Portfolio

In today's age of smartphones, 4G speed and an app for just about everything, it's almost impossible to imagine that data, the fund industry's most strategic asset, is largely processed manually into spreadsheets.

Fidelity Investments has closed off one of its funds to new investors.

If you thought the path to the mutual fund world is a straight line, then you haven't met John Brandmeyer, who transformed a family business from selling medical products to marketing funds.

For alternative mutual funds, 2012 was a mixed bag.

Scout Investments, Inc. today announced that its assets under management surpassed $25 billion earlier this month, compared to 19.7 billion at the end of 2011.

Mutual funds overall may have enjoyed a hot week of flows. But not so for money market mutual funds.

Hennessy Advisors closed out 2013 with a huge ramp up in assets thanks to its acquisition of funds from FBR Funds.

These often-reclusive businesses manage the finances of America’s affluent and occasionally complete with banks for clients and employees. These offices have interesting back stories.

If you want to keep them on track, forget nitty-gritty details and focus on these six major themes.

Tax-exempt money market funds gave up two-thirds of the impressive gains they generated last week.