Financial planners and investment advisers apparently are doing their jobs well — their clients and other individual investors are diversifying their investments as never before.
To introduce brokerage customers to its life cycle mutual funds, John Hancock Financial Services Inc. has unveiled a free Internet tool that allows advisers to generate investment plans for clients.
With the launch of the first-ever life cycle exchange traded funds, TDAX Funds Inc. plans to muscle in on the fast-growing life cycle mutual fund market.
Although top mutual fund managers increased their advertising budgets by 20% last year, to almost $231 million, overall ad spending on mutual fund products — by all types of financial providers — declined by about 14%.
Asset class is the key basis for deciding among active versus passive management strategies for mutual funds.
The first state-specific municipal bond exchange traded funds began trading today, Barclays Global Investors announced.
The SPDR Lehman International Treasury Bond ETF began trading today, State Street Global Advisors announced.
Rydex has kicked off a web initiative to put investors in the know about exchange traded funds.
Investors' increasing appetite for ETFs and alternative investments is sapping money from stock funds — a trend that some say could last for several years.
The number of mutual funds receiving the highest possible stewardship grades from investment research provider Morningstar Inc. dropped, while the number receiving the lowest grades increased as a result of the company's Sept. 25 revision of its grading system to impose new, tougher standards.
The ETF 50 Index increased 4.7% in September, marking its largest monthly gain this year.
The five TDAX Independence ETFs are a joint venture between TD Ameritrade and XShares Advisors.
New legislation is being written as congressional interest in 401(k) fee disclosure rules heats up in advance of a round of hearings set for this week.
The PowerShares International Listed Private Equity Portfolio has generated quite a lot of buzz.
The Vanguard Group today filed for a new series of mutual funds designed to provide monthly payments to retirees.
Total assets of the 546 ETFs listed in the U.S. rose 3.7% to $507.11 billion in August.
