Signature Resources Capital Management has teamed up with Fundquest Inc. to launch a wealth management platform.
A platform will be launched next month offering what is being touted as the first socially conscious and sustainable-investing account in the financial services industry.
The Mutual Fund Directors Forum is hoping to rally the troops in an effort to stave off what it thinks is an attempt by the Investment Company Institute to eliminate the watchdog role played by mutual fund directors.
When Claymore Securities Inc. of Lisle, Ill., this month announced that it was liquidating 11 exchange traded funds — the first large-scale liquidation of ETFs since the funds were created — some industry experts said investors should view it as a warning.
The SEC shouldn't allow mutual fund directors to dump some of their responsibilities onto others.
Registered investment advisers seem to be winning the race to capture the retiring-baby-boomer market, according to Charles "Chip" Roame, managing principal of Tiburon (Calif.) Strategic Advisors LLC, who spoke at the TD Ameritrade Partnership 2008 Conference in Orlando, Fla. this month.
Brokers, not mutual fund companies, should set their own 12(b)-1 distribution fees.
An organization advocating divestment from companies that support the economies in countries perpetrating genocide won an initial victory in bringing their cause to the fund boards of more than two dozen Fidelity funds.
Earl E. McEvoy, an asset manager for three of The Vanguard Group’s mutual funds, will retire on June 30.
DTCC has trimmed fees for mutual fund and insurance transactions.
Capital gains payouts in 2007 rose for the fourth straight year, said head Morningstar analyst Russel Kinnel.
Claymore Securities listed three new ETFs on the Amex: the U.S. Capital Markets Index; the U.S. Capital Markets Bond index and the U.S. Micro-Term Fixed Income.
Legg Mason Inc. has partnered with Citibank (China) Co. Ltd. to launch mutual funds designed for retail investors in China.
Exchange traded funds that invest in municipal bonds are looking more attractive these days, thanks mostly to their competitive yields.
The Securities and Exchange Commission is considering allowing mutual fund directors to delegate some of their duties, but critics say such a move will weaken the ability of directors to act as investor watchdogs.
If an investor had invested $1,000 in the Pioneer Fund when it was launched in 1928, his or her heirs would be millionaires today.
Investors often ask me why an exchange traded fund they own paid a big gains distribution. The answer is simple, but the lessons can affect the advice you give your clients.
A new mutual fund is purchasing alternative investments — a strategy designed to defy market volatility when stock and bond prices are plunging.
John Baum named chief executive, J. Charles Cardona to be president when Tom Eggers retires.
