The average asset-weighted expense ratio for mutual funds in 2007 was 0.90%, remaining flat from the previous year.
Having watched the as-sets under management in the <b>Henderson International Opportunities Fund</b> (HFOAX) double to $3.9 billion over the past year, manager Iain Clark is satisfied that the portfolio was positioned in advance to handle the flood of inflows.
If U.S. mutual funds are going to compete effectively in the international marketplace, a new global fund model needs to be created, according to the fund industry's leading trade group.
SEC commissioner Paul S. Atkins is continuing his campaign for a "new-product czar" to shepherd products through the agency's Byzantine approval process.
Among 18 mutual fund companies studied, the average firm posted an pre-tax profit margin of 33%.
Pimco RealRetirement Funds is meant to help retirees stay ahead of inflation by maximizing their purchasing power.
The Charles Schwab Corp.'s largest bond fund has lost more than 80% of its assets over the past 10 months as investors have fled the mortgage-backed securities in which it invested heavily.
In a break with the previous 10 months, investors poured $3.3 billion more into domestic stock funds in February than they took out.
Vanguard announced several reassignments of portfolio managers in its fixed income and money market funds.
PowerShares Global Nuclear Energy Portfolio is designed to track the overall performance of companies in the nuclear energy industry.
Roving reporter Aaron Siegel quizzed conference attendees on their views on finance ... and the NCAA tournament.
SSgA launched a new ETF that tracks Deutsche Bank’s DB Global Government ex-U.S. Inflation-Linked Bond Capped index.
AMEX has launched the Bear Stearns Current Yield Fund today, touting it as the the first actively-managed ETF to hit the market.
Even as the financial services industry scurries to provide advisers with better retirement income vehicles, advisers continue to criticize the new products.
Morgan Stanley & Co. Inc. of New York is cutting its four retail divisions down to two, creating a South/West division and a Northeast/Central division.
Educating financial advisers about leveraged-index funds is one goal that Dan O'Neill embraced when he took over last month as Direxion Funds' chief executive.
Mutual funds that offer managed payouts designed to give investors a steady stream of income have caught the attention of Andrew J. "Buddy" Donohue, director of the division of investment management at the Securities and Exchange Commission.
Providers of exchange traded products are developing investments that give investors the ability to more accurately pinpoint risk.
