Displaying 120 results
Crowd funding draws scorn from NASAA
Crowd funding, a capital-raising mechanism designed to help small businesses, could become the next Regulation D-like rip-off, according…
‘Crowd-funding’ bill stalls in Senate
Legislation that would allow companies to raise capital online in increments of up to $10,000 per investor sailed through the House in early November by a 407-17 vote.
Jack Herstein: Empowering state securities cops
State securities regulators sometimes must feel like schoolyard weaklings, constantly being picked on by the bigger guys in the political playgrounds of Washington.
American’s flagship fund sinks active management
Actively managed mutual funds recorded $8.6 billion in outflows last year; investors pulled whopping $33 billion from Growth Fund of America
Wave of new offerings coming from flagging American Funds
Second-largest mutual fund family plans to unveil eight funds this spring; launched only three over the past decade
NASAA releases list of top 10 swindles, scams and traps
Investor scams are alive and well, according to the North American Securities Administrators Association Inc., which published its…
Growth Fund of America flags as U.S. standard-bearer
Growth Fund of America has lost its status as the largest U.S. equity mutual fund, a position it…
American flags as standard-bearer fund sees substantial outflows
Redemptions at American Funds is on the rise -- for the fourth straight year. And in August, its standard-bearer Growth Fund of America finally lost its place as the largest mutual fund in the U.S. To stem the tide, the fund firm is actively reaching out to advisers. | Extra The fund firms advisers are most loyal to
Merger pace slow for life insurers in 2010
U.S. life insurers had a fairly small appetite for mergers and acquisitions last year, with much of the activity encompassed in AIG's shedding of its foreign life insurance subsidiaries
American Funds’ offerings post big outflows in first half
Investors are continuing to flee American Funds' offerings
Growth Fund of America saw $12.5B walk in the first half
Investors are continuing to flee American Funds' offerings. Three funds from the group, a favorite of advisers, made the top five in most outflows for the first half of the year.
American Century targets advisers
American Century Investments has never been on most advisers' radar screens
Reg switch from SEC to states delayed until 2012
Like many other areas of the sweeping Dodd-Frank financial regulatory reform law, the transfer of some investment advisers…
American Funds is top fund family for indie B-Ds
Despite billion of dollars in outflows, American Funds is the most popular fund group among independent broker-dealers, according to a survey conducted by InvestmentNews.
American Funds executive blames advisers for outflows
Industry observers and financial advisers have expressed their surprise to see American Funds point the finger at them…
Securities America on brink without legal settlement
Securities America Inc. could go out of business if a federal judge does not approve a $21 million class action settlement related to private-placement litigation against the company
Did American Funds’ exec diss advisers?
In a recent interview, American Funds Distributor's president Kevin Clifford reportedly blamed the recent fund outflows at American on pollyanna-ish sales pitches at the retail level. Not surprisingly, those working at the retail level -- namely, advisers -- did not take kindly to the suggestion.
Target groups see changes to rankings
Morningstar Inc. has updated its quarterly ranking of large target date fund groups, raising its rating on TIAA-CREF and MassMutual Retirement Services, while lowering its rating on Fidelity Investments
American biggest loser in outflows last year
Offerings from American Funds, Fidelity Investments and The Vanguard Group Inc. had the biggest net outflows last year, according to Morningstar Inc.
The most popular funds in the 401(k) market
The American Funds Growth Fund of America (AGTHX), Pacific Investment Management Co. LLC's Total Return Fund (PTTAX) and American Funds' EuroPacific Growth Fund (AEPGX) are the three most popular mutual funds in the 401(k) market, according to research being released today.
