Despite its decidedly mass-market focus, The Mutual Fund Store maintains that client relationships are priority No. 1.
Invesco will reorganize — and reduce — its combined sales force when it takes over Van Kampen Funds Inc., the $119 billion retail money management unit it acquired last October from Morgan Stanley for $1.5 billion.
Invesco Ltd. is changing the name of its Invesco Aim unit to Invesco, and its AIM Funds to Invesco Funds, according to an executive at the investment firm.
The volatility that has crept into the stock market over the past few weeks could turn out to be a selling point for The Collar Fund Ticker:(COLLX), managed by Thomas Schwab.
Invesco Ltd. anticipates having a total of 130 mutual funds after it completes the integration of the Van Kampen Funds with its Invesco AIM funds in 2011.
To pry shellshocked investors out of their cash positions, several big fund companies are nudging investors into the next least-conservative position: short-term-bond funds.
The Charles Schwab Corp. has reversed course and will allow advisers to hold in custody additional alternative investments.
Longer-term Treasurys rose after the government sold $42 billion of two-year notes at the lowest yield on record as concern Europe's debt crisis is spreading boosted the refuge appeal of U.S. securities.
Legg Mason Inc. yesterday filed papers with the Securities and Exchange Commission seeking permission to offer actively managed exchange-traded funds.
Rush to less-risky investments gores equity specialists and actively managed ETFs
Pax, based in Portsmouth, N.H., plans to list three ETFs on NYSE Arca, a division of New York-based NYSE Euronext, according to a Securities and Exchange Commission filing last week.
It is difficult to function as a value investor unless the value analyst has a firm grasp of economic reality. It is equally difficult to promulgate intelligent financial regulations unless the sponsors of the regulation have a firm grasp of economic reality.
Firm teams with Western Asset Management to launch actively managed fixed-income fund
Legg Mason Capital Management's CIO tells Consuelo Mack why he thinks large-cap stocks will out-perform small- and mid-caps over the next several years.
Economists would likely agree that the bond market rally is the market's rational response to current (albeit heavily government-influenced) reality. But there's a disturbing signal ahead.
Warren Buffett shortened the duration of bonds held by his Berkshire Hathaway Inc. after warning that deficit spending could force inflation higher.
With the U.S real estate market still struggling to get back on its feet, financial advisers continue to find themselves facing a barrage of questions from anxious clients about everything from depressed home values to whether now is the time to buy or sell property.
Investment research firm Morningstar Inc. on Monday said its French subsidiary reached a deal to buy Seeds Group, which provides investment consulting services, for an undisclosed amount.
