American Funds Investment Co. filed last week with the Securities and Exchange Commission to create a new money market mutual fund.
Iceland’s economic meltdown, fueled by its exposure to foreign debt, could bring the country to the brink of failure, according to research from Hennessee Group.
Although financial advisers generally welcome new exchange traded funds that invest in municipal bonds, some industry experts question whether they are the best way to access such an opaque market.
Absolute-return investing is an innovative strategy because it focuses on pursuing returns while still managing risk.
The stock market may be reeling, but small fund groups are faring better than bigger ones — at least in terms of bringing in fresh cash.
Pacific Investment Management Co. LLC recently unveiled its first global bond index.
Mutual fund wrap accounts, sometimes seen as a retail-class underling to more sophisticated separately managed accounts, are gaining a bigger following.
The steady migration of independent brokers to a fee-based model has created a large universe of advisers whose revenue is a mix of fees and commissions.
As clients continue to question the merits of traditional investment approaches, Philipp Hensler, chairman and chief executive of DWS Investments Distributors Inc., is prepping his firm to arm financial advisers with a new way of thinking.
