These days, money market funds are investing only the safest securities.
SEC has unanimously approved a proposal that would require mutual funds to use computer tags to label key information about fees, performance and strategies.
New York Life Insurance Co. is looking to acquire one or more fund companies, according to one of its top executives.
Here are some key individual retirement account items to check on before the end of the year.
Fixed-income investors focused on the direction of interest rates run the risk of making big mistakes, warns portfolio manager John Fox, co-head of fixed income at Gannett Welsh & Kotler LLC.
The following is the text of an email that Bruce Bond, chairman and CEO of Invesco Powershares, sent earlier this week describing his new role:
Milliman Inc. is in discussions with a number of mutual fund companies, insurers and 401(k) plan sponsors to launch a guaranteed-income product that would be backed by a pool of insurers.
New York Life Insurance Co. is looking to acquire one or more fund companies, according to one of the company's top executives.
Assets in the exchange-traded fund industry totaled about $689 billion as of Oct. 30, down 0.8%, or $5.3 billion, from a month earlier, according to a report last week from State Street Global Advisors.
Van Eck Global today launched its second gold exchange-traded fund, <a href=http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20091111/FREE/911119983>just as the price of gold was surging to a new all-time high.</a>
Exchange-traded-fund providers in the coming year will have to focus on making sure financial advisers understand their products — and how to use them in client portfolios — as they anticipate increased scrutiny from regulators and the media, according to participants at an ETF round table last week at <i>InvestmentNews'</i> New York offices.
John Hancock Funds LLC is looking to double the size of the sales team that targets registered investment advisers to 12, according to Keith Hartstein, the company's president and chief executive.
Investors should be careful not to let the “sticker shock” of the latest unemployment data derail them from their long-term investment strategies, according to Uri Landesman, head of global growth at ING Investment Management Americas.
Investors should take a cautious approach to the equity markets at this point in the stock market rally, according to Tim Knepp, chief investment officer of Genworth Financial Asset Management.
Total money market mutual fund assets fell by $3.68 billion to $3.335 trillion for the week, the Investment Company Institute said Thursday.
The fund managers who invest based on macroeconomic trends — and are willing to adjust their portfolios as those trends change — are the managers most likely to add value for investors, according to a study released today by the New York University Stern School of Business.
Last year's $226 billion worth of net outflows from mutual funds reflects a larger trend in investor behavior, according to a new research report.
Several financial advisers said that they agree with the Supreme Court justices who appeared to suggest during oral arguments last week that the Securities and Exchange Commission, and not the courts, should ultimately decide when mutual fund fees are excessive.
With Congress advancing its controversial 1,900-page health care reform legislation, Wall Street has pushed health care sector stocks into value territory, according to Tyler Dann, co-manager of the $4.8 billion Aim Charter Fund (CHTRX).
