Portfolio

Traditional mutual funds may have recovered the ground they lost in the market turmoil of 2008, but even so, investors are not convinced that active management gives the best bang for their buck.

The U.S. Department of Labor's new regulations on 401(k) fee disclosures will serve as a wake-up call to plan sponsors and participants alike, once they stop hitting the snooze alarm, that is.

The husband and wife team had lots of experience. They had worked at large mutual fund shops, then struck out on their own .They got to $20 million in assets, mostly from friends and family. Then, he died.

Global X Funds, the New York-based provider of exchange-traded funds is liquidating four funds next month.

Federated, which bought more than $4 billion in money fund assets from Fifth Third earlier this month, has folded some $929 million in assets of Performance Funds Trust into its portfolio.

Federated Investors is on a roll.

Global X Funds, the New York-based provider of exchange-traded funds is liquidating four funds next month.

WisdomTree is betting that its latest exchange-traded fund, WisdomTree China Dividend ex-Financials ETF (CHXF), will satisfy investors’ appetite for Chinese dividend-paying stocks outside of the financial sector.

No, not that Bush.

RBC Global Asset Management has added Tom Heflin and Christina Cryer to further drive the expansion of the firm’s distribution team.