The redemptions were triggered by an 8% drop in U.S. stock indexes in June, followed by further deterioration in July.
A tax-exempt strategy that utilizes exchange traded funds investing in municipal bonds has been announced by Curian Capital.
U.S. exchange traded fund assets totaled about $575 billion as of June 30, down 5.4% from the beginning of the year.
The bond market is in for more volatility, but a turnaround could start to emerge in the next six months, according to the head of Invesco Ltd.'s worldwide fixed-income division.
A recently released SEC study provides further evidence that mutual fund prospectuses need fixing.
Junk bond funds are beginning to look more attractive to investors, even though their returns haven't been impressive.
The Principal Financial Group has released a white paper that examines the four methods of providing retirees with income.
Indexes apply environmental, social and governance performance factors to a U.S. fixed-income asset class.
The Vanguard Group reopened the Vanguard Explorer Fund and the Vanguard Health Care Fund to new shareholders.
Janus Capital Management LLC will begin sending out checks to investors Aug. 15 as restitution from its 2004 market-timing settlement.
Products of some top fund companies included on Doug Fabian's roster.
Demand for "green" investing is growing, studies show, but opinions vary widely on what makes an investment green.
For the first time in almost a decade, American Funds plans to launch a new equity fund.
The Vanguard Group Inc.'s handling of its lackluster U.S. Growth Fund threatens to tarnish the company's reputation for putting investors first.
If there is an upside to rising energy prices, it might be the increased awareness among consumers and retail investors of commodities and the effect they can have on the economy.
Natixis Global Associates this week will announce an expansion of its retirement business, including the appointment of Tracey Flaherty, formerly of Bank of America Corp. and Fidelity Investments, to senior vice president of retirement strategy, a new post.
In a bid to increase its market share among retail investors in the United States, DWS Investments has pursued a branding strategy and broadened its product line.
Bear market funds seek positive returns in down markets, so it isn't surprising that they are mauling the competition and generating plenty of investor attention in the process.
There aren't many mutual funds that give investors access to managed futures, but the dearth of options isn't stopping some financial advisers from considering them.
First American Funds Inc. of Minneapolis is hoping to leverage the growing popularity of infrastructure investing by opening its seven-month-old previously institutional-class mutual fund to retail-class investors.
