David Hoffman
The mutual fund industry's Holy Grail is a fund that can provide investors with a guaranteed stream of income without tying up the client's money in an annuity.
Investors praying for divine inspiration may have gotten their wish last week as three faith-based exchange-traded funds made…
Assets in the exchange-traded fund industry totaled about $689 billion as of Oct. 30, down 0.8%, or $5.3…
The Vanguard Group Inc. today said it is implementing a “cooling off” period for Vanguard Capital Value Fund (VCVLX) by immediately closing it to new shareholder accounts.
Morningstar Inc. last week launched ratings and research reports for 20 of the largest target date mutual funds — and identified The Vanguard Group Inc. as the best target date provider for investors, based on such criteria as management, fees and performance.
As investors slowly dip their toes back into the stock market, mutual fund companies are cautiously hiring again.
With The Vanguard Group Inc. on its heels, Pacific Investment Management Co. LLC today launched new actively managed exchange-traded funds.
Now that exchange-traded funds can come to market with relatively little fuss, providers are readying to launch emerging-markets ETFs in what industry observers call an ill-advised attempt to jump on the latest trend.
Pacific Investment Management Co. LLC last week launched its first actively managed exchange-traded fund.
Fidelity Investments experienced outflows in its long-term mutual funds in October — the first time the fund behemoth has seen net outflows in months.
