A cold front materialized in the first quarter for the once-hot emerging-markets-equity sector as U.S. investors pulled out $1.85 billion from the fund category.
While they trust financial advisers, most wealthy investors are not satisfied with the amount of information they get from their mutual fund companies, according to the results of a new survey.
Domestic-equity funds posted net inflows of $17.5 billion and government funds had nearly $3 billion.
Congressmen question an apparent conflict of interest between holders of auction rate securities and fund companies.
The redemptions would be the first involving tax-free closed-end funds caught in failed auctions.
While some financial services firms tighten their belts in times of economic uncertainty, others see it as a good time to add sales jobs.
If investors were expecting the first actively managed exchange traded funds to look anything like their mutual fund counterparts, they are probably disappointed by three ETFs that Invesco PowerShares Capital Management LLC introduced this month.
Investors Capital Advisory Services has released a new mutual fund wrap program named FundSelect.
ActivePassive Funds group has launched on several platforms including those of Fidelity, Pershing and TD Ameritrade.
The number of mutual funds voting against climate change resolutions declined from 77.8% in 2004 to 65% in 2007.
Responding to advisers who complain that the iShares brand means little to their clients, Barclays Global Investors is modifying its marketing.
Tomorrow is the deadline for filing income taxes, but investors are already thinking about ways to pay less next year — driving more to consider tax-managed mutual funds.
As Roger W. Ferguson Jr. takes the helm of TIAA-CREF today, he assumes control of a company that often frustrates financial advisers.
The original thinking behind the development of the SmartGrowth ETF Lipper Optimal Growth Index Fund (LPGAX) was to create a viable alternative to traditional asset allocation models.
As more companies begin to offer exchange traded notes, it's beginning to look like the small but growing ETN universe could one day be a competitor to mutual funds and exchange traded funds.
The era of declining mutual fund expenses is over, and in fact, the cost of investing in a fund may soon be headed back up.
Service providers to 401(k) plans should not be required to be fiduciaries of the plans, the Department of Labor is being told.
Expanding into what some industry observers see as a significant growth area, Sentinel Asset Management Inc. last week launched two funds focused on socially conscious investing.
Invesco PowerShares Capital Management also has launched an actively managed fixed-income ETF.
