Mutual Funds

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MUTUAL FUNDS OCT 16, 2009
Four in five investors misusing target date funds, AllianceBernstein study finds

Target date fund investors may be happy with their plans — but they don't seem to be using them properly, according to a new study by AllianceBernstein LP.

By Jessica Toonkel Marquez
ETFS OCT 14, 2009
Rodney Johnson, manager of Dent Tactical ETF, embraces rally — skeptically

Embracing the stock market's seven-month rally comes with some mixed emotions for Rodney Johnson, manager of the Dent Tactical ETF (DENT).

By Jeff Benjamin
MUTUAL FUNDS OCT 14, 2009
Next run on money market funds could kill industry, SEC official says

If money market funds experience another run similar to the one that happened in September 2008, the money fund industry is unlikely to survive in its current form, according to an SEC official who has done extensive work on money fund regulation.

By Sara Hansard
MUTUAL FUNDS OCT 13, 2009
Morningstar: Mutual fund assets surge in 3Q, but American Funds still saw outflows

While the third quarter proved to be a big comeback month for inflows into open-ended mutual funds overall, one mutual fund behemoth continued to bleed assets, according to a report today from Morningstar Inc.

By David Hoffman
MUTUAL FUNDS OCT 12, 2009
Mutual fund fees don't put the squeeze on returns, study finds

Mutual fund fees have no effect on shareholder returns, according to research from D. Bruce Johnsen, a professor at George Mason University School of Law.

By David Hoffman
MUTUAL FUNDS OCT 11, 2009
Fund firms profile behavior of advisers

By David Hoffman
MUTUAL FUNDS OCT 09, 2009
Manager of $3.6B Thornburg fund to step down

William Fries will step down as co-manager of the $3.6 billion Thornburg Value Fund (TVAFX), on Jan. 1, according to a statement released today by Thornburg Investment Management Inc.

By Mark Bruno
MUTUAL FUNDS OCT 09, 2009
Mutual fund giants start using terrorist identification tactic to target financial advisers

Law enforcement uses behavioral profiling to identify terrorists, and now mutual fund companies are starting to apply the methodology to financial advisers to target sales and marketing efforts more effectively.

By David Hoffman
MUTUAL FUNDS OCT 09, 2009
Money market mutual fund assets surge to $3.446T

Total money market mutual fund assets rose by $16.72 billion to $3.446 trillion for the week, the Investment Company Institute said Thursday.

By Bloomberg
MUTUAL FUNDS OCT 09, 2009
Franklin Resources assets jump $28B in one month

Mutual-fund manager Franklin Resources Inc. said Thursday it ended September with 3 percent more assets under management than at the same time a year earlier.

By Associated Press
ETFS OCT 08, 2009
ETF assets surged last month, hit record $695B

Exchange-traded-fund assets reached an all-time high of $695 billion at the end of last month, according to data released today by State Street Global Advisors.

By David Hoffman
MUTUAL FUNDS OCT 07, 2009
Big deals are back: Large companies shedding asset managers, driving M&A activity

Larger financial institutions shedding their asset management business accounted for the bulk of mergers-and-acquisitions activities in the third quarter, a trend that will continue in the months ahead, according to a report today from the financial-institutions group of Jefferies & Co. Inc.

By David Hoffman
MUTUAL FUNDS OCT 07, 2009
Investors ignore fund costs, at their peril

A study by university researchers suggests the adage about horses not drinking even if you lead them to water is also true of mutual fund investors.

By Bloomberg
ETFS OCT 06, 2009
Grail Advisors to roll out two new actively managed ETFs

Grail Advisors LLC filed to offer two actively managed exchange traded funds: the Grail McDonnell Intermediate Municipal Bond ETF and the Grail McDonnell Core Taxable Bond ETF.

By David Hoffman
MUTUAL FUNDS OCT 05, 2009
Mutual fund companies dial up disclosures in advance of new regs, survey shows

The number of mutual fund firms sending out summary prospectuses is trending upward, as providers gear up for a new rule that will require more disclosures next year, according to data released today by NewRiver Inc.

By Bloomberg
ETFS OCT 05, 2009
Jefferies rolls out commodities ETF — with a twist

By Bloomberg
ETFS OCT 05, 2009
Barclays rolls out ETF-based charitable-giving program

Barclays Global Investors has launched the iShares Charitable Giving Program, which offers clients access to donor-advised funds using pools of its exchange-traded funds.

By Bloomberg
ETFS OCT 04, 2009
Muni ETFs gain popularity, but are they a good fit?

Exchange-traded funds that invest in municipal bonds are gaining in popularity, but some industry watchers think that mutual funds are a better option.

By David Hoffman
ETFS OCT 02, 2009
ETFs gain popularity in muni market, but are they a good fit?

Exchange-traded funds that invest in municipal bonds are gaining in popularity, but some industry watchers believe that mutual funds are a better option.

By David Hoffman
ETFS OCT 01, 2009
Mutual funds squeezed by competition from ETFs, pressure from distributors

Mutual fund companies are under more pressure to lower fund expenses at a time they're being squeezed by distributors for more cash, said speakers at a mutual fund conference today in Boston.

By David Hoffman