The Supreme Court today ruled in favor of the mutual fund industry in a case involving responsibility for statements made in prospectuses. A big deal? SIFMA said a decision for the plaintiffis would have caused 'crippling uncertainty' in the securities market.
ETFs keep growing, underscoring the importance of exactly how they are bought and sold.
The question: Are such puny yields worth it when money isn't FDIC-insured?
Given the months of controversy surrounding his role as an activist investor with The St. Joe Co., a real estate developer, iconic fund manager Bruce Berkowitz isn't so sure that he wants to play that part again.
There's no need for shareholders of DWS Investments' mutual funds to rush to the exits.
Scottrade is celebrating the first birthday of its FocusShares exchange-traded funds with a big marketing push.
A team that manages three mutual funds for Milwaukee-based Artisan Partners LP was named 2011 domestic stock manager of the year by Morningstar Inc.
New fund likely to attract price-conscious clients; 'seminal moment'
Data shows investment managers embracing passive funds with a passion; low fees a big draw
Morningstar tabs managers at Sequoia Fund, Janus Overseas and Templeton Global Bond for 'exceptional performance' in 2010
With low interest rates, investors actively seeking passive management, fund firm boss says
Commission said to favor plan requiring funds to hold cash reserves; floating rate NAV for those that don't
Investors last week pulled more money from money-market mutual funds than any week this year.
Bruce Berkowitz, Kenneth Heebner and Bill Miller, three of the best-known U.S. stock pickers, are competing for last place this year after their bets on an economic expansion backfired
Financial advisers increasingly are looking to dividend income as a means to provide cash flow to retired clients — despite some obvious risks in doing so.
It didn't take long for Daniel Gallagher, the SEC's newest commissioner, to disagree with the agency's chairman, Mary Schapiro.
