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The International Securities Exchange said Thursday that it intended to provide venture capital to the exchange-traded product industry.

Asset management firms recorded average profitability of 28% through 2010 and the first half of 2011, according to a new McKinsey report.

What if a fund manager could eliminate the custodian bank when it lends securities to a broker overnight?

BOSTON-When it comes to mutual fund wholesaling, social media is a young man's game. Sales and distribution today are still all about in-person connections.

Total inflows to long-term mutual funds were $836 million for the week ended Nov. 9, the Investment Company Institute said Wednesday.

Financial advisers are increasingly interested in hearing from asset managers’ marketing teams in a digital format, accessible via the Web, according to Kasina’s latest FA Vision report, created in conjunction with Horsesmouth.

Living more frugally and paying off debt has paid off for one in five retirees—but fewer are looking out to the future to estimate how long their assets will last in retirement.

Regulators implementing the Dodd-Frank Act are writing massive, complicated rules that corporations will maneuver to exploit and federal examiners will struggle to enforce

Not only do Americans expect to work longer to save enough for retirement, they expect to work way longer beyond that. New research by Wells Fargo shows that the anticipated retirement age has now stretched as much as 15 years past age 65.

Banks may be on shaky ground, but 43% of Americans see them as a trusted source for retirement advice, according to a survey by Hearts & Wallets. This is an increase from 41% a year ago.

HSBC Jintrust Fund Management has launched an on-shore RMB money market fund in China, raising RMB1.16 billion, or US$178 million, in its initial public offering, ended Oct. 28.

Fidelity has rolled out the next-generation of its Fidelity Investments for iPad app, available for free at the App Store or by updating an existing Fidelity iPad app.

Nearly nine out of 10, 87%, of Americans think the country will fall into another recession within the next two years, a Country Financial survey finds. However, only half, 51%, say they are prepared to handle it financially.

Calling the odds of a recession in the U.S. and beyond “uncomfortably high,” Morgan Stanley Smith Barney says it has shifted to an overweight position in safe haven assets and is underweighting risk assets. The change is “the most significant change to our tactical asset allocation in more than two years,” Morgan Stanley Smith Barney’s Chief Investment Officer Jeff Applegate and two colleagues wrote in a November markets report.

NEW YORK—“We believe in back-to-basics, commonsense investing with the goal of achieving some return above inflation while seeking lower volatility,” said Suzanna Hutchins, investment manager of global funds at Newton, an affiliate of BNY Mellon.

Citi Prime Finance had launched “Hedge Fund 3.0,” an outsourcing operating model to cover the core functions of launching, managing and building out successful hedge funds. With the aid of this program, Citi said, hedge funds can focus instead on their investment management, marketing and investor relations.

When CLS Investments convenes a meeting of its financial advisers these days, the chances are pretty good that technology will be on the agenda.

Global X Funds has launched the Global X Social Media Index ETF (SOCL), which it says is the first ETF that will globally focus on social media companies. The fund will cover companies that provide social networking, file sharing and other web-based media applications.

Cray launched an integrated file system that transfers more than 1 trillion characters of information a second. And it replaced IBM as the computing power behind a science project intended to push the limits of memory, data management and speed of processing.

Only 4% of plan sponsors have established goals to engage workers younger than 35 in their defined contribution plans, even though they know the younger generation's participation and contribution rates lag their older colleagues, a survey by Greenwich Associates for Northern Trust finds.