Discount broker ups the ante after offering commission-free trades online seven months ago
The Hartford Financial Services Group Inc. has tapped Jim Davey, head of the company's retirement division, to run its mutual fund business.
Russell Investments moved a step closer to becoming an exchange-traded-fund provider yesterday when it announced that it has appointed James Polisson managing director of its global ETF business and Andrew Arenberg managing director of global ETF distribution.
In an apparent first for the retirement industry, John Hancock Retirement Plan Services is now offering 401(k) participants a choice between target date funds that plan for investments “to” retirement and “through” retirement.
Public response to the Securities and Exchange Commission's proposal to enhance target date fund disclosure has been tepid — even as the public-comment deadline looms three days away.
A London-based provider of exchange-traded funds is planning to launch 18 commodities-based ETFs and a precious-metals basket ETF.
Tool will help ETF providers to focus their marketing and educational materials on the needs of advisers.
Grail Advisors, Claymore Securities bag several smaller funds; more firms to follow suit?
Vanguard said Thursday it will expand its index investment offerings with 19 new mutual funds, each with an exchange-traded fund version holding the same stocks or bonds as the companion mutual fund.
The three firm companies join the growing number of firms looking to get into the active ETF area.
The recent turbulence in global stock markets prompted just a small portion of mutual fund investors to pull out of stocks in May, according to research firm Strategic Insight.
Management isn't convinced it needs the marketing fees to attract assets; 'bang for the buck'?
As regulators and stock exchanges try to figure out what caused the 1,000-point stock market drop May 6, exchange-traded-fund providers are doing damage control.
As regulators and stock exchange officials discuss putting rules in place to make sure that the market volatility of May 6 never happens again, exchange-traded-fund providers are making sure considerations are made for their offerings
Investors in three of Fidelity Investments' mutual funds have the most to lose in the wake of the resignation of Hewlett-Packard Co. chief executive Mark Hurd, though analysts said that they think that the stock is a better buy now as a result of the scandal.
Morningstar Inc. has introduced three mutual fund categories to make it easier for investors and financial advisers to do specific searches and more accurate peer comparisons.
Legg Mason Inc. fell as much as 3.6 percent in New York trading after reporting that fund withdrawals more than doubled from the prior quarter.
Riverfront Investment Group, the asset manager founded by former investment gurus from Wachovia Securities, is launching three mutual funds.
Brokerage executives are slamming the SEC's proposal to allow broker-dealers to set their own sales charges on mutual funds, claiming that it could create problems for both the industry and individual investors.
The Securities and Exchange Commission's proposal last week to revamp 12(b)-1 fees could have a number of unintended consequences that could hurt investors rather than help them, according to some observers.
