FundQuest unveils fund group

ActivePassive Funds group has launched on several platforms including those of Fidelity, Pershing and TD Ameritrade.
APR 18, 2008
FundQuest Inc. has launched its ActivePassive Funds group on several platforms including those of Fidelity Investments, Pershing LLC and TD Ameritrade Inc. The Boston-based investment advisory firm also said that the funds will soon be available on the Charles Schwab & Co. Inc. platform. The launch marks FundQuest’s first foray into mutual fund offerings and makes the funds more widely available to investors. The funds received approval by the Securities and Exchange Commission in December. FundQuest’s research indicated that returns could be enhanced by including both active and passive strategies in various investment categories within a single portfolio, according to a statement from the firm. The ActivePassive Funds offer this strategy in four stock funds, two bond funds and three international funds. FundQuest has $43 billion in assets under management and administration.

Latest News

RIA dealmaking accelerates as three firms hit AUM milestones
RIA dealmaking accelerates as three firms hit AUM milestones

Wealth Consulting Group, Coastline and Maridea report fresh capital, acquisitions and asset growth as advisor M&A keeps climbing

VastAdvisor closes $1 million SAFE round from advisor-side backers
VastAdvisor closes $1 million SAFE round from advisor-side backers

Carson Group's Dani Fava, Jason Pereira of Woodgate Financial, and Sally George of Convergency Partners led the raise as the growth-tech startup builds out its AI platform and leadership bench.

Wells Fargo adds three advisor practices as recruiting rebound continues
Wells Fargo adds three advisor practices as recruiting rebound continues

New teams from William Blair, Ameriprise and UBS bring more than $560 million in combined client assets to the firm's employee and independent channels.

UBS will pay advisors 'handsomely' for banking starting next year
UBS will pay advisors 'handsomely' for banking starting next year

Regulators this year approved UBS Bank USA’s conversion to a nationally chartered bank.

SEC accuses Tricolor executives of hiding $800 million collateral hole
SEC accuses Tricolor executives of hiding $800 million collateral hole

How a subprime lender’s car-loan bonds allegedly unraveled before bankruptcy.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income