Target date mutual funds, long criticized for being too conservative to meet their goals, are now being taken to task for taking on too much risk.
The mutual fund industry is facing waves of baby boomers who will retire and a volatile market that has scared many investors, but nothing has the potential to affect the industry more than a Securities and Exchange Commission review under way of Rule 12(b)-1.
In a move clearly aimed at luring breakaway brokers, Fidelity Investments is about to take the wraps off a program intended for brokers who are dually registered as investment advisers.
With some 90 million investors and more than 44% of American households owning mutual funds, the fund industry has continued to grow significantly in spite of weathering more than a few storms in the last decade.
Staff members at the SEC will recommend that 12(b)-1 fees be broken into at least two parts.
Introduced five years ago, the Rydex S&P Equal Weight Exchange Traded Fund opened the gates to investments pegged to indexes that use some measure other than market capitalization to determine company weightings.
The time is drawing near for comments requested by the Department of the Treasury regarding changing the taxation of exchange traded notes and other prepaid forward contracts.
The estimated $2.75 trillion IRA roll-over market is poised for significant growth in assets and is expected to take on more prominence in advisers' practices.
Global mutual funds that invest in domestic and overseas stocks are the flavor of the moment, and several well-respected asset managers intend to launch such funds in the coming weeks.
Like a lot of alternative investment strategies, the $4.3 billion <b>Gateway Fund</b> (GATEX) thrives on the kind of stock market volatility we have experienced lately.
Recent market volatility, and concerns over credit quality and availability, have caused many financial advisers to become more defensive in their portfolio strategies.
A cold front materialized in the first quarter for the once-hot emerging-markets-equity sector as U.S. investors pulled out $1.85 billion from the fund category.
While they trust financial advisers, most wealthy investors are not satisfied with the amount of information they get from their mutual fund companies, according to the results of a new survey.
Domestic-equity funds posted net inflows of $17.5 billion and government funds had nearly $3 billion.
Congressmen question an apparent conflict of interest between holders of auction rate securities and fund companies.
The redemptions would be the first involving tax-free closed-end funds caught in failed auctions.
If investors were expecting the first actively managed exchange traded funds to look anything like their mutual fund counterparts, they are probably disappointed by three ETFs that Invesco PowerShares Capital Management LLC introduced this month.
While some financial services firms tighten their belts in times of economic uncertainty, others see it as a good time to add sales jobs.
Investors Capital Advisory Services has released a new mutual fund wrap program named FundSelect.
