Open-end U.S. municipal-bond funds dropped an average 3.7 percent in the past month as investors withdrew money for the first time in seven months.
Pointing to improvements in corporate culture and stewardship grades, Morningstar Inc. has raised its ratings for J.P. Morgan Asset Management's SmartRetirement target date funds.
Entering mostly uncharted waters; 'not an easy place to be fishing for assets'
In the wake of the announcement that Columbia Management Investment Advisers LLC will buy Grail Advisors LLC, one of Grail's partners is still making plans to go it alone with active ETFs
Davies latest in a series of of top execs who've left the financial firm since CEO change in 2008
Index specialist Vanguard has set it sights on the ETF market in Europe. BlackRock, already the king of the continent, awaits.
Janus Capital Group Inc. has issued a statement clarifying that it isn't a target in the current insider trading probe, despite having <a href= http://www.investmentnews.com/article/20101124/FREE/101129976>received a subpoena last week as part of the investigation</a>.
More than one-third of financial advisers surveyed are holding off on investing in any funds managed by Wellington Capital Management and Janus Capital Group Inc. until they are cleared of any wrongdoing in a recent insider-trading probe, according to an online survey conducted this week by InvestmentNews.
Mutual funds' ties to so-called expert networks that have been probed as part of an insider trading investigation may undermine efforts by the industry to stem three years of client withdrawals from stock funds.
Federal Deposit Insurance Corp. Chairman Sheila Bair considers money market mutual funds “destabilizing” to the financial system and thinks investors would be served just as well if share prices floated
Because past performance is no guarantee — or even an indication — of future results, it would make sense to pick a fund on criteria other than past performance
The SEC has hired a former Janus Capital Group Inc. portfolio manager to help oversee the $2.8 trillion money market fund industry, a new position.
For 11 years, John Kinnucan was a stock analyst, digging information out of low-level contacts in the computer industry and selling it to clients.
Portfolio manager turnover at Fidelity Investments is higher than at its peers and may be a red flag about how things are going at the firm, according to an article posted on Morningstar.com today by analyst Christopher Davis.
Money poured into target date funds during the first quarter, led by The Vanguard Group Inc. and T. Rowe Price Group Inc.
But money flowed into TDFs run by Vanguard and T. Rowe Price in the first quarter
Based on what Treasury Secretary Timothy Geithner said last week, it seems unlikely that mutual funds are going to be designated as systemically important financial institutions under Dodd-Frank
Portfolio manager turnover at Fidelity Investments is higher than at its peers and may be a red flag about how things are going at the firm, according to an article posted on Morningstar.com last week by analyst Christopher Davis
Treasury Secretary addresses issue of whether funds are too big too fail; well, are they or aren't they?
