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It looks like Nationwide Mutual Insurance Company will have its day in court come January 2014 to defend itself against a mutual fund lawsuit.
July 5 -
The U.S. Court of Appeals for the District of Columbia Circuit has put alternative mutual funds on notice after ruling in favor of the Commodity Futures Trading Commission by upholding its recent amendments to Rule 4.5 that will require mutual funds that bet on gold, oil or other commodities to register as commodity pool operators.
July 5 -
Last month, State Street Global Advisors revealed numerous changes meant to modify its core teams in the traditional asset space.
July 5 -
One of China's biggest asset managers is looking to bring China and Asia-focused mutual funds to U.S. institutional and retail investors.
July 5 -
Mutual fund liquidations have risen within the first six months of 2013 compared to the same period last year.
July 5 -
Mutual funds and exchange-traded funds are both pooled investment solutions that can successfully offer an advisor's strategies to a larger group of investors.
July 5 -
Bill Grosss Pimco Total Return Fund (PTTRX), the worlds largest mutual fund, absorbed a record $9.9 billion in net redemptions last month as investors fled bonds in anticipation of the Federal Reserve scaling back its purchases.
July 5 -
BlackRock this week finalized its buy of Credit Suisse's exchange traded funds business, in a move that makes BlackRock's iShares platform the largest in the region.
July 5