four times annually to eight.
A grand jury has indicted a Florida hedge fund manager who disappeared for two weeks before surrendering to face criminal charges.
AdvisorShares Investments LLC appears to have moved a step closer to launching its first actively managed exchange traded fund.
The Securities and Exchange Commission has obtained a court order freezing the assets of a Connecticut hedge fund manager who allegedly bilked investors of $30 million by inflating the size of two of his funds.
Four out of the top 10 largest mutual funds on Doug Fabian’s <a href=http://www.mutualfundlemonlist.com>Lemon List</a> for the first quarter were from Fidelity Investments.
Home prices dropped sharply in February, but for the first time in 25 months the decline was not a record, another sign the housing crisis could be bottoming.
Dealing with the declining value of their clients' homes, financial advisers are adjusting retirement plans and coming up with new ways to compensate for the wealth loss.
A little more than a week after they were first issued, sales of Build America Bonds have reached nearly $10 billion and are climbing.
Investment adviser Hennessee Group LLC and its principal, Charles Gradante, have been charged with securities law violations by the SEC for failing to perform an advertised review and analysis before recommending Bayou Management LLC hedge funds that were later discovered to be a fraud.
Government support of a green economy and the likelihood of rising oil prices are creating opportunities in alternative energy, according to Calvert Asset Management.
Hedge funds posted small gains last month following the rally in the equity market, according to a Morningstar report released today.
Global hedge fund assets are expected to fall to $1 trillion by midyear, down from $1.4 trillion at the end of 2008 and a peak of $1.868 trillion in 2007.
Passively managed funds outperformed actively managed funds across all categories during the past five years according to Standard & Poor’s Index Services, which was released today.
A little more than one-third of private-equity investors without exposure to emerging-markets funds plan to invest in such funds within the next two years, according to a new survey conducted by Coller Capital and the Emerging Markets Private Equity Association.
After getting beaten to a pulp last year, convertible bonds are making a comeback.
Financial stocks have made a remarkable comeback in the past month, leaving advisers to make a hard call: Are banks regaining their health after the yearlong shellacking that they have endured?
The Charles Schwab Corp. has scheduled a webcast Thursday to brief registered investment advisers on its revised plans to wind down custody of alternative investments.
The mutual fund industry is poised to do away with Class C mutual fund shares, even though the Securities and Exchange Commission gave them a reprieve by moving to table reforms.
