Huntington Asset Advisors Inc. may be the first fund company to convert an existing mutual fund into an actively managed exchange-traded fund, but it won't be the last, some observers predict.
F. William McNabb III has had an eventful time since he became president and chief executive of The Vanguard Group Inc. in August 2008
Firm has launched six such funds in the past two months – with more on the way
Ford Motor Co. Ticker:(F) president and chief executive Alan Mulally has been named 2010 CEO of the Year by Morningstar Inc.
Standard & Poor's Financial Services LLC is bullish on large-cap stocks — and is giving a nod to Walden Asset Management, Invesco Ltd. and Brown Brothers Harriman & Co. as three firms that could produce top-performing large-cap mutual funds in 2011.
The acronym TMT took a beating nearly than a decade ago, when a number of telecom services (T), media (M), and the information technology stocks (T) declined sharply. Since then many diversified mutual fund managers have focused on these now recovered industries and a small number of funds have narrowed their sights to just the TMT space with success.
SEC approval would generate rush of similar requests, observers say; actively managed fund likely to be launched this summer
The American Funds Growth Fund of America (AGTHX), Pacific Investment Management Co. LLC's Total Return Fund (PTTAX) and American Funds' EuroPacific Growth Fund (AEPGX) are the three most popular mutual funds in the 401(k) market, according to research being released today.
BlackRock Inc. is looking to expand its services — rather than slash costs on funds — to lure advisers to its exchange-traded funds.
Advocates of a universal fiduciary standard of care for all advisers and brokers are hoping that the recent insider trading probe will help their cause.
Officials at the Securities and Exchange Commission are considering setting limits on computer-trading algorithms — and may choose to require broker-dealers to monitor their orders — in the wake of the May 6 flash crash.
In an attempt to help advisers and plan sponsors comply with new fee disclosure rules — and get in front of looming 12(b)-1 reform — J.P. Morgan Asset Management last week introduced a share class for 401(k)s that is free of 12(b)-1 fees
Gundlach & Co. launching fund with load shares, a first for firm
Like a lot of firms, Russell Investment has been waiting a long time for the SEC to approve its request to launch an actively managed exchange-traded fund. Today, Russell took the bull by the horns, purchasing U.S. One -- and with it, the RIA's actively managed ETF.
Judge rules in favor of only fund firm that refused to settle class action; 'last man standing'
DoubleLine Capital is launching three fixed-income mutual funds, according to the company's filing with the SEC.
Ronald R. Redell left his post as president and CEO of the TCW Funds Inc. and TCW Strategic Income Fund Inc. to run the fixed-income mutual fund operation at DoubleLine LLC, according to a news release.
Jeffrey Gundlach, ousted early this month as chief investment officer of TCW, announced today he has established a strategic relationship with Oaktree Capital Management LP in which Oaktree will help his new firm, DoubleLine LLC, establish its own operational infrastructure.
