Advisers are using ETFs in multiple ways, in both the core and satellite allocations, as well as in the active and passive slices of investors’ portfolios.
The SEC accused Donald H. Allen and his companiesof raising around $9.9 million from 350 investors and failing to disclose that no profits had been generated.
Dow Jones Indexes and the Chicago Climate Exchange are for investors seeking exposure to the carbon trading market.
Five firms are said to have expressed interest in buying a stake in Lehman's investment management business.
An index covering all nine U.S. census divisions fell 15.4% compared with the year-over-year decline of 14.2% in the first quarter.
Industry insiders believe that the ETF slowdown is little more than a bump in the road and attributable more to sour markets than exchange traded funds themselves.
The exchange traded fund world got a little more exciting this year with the introduction of the first truly actively managed ETFs.
Portfolio managers who battened down their hatches for credit market squalls, falling U.S. rates and a sagging greenback led the ranks of fixed-income performers for the 12-month period through June 30, according to Morningstar Inc.'s separate-account/commingled-fund database.
The boom in exchange traded funds appears to have come to an end.
In the biggest shakeout thus far, 25 exchange traded funds already have closed this year, indicating that this fast-growing sector of the fund industry may be settling down.
A generous portion of commodities and no exposure to financial services company stocks was the recipe for success among equity managers for the 12-month period ended June 30, according to Morningstar Inc.'s separate-account/commingled-fund database.
The second quarter hasn't been kind to mutual funds that focus on the life insurance sector.
Fifteen HealthShares exchange traded funds will close as part of a reorganization of the 19 HealthShares ETFs.
Sales were up 3.1% from June, but down 13.2% from the same month a year ago, according to NAR.
The wild popularity of 130/30 funds notwithstanding, recent analysis of the unique long-short strategy suggests that advisers would be wise to check under the hood for a closer look at the portfolio and not just jump in to the latest marketing craze.
Pacific Investment Management Co. is raising fees as of Oct. 1 on the institutional share classes of several funds.
The funds gained some momentum during the quarter ended June 30, but are still struggling, according to HFR.
Paul Eustace will pay more than $279 million in restitution to settle charges that he defrauded commodity pool participants.
LandCap Partners has announced plans to buy $40 million of troubled land and construction loans from Wachovia Corp.
The cost of doing business increased to a 26-year high while housing starts crumbled to a 17-year low.
