Laurence D. Fink, chief executive of BlackRock Inc., stepped up his criticism of some exchange-traded funds such as those provided by Société Générale SA, saying that he doesn't want them to damage the industry
Recent market volatility is prompting Congress to examine the role ETFs may play in the gyrations. At the same time, ETF vendors are squabbling over the best way to dampen the risks arising from the popular funds.
John Cole Scott believes that sometimes it would be easier to squeeze blood from a stone than provide his clients with the retirement income they demand from their assets
Investing in equities these days should come with a warning for those who suffer from motion sickness
Fidelity Investments has replaced the manager of its $3.1 billion Fidelity Small Cap Stock Fund, which has declined 15.7% this year.
BlackRock boss Larry Fink has once again slammed synthetic ETFs, which are sold mainly in Europe. His point? The funds make investors counterparties in swaps. But the head of Societe General's Lyxor unit, which sells such exchange traded funds, has fired back. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110921&Category=FREE&ArtNo=921009998&Ref=PH>The ETFs with the biggest outflows &raquo;</a> | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111110&Category=FREE&ArtNo=111009917&Ref=PH>Top 10 dividend-paying ETFs &raquo;</a>
Exchange-traded funds are in the right place at the right time, according to the results of an investor survey conducted by The Charles Schwab Corp.
Kenneth Heebner, whose CGM Focus Fund was one of the top-performing U.S. stock mutual funds over the past decade, bought shares of Morgan Stanley as the bank posted its biggest quarterly drop since 1998
To start the Vanguard Total International Bond Index Fund and Vanguard Emerging Markets Government Bond Index Fund
Seventh straight month of net outflows; bond funds a different story
Funds rely on leverage, synthetics to amp up performance
Worried clients pulling out of equity, plumping up debt investments
Bill Miller's decision to relinquish the reigns of Legg Mason Capital Management Value Trust in April is unlikely to herald big changes in how the $2.8 billion fund is being run, according to the fund's incoming lead manager, Sam Peters
Legendary fund manager Bill Miller finally gave up the ghost, unloading his entire stake in Eastman Kodak. The damage? The Legg Mason Capital Management Value Trust took a $550 million hit from the sale.
Patrick Evershed, a former New Star Asset Management Holdings Inc. fund manager, was bullied by company founder John Duffield, who called him a “criminal” and a “moron,” according to Mr. Evershed's lawyer
Fee fiefdom losing ground to passively managed funds; low yields brings high scrutiny
The following is an edited version of an Oct. 12 speech by Paul Schott Stevens, president and chief executive of the Investment Company Institute, before the Rotary Club of Seattle
Apparently, the GOP is not so keen on the SEC's plan to let the net asset value of money market funds drift, rather than remain at a constant $1 per share. Fund firms are no doubt happy to hear it.
