Mutual Funds

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MUTUAL FUNDS MAY 30, 2010
Invesco Aim to lose Aim in name

Invesco Ltd. is changing the name of its Invesco Aim unit to Invesco, and its AIM Funds to Invesco Funds, according to an executive at the investment firm.

By David Hoffman
MUTUAL FUNDS MAY 30, 2010
Collar Fund's Schwab uses options to manage risk

The volatility that has crept into the stock market over the past few weeks could turn out to be a selling point for The Collar Fund Ticker:(COLLX), managed by Thomas Schwab.

By Bloomberg
MUTUAL FUNDS MAY 30, 2010
Invesco to shrink fund roster after Van Kampen closing

Invesco Ltd. anticipates having a total of 130 mutual funds after it completes the integration of the Van Kampen Funds with its Invesco AIM funds in 2011.

By Jessica Toonkel Marquez
MUTUAL FUNDS MAY 26, 2010
Fund firms try to coax still-skittish clients to put cash to work

To pry shellshocked investors out of their cash positions, several big fund companies are nudging investors into the next least-conservative position: short-term-bond funds.

By Jessica Toonkel Marquez
MUTUAL FUNDS MAY 25, 2010
Fund firms rethink sales strategies

By Jessica Toonkel Marquez
ETFS MAY 25, 2010
Legg Mason seeks OK to offer actively managed ETFs

Legg Mason Inc. yesterday filed papers with the Securities and Exchange Commission seeking permission to offer actively managed exchange-traded funds.

By David Hoffman
ETFS MAY 24, 2010
Pax to launch socially conscious ETFs

Pax, based in Portsmouth, N.H., plans to list three ETFs on NYSE Arca, a division of New York-based NYSE Euronext, according to a Securities and Exchange Commission filing last week.

By Bloomberg
MUTUAL FUNDS MAY 20, 2010
Marty Whitman: The 8 greatest financial misunderstandings

It is difficult to function as a value investor unless the value analyst has a firm grasp of economic reality. It is equally difficult to promulgate intelligent financial regulations unless the sponsors of the regulation have a firm grasp of economic reality.

By Mark Bruno
ETFS MAY 20, 2010
Grail to go head-to-head with Pimco with short-term bond ETF

Firm teams with Western Asset Management to launch actively managed fixed-income fund

By Jessica Toonkel Marquez
MUTUAL FUNDS MAY 17, 2010
Morningstar makes another buy

Investment research firm Morningstar Inc. on Monday said its French subsidiary reached a deal to buy Seeds Group, which provides investment consulting services, for an undisclosed amount.

By Associated Press
MUTUAL FUNDS MAY 17, 2010
Labor Department takes first step in regulation of target date funds

Recently released federal guidance regarding target date funds was just the first step in a process that eventually will include regulations for the investments

By Mark Schoeff Jr.
RETIREMENT PLANNING MAY 17, 2010
Labor Dept. inches closer to providing target date guidance

The Employee Benefits Security Administration is planning to publish a compliance checklist for target date fund selection this spring

By Darla Mercado
ALTERNATIVES MAY 16, 2010
Wells Fargo, Nationwide, Wilshire seek to expand asset class offerings

Fund firms also trying to help investors manage their emotional response to the current volatility.

By Bloomberg
MUTUAL FUNDS MAY 16, 2010
First-ever mutual funds for MLPs hit market

SteelPath Fund Advisors last week launched three mutual funds that invest in master limited partnerships, the first of their kind allowing retail investors to gain access to the MLP universe

By Jeff Benjamin
MUTUAL FUNDS MAY 13, 2010
Tax-loss overhangs allow investors to benefit from 2008 downturn

Embedded capital losses, which represent a combination of realized and unrealized losses, offer a rare opportunity for mutual fund investors in taxable accounts.

By Jeff Benjamin
MUTUAL FUNDS MAY 12, 2010
First-ever retail MLP funds hit market

SteelPath Fund Advisors today launched three mutual funds that invest in master limited partnerships, the first of their kind allowing retail investors to gain access to the MLP universe.

By Jeff Benjamin
MUTUAL FUNDS MAY 10, 2010
New Janus CEO to focus on mutual fund inflows, says firm's chairman

Mutual fund company tabs former COO at Pimco as its next chief executive.

By Bloomberg
MUTUAL FUNDS MAY 07, 2010
Fund managers facing higher taxes

Top congressional Democrats reached an agreement to increase taxes on managers of buyout firms and other investment funds as part of a jobs bill they plan to put to a vote tomorrow in the U.S. House, lawmakers said.

By Bloomberg
ALTERNATIVES MAY 05, 2010
AQR to offer mutual funds only through advisers

Retail investors will no longer be able to buy mutual funds from AQR Capital Management without going through a financial adviser, starting Oct. 30.

By Jessica Toonkel
MUTUAL FUNDS MAY 04, 2010
OppenheimerFunds ex-boss Macaskill named CEO at First Eagle

Bridget A. Macaskill, president and COO of First Eagle Investment Management, was also named CEO.

By Douglas Appell