Educating financial advisers about leveraged-index funds is one goal that Dan O'Neill embraced when he took over last month as Direxion Funds' chief executive.
Mutual funds that offer managed payouts designed to give investors a steady stream of income have caught the attention of Andrew J. "Buddy" Donohue, director of the division of investment management at the Securities and Exchange Commission.
The Securities and Exchange Commission is expected to issue a proposal by summer that would cap 12(b)-1 fees that investors in Class C mutual fund shares are charged, according to the general counsel of the Investment Company Institute.
In a period of market volatility and anxiety, a Santa Monica, Calif., investment firm is preparing to expand.
Providers of exchange traded products are developing investments that give investors the ability to more accurately pinpoint risk.
Hedge funds — facing forced margin calls and investment redemptions — are selling off wide swaths of their private-equity-type investments in search of cold hard cash.
Municipal borrowers plan to pull at least $21 billion of bonds out of auction rate securities by May 1, Bloomberg reports.
One William Street Capital was founded by David Scherr, who worked for Lehman for 21 years.
The firm is responding to criticism that ratings firms underrate municipal debt relative to corporate bonds.
A cap on fees for Class C mutual fund shares looks like it will make its way into a rule on 12(b)-1 fees.
During last year's fourth quarter, 288 new funds were launched and 154 funds were liquidated, according to HFR.
AIG will pay $13.5 million to settle an investigation involving its alleged sham reinsurance deal with General Re.
It soon may become easier for mutual funds to invest in exchange traded funds, but industry experts are divided as to whether funds will rush to invest in a product that is sometimes depicted as a competitor.
Lipper Inc., responding in part to investors' increasing appetite for sector, target date and international funds, is revamping its fund classification system.
Pets Best Insurance Services is bringing coverage to man's best friends through banks and employee benefit providers.
The mutual fund industry's push for raising taxes on exchange-traded notes may come back to hurt the industry when it asks Congress to defer taxes on mutual funds, the ranking minority member of a House Ways and Means subcommittee said.
In a bid for higher returns amid a dismal stock market environment, some mutual fund companies are offering investors access to high-risk private-equity investments.
Due to a technical error, an old story about Robert R. Carter stepping down from his role as president of NFP Insurance Services Inc., ran in today's INDaily.
