Mutual Funds

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INVESTING MUTUAL FUNDS JUL 28, 2008
Natixis moves to expand retirement business

Natixis Global Associates this week will announce an expansion of its retirement business, including the appointment of Tracey Flaherty, formerly of Bank of America Corp. and Fidelity Investments, to senior vice president of retirement strategy, a new post.

INVESTING MUTUAL FUNDS JUL 28, 2008
DWS Investments ties future to branding

In a bid to increase its market share among retail investors in the United States, DWS Investments has pursued a branding strategy and broadened its product line.

INVESTING ETFS JUL 28, 2008
Bear market funds maul competition

Bear market funds seek positive returns in down markets, so it isn't surprising that they are mauling the competition and generating plenty of investor attention in the process.

INVESTING MUTUAL FUNDS JUL 28, 2008
Advisers consider funds with managed futures access

There aren't many mutual funds that give investors access to managed futures, but the dearth of options isn't stopping some financial advisers from considering them.

INVESTING MUTUAL FUNDS JUL 28, 2008
Global-infrastructure fund goes retail

First American Funds Inc. of Minneapolis is hoping to leverage the growing popularity of infrastructure investing by opening its seven-month-old previously institutional-class mutual fund to retail-class investors.

INVESTING ETFS JUL 22, 2008
State Street spins new SPDRs

The 10 international-sector SPDR ETFs are use as benchmarks a series of the S&P World ex-U.S. broad market indexes.

INVESTING ETFS JUL 21, 2008
New website offers model ETF portfolios

Mr. Weisbrod, president of Weisbrod Financial Services Inc. and Staar Financial Advisors Inc. of Pittsburgh, is launching sfamoney .com next month as part of an effort to provide advisers and retail investors with model ETF portfolios, commentaries and various other planning tools.

INVESTING MUTUAL FUNDS JUL 21, 2008
Emerging markets a source of stomachaches for advisers

INVESTING ESG JUL 21, 2008
Fund industry lobs proxy counterpunch

Stung by media and union criticism that their proxy votes are in the pockets of corporate management, the mutual fund industry is fighting back.

INVESTING MUTUAL FUNDS JUL 18, 2008
Pioneer opens two funds countrywide

The funds employ long-term capital growth strategies by investing primarily in equity securities of U.S. issuers.

INVESTING ETFS JUL 14, 2008
ETF to underlie Gulf nations index

The GCC Titans 40 Index measures the performance of 40 stocks traded in five of the Gulf Cooperation Council nations.

INVESTING MUTUAL FUNDS JUL 14, 2008
Global funds try go-anywhere style

They are the ultimate go-anywhere funds — global funds that can invest virtually anywhere, regardless of geography — and they are growing in number.

INVESTING MUTUAL FUNDS JUL 11, 2008
Loomis to close small-cap value fund

The Loomis Sayles Small Cap Value Fund was launched May 13, 1991, and has $1 billion in assets under management.

INVESTING MUTUAL FUNDS JUL 10, 2008
Study: Mutual fund proxy votes back management

Mutual funds voted in favor of management proposals more than 90% of the time in 2007, an ICI study found.

INVESTING ETFS JUL 09, 2008
Invesco makes foray into Frontier Countries

The new ETF is designed to provide access to certain equity markets in the Middle East and North Africa.

INVESTING ETFS JUL 02, 2008
New ETFs track oil prices without futures

Investors can bet on the price of oil going up or down or hedge other investments with the securities.

INVESTING MUTUAL FUNDS JUL 01, 2008
Aberdeen absorbs $2.2B of Nationwide Funds

The company completed the reorganization of $2.2 billion in assets of 26 Nationwide Funds into newly created Aberdeen Funds.

INVESTING ALTERNATIVES JUL 01, 2008
New mutual fund to ape hedge performance

Hedge fund performance replication has come to the mutual fund industry in the form of the IQ Alpha Hedge Strategy Fund.

INVESTING MUTUAL FUNDS JUL 01, 2008
Legg Mason rescues money markets

The Baltimore-based firm will contribute $240 million to bail out three money market funds of one of its subsidiaries.

INVESTING MUTUAL FUNDS JUN 30, 2008
Bank holding firms’ income up 27.4%

Bank holding company income from mutual funds and annuities rose more than 27% to $5.92 billion in the first quarter.