The Securities and Exchange Commission's warning to The Charles Schwab Corp. that it could face civil charges over two fixed-income mutual funds may have a direct effect on current and looming legal actions from investors over losses suffered in the funds.
The Charles Schwab Corp.'s move into active ETF management with the acquisition of Windward Investment Management Inc. last week didn't come as much of a shock to advisers, who gave the firm high marks.
The SEC's proposed revision of mutual fund fees has yet to be finalized, but analysts are already analyzing on how reform may affect some fund companies.
The goal of the Securities and Exchange Commission is to protect investors, but would the new 12(b)-1 fee proposal really accomplish that objective? Probably not.
As it attempts to crack down on 12(b)-1 fees, the Securities and Exchange Commission is ignoring a raft of mutual fund charges that investors are paying indirectly, critics contend.
Financial advisers' loyalty to American Funds appears to be waning, as the firm saw the largest outflows of any fund company for the first half of this year.
Suit filed by shareholder over statements made in firm's fund prospectuses could cause 'flood tide of additional securities litigation,' critics claim
AllianceBernstein LP, Franklin Templeton Investments and Waddell & Reed Financial Inc. are the three publicly traded mutual fund companies with the most at stake pending the Securities and Exchange Commission's 12(b)-1 reform.
Target date funds run by MFS Investment Management, Putnam Investments and other big mutual fund companies exhibit higher-than-average turnover, raising concerns over whether investors, or their advisers, are aware of the funds' composition.
In a bid to grab a bigger slice of the highly competitive retirement plan market, John Hancock last week became the first provider to offer 401(k) participants a choice between target date funds that are constructed to take investors “to retirement” or “through retirement.”
BlackRock Inc. is seeking regulatory clearance to create exchange-traded funds that can bet against stocks or bonds, as the $826 billion industry's largest player seeks new products to boost revenue.
Trademark lawsuit could make it harder to pick meaningful abbreviations; 'rush for good ticker symbols' coming?
Discount broker ups the ante after offering commission-free trades online seven months ago
The Hartford Financial Services Group Inc. has tapped Jim Davey, head of the company's retirement division, to run its mutual fund business.
Russell Investments moved a step closer to becoming an exchange-traded-fund provider yesterday when it announced that it has appointed James Polisson managing director of its global ETF business and Andrew Arenberg managing director of global ETF distribution.
In an apparent first for the retirement industry, John Hancock Retirement Plan Services is now offering 401(k) participants a choice between target date funds that plan for investments “to” retirement and “through” retirement.
Public response to the Securities and Exchange Commission's proposal to enhance target date fund disclosure has been tepid — even as the public-comment deadline looms three days away.
A London-based provider of exchange-traded funds is planning to launch 18 commodities-based ETFs and a precious-metals basket ETF.
Tool will help ETF providers to focus their marketing and educational materials on the needs of advisers.
