While mutual fund companies and brokers are enthusiastic about a proposal to simplify fund prospectuses, they object to the idea of filing quarterly performance and holding updates, according to comments filed late last month with the SEC.
Despite a sinking stock market, investment research firm Morningstar Inc. is mapping plans to increase its product lineup in 2008.
Industry observers are cheering the news that the hugely popular American Funds group stood up to regulators — and won.
Financial advisers are glad to see that competition is heating up in the nascent exchange traded note market.
The recent push by the Financial Industry Regulatory Authority Inc. to return money to harmed mutual fund investors was part of what should be a never-ending effort by the financial services industry to find ways to maintain consumer faith in the marketplace.
Investors have gotten used to associating the Asian equity markets with growth, but dividends are often an overlooked and potentially rewarding opportunity.
the Bear Stearns Current Yield Fund (YYY) will begin trading on the American Stock Exchange on March 18.
Investors will be the ultimate winners if a Securities and Ex-change Commission proposal to permit exchange traded funds to operate without having to obtain individual exemptive orders becomes a reality.
ETFs could start up more easily and mutual funds could make larger investments in them under the proposal.
Dodge & Cox's intention to launch a global-stock fund in April or May has observers trying to read the tea leaves.
The investment community appears to be catching on to the idea behind the Rydex Managed Futures Strategy (RYMFX), a first-of-its-kind registered mutual fund that provides synthetic exposure to the futures markets.
Exchange traded funds that are based on fundamental indexes have ballooned in number, but they are having a hard time attracting assets.
Mutual fund companies are arming their wholesalers with new tools to help financial advisers manage client anxiety about the roller-coaster markets and unsettling financial news.
Financial advisers know little of William McNabb III, who today replaces John J. Brennan as president of The Vanguard Group Inc. and who will be taking Mr. Brennan's position of chief executive in about a year.
The push for actively managed exchange traded funds, the Holy Grail of the ETF industry, is intensifying.
Exchange traded funds are one of the fastest-growing investment vehicles, but until now, they have been passive investments.
The firm is the first provider to receive exemptive relief from the SEC for actively managed ETFs in registration.
There were 50 fewer launches in 2007 as compared to 2006 for the first year-to-year fall since the millenium.
The firm an application with the SEC for exemptive relief for a series of actively managed, target-date exchange traded funds.
