Claymore has launched three ETFs based on Morningstar Super Sector Indexes on the New York Stock Exchange.
The Securities and Exchange Commission has begun its voluntary electronic filing program for mutual funds.
The lack of a benchmark is impeding the growth of target-date funds, according to The Vanguard Group.
Total assets under management globally in ETFs are expected to top $2 trillion by 2011, up from $669 billion as of June 30, according to a report by Morgan Stanley.
XShares filed a registration statement with the SEC to offer ETFs in AirShares EU Carbon Allowances Fund.
Some ETF providers are asking the SEC for exemption from a part of Regulation NMS, CCH Wall Street reported.
PHILADELPHIA — Morgan Stanley’s plans to take its MSCI Inc. index unit public is raising concerns about conflicts of interest that may arise when an index company must answer to shareholders.
Van Eck Global announced that it will launch an exchange traded fund based on nuclear energy.
Barclays Global Investors today launched the first iShare ETF to invest in international real estate via real estate investment trusts.
Claymore Securities Inc. has launched an exchange traded fund designed to profit off of companies in the luxury goods-and-services market.
The new ETF tracks the Morgan Stanley Capital International Europe, Australasia and Far East index.
PHILADELPHIA — Morningstar Inc., the mutual fund research company, is backing off its long-held position that fund boards that oversee multiple funds are less effective stewards than those responsible for just a few funds.
BOSTON — Say goodbye to the Green Mountain Boy. As part of an ambitious growth strategy designed to get its mutual funds noticed by distributors, Montpelier, Vt.-based Sentinel Asset Management Inc. is retiring its decades-old icon.
PHILADELPHIA — An exchange traded fund that invests in municipal bonds is expected finally to become a reality — a prospect that excites some financial advisers.
WisdomTree Trust will launch a new dividend-weighted exchange traded fund tomorrow on the NYSE.
ETF assets fell to $478 billion in June from $480 billion in May, according to State Street Global Advisors.
Mutual funds will now be subject to a new rule that prohibits fraud in hedge funds and other private investment pools.
Claymore Securities Inc. has teamed up with Zacks Investment Research to launch two exchange traded funds on the American Stock Exchange today.
PHILADELPHIA — Although iPath exchange traded notes have amassed more than $2.6 billion since making their debut more than a year ago, their appeal remains a mystery to some industry experts.
BOSTON — Fidelity Investments and American Funds lagged behind The Vanguard Group Inc. in stock and bond mutual fund sales for this year through May as investor appetite for low-cost index and exchange traded funds increased.
