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.
The rule would cover passive and actively managed ETFs — at least those that promise to divulge their holdings.
The Financial Industry Regulatory Authority Inc. is drawing the ire of some brokerage firms by partnering with the AARP — a group that some in the industry see as a competitor.
The Vanguard Group Inc. has slashed costs on five more exchange traded funds in its latest effort to play catch-up with Barclays Global Advisors.
Managed accounts aren't popular default options in 401(k) plans, because fees are too high for plan executives to justify, leaving them concerned about fulfilling their fiduciary responsibility, experts say.
RevenueShares Investor Services LLC became the latest firm to enter the exchange traded fund market Friday, launching three ETFs based on indexes weighted by the amount of company revenue.
Some people might describe the American Beacon International Equity Fund (AAIPX) as an international fund for the faint of heart because it doesn't expose investors to far-off and exotic markets.
As it presses to improve profitability, Putnam Investments may also have to contend with even more upheaval among its mutual fund managers.
Closed-end mutual funds caught in "failed" preferred-securities auctions are making investors nervous, but industry experts and advisers say there are opportunities for those who look beyond the current turbulence.
Assets in managed accounts grew by 20.1% last year, hitting $1.49 trillion, according to the Money Management Institute.
Cincinnati-based Gateway will retain its name and portfolio managers.
