To introduce brokerage customers to its life cycle mutual funds, John Hancock Financial Services Inc. has unveiled a free Internet tool that allows advisers to generate investment plans for clients.
The walls of Neal Simon's office at Highline Wealth Management LLC are lined with the images of people he and his wife photographed during their travels through China, Guatemala, India, Indonesia and Peru.
Asset class is the key basis for deciding among active versus passive management strategies for mutual funds.
Although top mutual fund managers increased their advertising budgets by 20% last year, to almost $231 million, overall ad spending on mutual fund products — by all types of financial providers — declined by about 14%.
The SPDR Lehman International Treasury Bond ETF began trading today, State Street Global Advisors announced.
The first state-specific municipal bond exchange traded funds began trading today, Barclays Global Investors announced.
BIS Insurance Services, a Sacramento, Calif. employee benefits insurance broker, will remain in its current location.
Rydex has kicked off a web initiative to put investors in the know about exchange traded funds.
The private-equity fund will invest in China, South Korea, Singapore and Taiwan as well as Japan, India and Australia.
Investors' increasing appetite for ETFs and alternative investments is sapping money from stock funds — a trend that some say could last for several years.
The number of mutual funds receiving the highest possible stewardship grades from investment research provider Morningstar Inc. dropped, while the number receiving the lowest grades increased as a result of the company's Sept. 25 revision of its grading system to impose new, tougher standards.
The five TDAX Independence ETFs are a joint venture between TD Ameritrade and XShares Advisors.
The ETF 50 Index increased 4.7% in September, marking its largest monthly gain this year.
September hedge funds recovered from a sickly August to generate positive returns of 0.85% net of fees for investors.
Investor appetite for hedge funds will be gauged as London-listed closed-end funds are expected to announce plans to raise a combined $612 million.
New legislation is being written as congressional interest in 401(k) fee disclosure rules heats up in advance of a round of hearings set for this week.
More clients are interested in charitable donations while they are still alive to oversee how the money is being spent.
