The BrightScope 401(k) plan ratings service is skewering the Investment Company Institute over its defense of target date funds.
The latest S&P/Case-Shiller Home Price Index, released today, shows a mixed picture: Some metro markets are improving, others are still searching for a bottom, and prices are down an average 0.2% in November across 20 metropolitan markets.
In another sign that the commercial property market may have bottomed out, the Moody's/REAL Commercial Property Price Index showed a 1% gain in November.
Hedge funds are losing talent to university endowments, sovereign wealth funds and even to the Securities and Exchange Commission, of all places, according to a survey released this week by executive search firm Heidrick & Struggles.
Hedge fund industry performance in 2009 was the best in a decade, according to Hedge Fund Research. The HFRI Fund Weighted Composite index returned 20.04% for the year ended Dec. 31, the industry's highest since the 31.29% return of the index in 1999.
Just days after its acquisition by Guggenheim Partners LLC was finalized, Claymore Securities Inc. has rolled out a new China exchange-traded fund – a launch that will likely be just the first of many, now that the Claymore/Guggenheim marriage is official.
The BrightScope 401(k) plan ratings service is skewering the Investment Company Institute over its defense of target date funds.
The Vanguard Group Inc. today changed the benchmarks for ten stock sector index mutual funds and corresponding exchange-traded funds from their old MSCI indexes to new MSCI 25/50 benchmarks. Those benchmarks are designed to meet IRS standards for registered investment companies.
iShares today launched a suite of municipal bond exchange-traded funds with a planned end date. The feature allows investors to obtain targeted exposure to the municipal yield curve.
The Charles Schwab Corp. today announced the launch of six new managed portfolios of exchange-traded funds available through a fee-based portfolio advisory program.
Investment manager BlackRock said Tuesday that it bought Helix Financial Group LLC, a commercial real estate advisory firm, for an undisclosed amount.
The founder of the No-Load Mutual Fund Association — now The Mutual Fund Education Alliance — hopes to announce the creation of a new organization representing exchange-traded funds next month.
A billionaire hedge fund manager charged in a $25 million insider trading case now faces a lawsuit saying he helped finance Sri Lankan militants notorious for suicide bombings.
More asset managers are getting out of the money market fund business because the regulatory and market environment often makes offering such funds unprofitable.
After more than five years of solid performance, including a run in 2009 that saw assets more than double to nearly $1 billion, the TFS Market Neutral Fund (TFSMX) is introducing a “hard close” and will stop taking any investments on Jan. 22.
Two mutual fund acquisitions were announced today, one involving a fund group with $6 billion in assets that has changed hands several times over the last few years.
Jeffrey Gundlach said his “inappropriate termination” by TCW Asset Management will simply give him and his mortgage-backed securities team an opportunity to create an even stronger investment organization to serve investors
The catastrophe bond market is poised for an active fourth quarter as several factors combine to boost the insurance-linked-securities sector, according to experts and observers
Real estate money managers are joining private-equity firms in the line to buy failed banks.
