-
Although advertisements and news stories about the latest product developments in exchange-traded funds are rife, there is no data available that allows investors to track the funds, according to mutual fund analysts and executives. That is because fund data and rating services are struggling to determine an accurate method of tracking the funds, they said.
June 12 -
Exchange-traded funds probably will not eliminate traditional mutual funds in the near future, but they may represent this decade's most significant product development in the fund industry, according to a survey released last week by Financial Research Corp., a financial-services tracking and consulting firm in Boston.
June 5 -
The majority of 401(k) participants choose lump-sum cash payouts when changing jobs instead of rolling over money into their new employer's plans or IRAs, according to a study by Hewitt Associates, a management consulting firm in Lincolnshire, Ill.
June 5 -
The Nvest Funds of Boston is planning to offer a fund that invests primarily in real estate investment trusts through one of Nvest's subsidiaries.
June 5 -
Dreyfus of New York has filed a registration statement with the Securities and Exchange Commission to offer a second technology fund, the Dreyfus Premier Nextech Fund.
June 5 -
The Warburg Pincus Funds of New York is planning to add two new technology funds - including a tech index fund - and a financial services fund to its lineup.
June 5 -
Strong Capital Management of Menomonee Falls, Wis. is reconsidering how to price the new class of shares it had announced it would create to sell through intermediaries.
May 29 -
Barclay's Global Investors' introduction of four new exchange-traded funds attracted close to $800 million in assets on their first day of trading on the American Stock Exchange.
May 29 -
The money management affiliate of the Pitcairn Trust Co. of Jenkintown, Pa., has filed a registration statement to offer a lineup of nine mutual funds.
May 29 -
Munder Capital Management of Birmingham, Mich. filed a registration statement May 9 for a new closed-end Internet fund, the Munder @Vantage Fund.
May 22