Special Program Root Tag

WASHINGTON, D.C. -- In the 1964 movie, a "fail-safe" point is where you sent fighter aircraft to meet a potential threat and await further instructions, before firing.

WASHINGTON—While investors have overwhelmingly stayed the course and remained invested in mutual funds following the financial crises of 1987, 1990, 2000 and 2008, the latest credit crisis has greatly reduced investors’ risk tolerance, said Investment Company Institute Chairman Edward C. Bernard in his opening keynote address to the ICI’s General Membership Meeting Wednesday here.

WASHINGTON—The U.S. economy, while not poised to grow as rapidly as emerging nations and saddled with a $1.4 trillion a year deficit, has the fundamentals in place and “the resiliency and strength” to reclaim its position as the leading economy of the world, Treasury Secretary Timothy Geithner told attendees at the Investment Company Institute’s General Membership Meeting here Wednesday.

Active traders are optimistic about the stock market, so much so that they plan on investing their tax refunds in the market.

The SIX Swiss Exchange has begun trading in 12 exchange-traded funds created by State Street Global Advisors.

Genworth Financial Wealth Management has introduced a streamlined approach to diversifying investments through its Genworth Portfolio Solutions (GPS).

Hatteras Funds has added two single strategy hedged mutual funds to its lineup of alternative mutual fund products. They are the Hatteras Long/Short Equity Fund and the Hatteras Long/Short Debt Fund.

Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, rose 2.2% in the first quarter, with positive performance in each month.

Global X Funds has launched the Global X Food ETF, in anticipation of growing demand for food, driven by the growth of emerging market nations.

Twenty of the 25 fastest-growing fund firms have less than $5 billion in assets under management, Strategic Insight said.

The Federal Reserve’s ultra-easy monetary policy has been a major cause of rising corporate profits and a broader recovery, says Black Rock Chief Equity Strategist Bob Doll. The Fed has also helped bring about the decline in the dollar, boosting exports.

Lord Abbett has launched the Lord Abbett Inflation Focused Fund.

Exchange-traded funds are undeniably popular, but one in four financial advisers, 25.8%, do not use them in their clients’ portfolios, a survey of 768 advisers by Kasina and Horsesmouth found.

The Securities and Exchange Commission will revisit 12b-1 fees in July, potentially putting a cap of 25 basis points on them and renaming them to clearly indicate their use for marketing purposes, said SEC Commissioner Elisse Walter.

Harbor Funds on Monday announced two new funds, the Harbor Emerging Markets Debt Fund, to be managed by Stone Harbor Investment Partners, and the Harbor Convertible Securities Fund, to be managed by Shenkman Capital Management.

BOCA RATON, Fla. -- The United States' economy has "in absolute and relative terms been a better bet" than other economies around the globe -- and the death of Osama Bin Laden may well change how the rest of the world looks at America's prospects, CNBC Analyst and Commentator Ron Insana said Monday morning.

If you're running a mutual fund company and worried about what regulators might start to expect of you to maintain "transparency" in your operations, you might take a sneak peek at hedge funds.

Nearly one in five Americans, 19%, have drawn on their retirement savings in the past year to cover emergencies, a survey of 1,004 adults by Princeton Survey Research Associates International for Bankrate in early April found.

It was widely hoped that at least one silver lining in the recession of December 2007 through June 2009 would be chastened investors with a newfound respect for living within their means, saving and preparing for retirement.

Janus Chief Financial Officer Greg Frost, will leave the firm on or around Aug. 1 and will be replaced by Bruce Koepfgen, who will join the firm in the beginning of June and succeed Frost in early August.