With regulators and lawmakers continuing to scrutinize the blowup of target date funds in 2008, AllianceBernstein LP is adding a component to its lineup of target date funds aimed at managing market volatility better.
Funds also saw higher flows due to investors' improving confidence in the market, and target-date funds' popularity as a qualified default investment option in 401(k) plans
Which bond funds are producing equity-like returns this year?
Five of the seven top-performing target date funds are composed of only proprietary funds, according to a report released today.
Invesco Ltd. is likely to keep intact most of the Morgan Stanley/Van Kampen operations <a href= http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20091019/FREE/910199972/1022/ONLINENEWS >which it said last night that it will acquire for $1.5 billion</a> — although some changes to the $119 billion retail money management business it's buying are expected — Martin Flanagan, president and chief executive of Invesco, said in an interview with InvestmentNews.
Since many low-quality, high-beta companies have "rallied too much," Mr. Rady is currently looking for overvalued firms to short.
The technology sector is white hot these days. If you're not buying it, just look at the Nasdaq, which has been leaving the other indexes swimming in its wake.
Rankings and data through Mar. 15, 2010, according to <a href=http://www.Morningstar.com>Morningstar.com</a>
The upside of nearly two decades of mounting levels of government and consumer debt is a solid foundation for a secular run by consumer staple companies, according to Ralph Shive, manager of the $1.5 billion Wasatch-1st Source Income Equity Fund Ticker:(FMEIX).
Thirtysomething new-product developers, look out.
Money market funds will have to disclose on a delayed basis their fluctuating “shadow” net asset values rather than their $1-per-share value, thanks to a rule that the SEC adopted last week.
Total money market mutual fund assets fell by $36.22 billion to $3.090 trillion for the week, the Investment Company Institute said Thursday.
But assets in institutional money market funds shrank last week, says ICI
Money market funds will have to disclose on a delayed basis their fluctuating “shadow” net asset values rather than their $1-per-share value, thanks to new rules adopted today by the Securities and Exchange Commission.
Fidelity Investments says it still isn't offering third-party target date funds on its adviser-sold 401(k) platform. Not all fund companies signing on to the platform understand that to be the case, however.
Trying to capture some of the more than $3 trillion in cash sitting in client accounts, advisers are looking outside the style box to identify those undiscovered funds that have the potential to be tomorrow's gems.
Financial advisers and branch managers chose American Funds as the firm which best meets their needs for marketing materials, according to a study released today by Financial Research Corp.
The Securities and Exchange commissioner says "vague and confusing" language describing target date funds led to investor confusion when investments performed poorly during the market downturn.
Preparing for a shift in the economic climate, several fund companies are launching funds designed as inflation hedges.
