Mutual Funds

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GAO lifts hood on target date funds – and finds big problems
RETIREMENT PLANNING MAR 23, 2011
GAO lifts hood on target date funds – and finds big problems

By Andrew Osterland
LIFE INSURANCE AND ANNUITIES MAR 11, 2011
Target groups see changes to rankings

Morningstar Inc. has updated its quarterly ranking of large target date fund groups, raising its rating on TIAA-CREF and MassMutual Retirement Services, while lowering its rating on Fidelity Investments

By Robert Steyer
MUTUAL FUNDS MAR 11, 2011
What Eileen Rominger's appointment means for fund biz

The Securities and Exchange Commission's appointment of Eileen Rominger, an 11-year veteran of Goldman Sachs Asset Management, as its new director of investment management, marks the first time in decades — if ever — that the agency has named an industry executive with no legal background to the position.

By Jessica Toonkel
EQUITIES MAR 10, 2011
Post-stimulus, mid-caps won't be half bad

When the federal government starts weaning the economy off the various stimulus programs put in place after the financial crisis, one fund manager believes high-quality growth stocks once again will start leading the market.

By Jeff Benjamin
ETFS MAR 10, 2011
The 10 trending ETFs with financial advisers — and a surprise No. 1

By Mark Bruno
Bill Miller loses clout as money managers reroute clients to ETFs
ETFS MAR 08, 2011
Bill Miller loses clout as money managers reroute clients to ETFs

Exchange traded funds seen as ideal for portfolio weighting and diversification; 'it's not a fad'

By John Goff
ETFS MAR 08, 2011
B-Ds slow to stuff wraps with ETFs

Mutual funds still dominate retail fund assets in broker-dealer wrap programs

By Jessica Toonkel
Despite Grail bail, subadviser aims to stick in active-ETF biz
ETFS MAR 08, 2011
Despite Grail bail, subadviser aims to stick in active-ETF biz

RiverPark looking at launching actively managed exchange-traded funds; 'going to tread slowly'

By Jessica Toonkel
Columbia's purchase of Grail could make Ameriprise big-time ETF player
ETFS MAR 08, 2011
Columbia's purchase of Grail could make Ameriprise big-time ETF player

Acquisition by company's subsidiary gives financial industry giant entrée into the market for active offerings

By Jessica Toonkel
Schwab unveils it first-ever ETF list — and it features lots of Schwab funds
ETFS MAR 08, 2011
Schwab unveils it first-ever ETF list — and it features lots of Schwab funds

Brokerage firm's inaugural list of exchange-traded funds targets retail investors; 48 funds in all, 11 from Schwab.

By Jessica Toonkel
MUTUAL FUNDS MAR 07, 2011
Stocks of smaller banks likely to come up big

With megabanks besieged by regulators and facing a public backlash over the 2008 credit crisis, portfolio managers increasingly are looking at smaller banks as a value play in the financial services sector

By Jessica Toonkel
MUTUAL FUNDS MAR 06, 2011
Two notable exits at Fidelity

By Jessica Toonkel
ETFS MAR 06, 2011
Guggenheim said to eye Claymore and Rydex combo

Guggenheim Partners LLC is in talks about combining its former Claymore Group Inc. exchange-traded-fund business with its Rydex SGI business, according to people familiar with the situation

By Jessica Toonkel
RIA NEWS MAR 04, 2011
All-ETF VA gives a hedge edge, Moody's says

Western & Southern Financial Group Inc.'s decision to base its variable annuity investment options on exchange-traded funds is a positive for the insurer, allowing it to better manage market risk tied to the products, according to Moody's Investors Service

By Darla Mercado
MUTUAL FUNDS MAR 01, 2011
Suddenly, bank loan funds draw plenty of interest

Scott Page, who has managed the top-performing bank loan fund over the past five years, said that the debt is still attractive, even after a two-year rally

By Bloomberg
MUTUAL FUNDS MAR 01, 2011
Guggenheim launches new Transparent Value funds

The three Transparent Value offerings based upon the Dow Jones RBP directional indexes include a U.S. large-cap aggressive index fund, a U.S. large-cap defensive index fund, and a U.S. large-cap market index fund

By InvestmentNews Staff
ETFS MAR 01, 2011
Guggenheim adds to collection, snaps up Securities Benefit in latest acquisition

Guggenheim Partners LLC, an investment firm founded by the famous family for which it is named, announced today it is acquiring Security Benefit Corp. — and with it Rydex SGI.

By Bloomberg
No.1 stock picker over the past decade? It's not Ken Heebner
MUTUAL FUNDS FEB 24, 2011
No.1 stock picker over the past decade? It's not Ken Heebner

Soviero tops among managers of diversified U.S. equity funds over the past ten years; big chunk of junk

By John Goff
Investors going short with their cash
MUTUAL FUNDS FEB 24, 2011
Investors going short with their cash

Moving funds from CDs into checking accounts, money market deposit accounts; poised to get back in the market?

By Lavonne Kuykendall
Target date fund suggestions could do more harm than good
RETIREMENT PLANNING FEB 24, 2011
Target date fund suggestions could do more harm than good

Lawyers cite risk of information overload; 'confusing' to participants

By Darla Mercado