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Columbia Management has launched two absolute-return funds, the Columbia Absolute Return Multi-Strategy Fund and the Columbia Absolute Return Enhanced Multi-Strategy Fund. Both funds use multiple strategies to reduce portfolio volatility.
April 4 -
TD Ameritrade has opened its five fund-of-fund portfolios, the Amerivest ETFs, to include exchange-traded funds. Previously, the portfolios only invested in mutual funds.
April 4 -
PALM DESERT, Calif.-Eileen Rominger, in her first appearance before a gathering of members of the mutual fund industry's largest trade group, said that compliance with existing and forthcoming rules as well as robust regulation of these is essential to achieving and maintaining the trust and confidence of investors.
April 4 -
PALM DESERT, Calif.-At the start of 2010, the Securities and Exchange Commission established a specialized unit within its Enforcement Division devoted to the looking for fraud and other perfidies in the $40 trillion field of asset management
April 4 -
Fund managers who think that only brokerage firms and banks should worry about the operational and technological changes being wrought by the Dodd-Frank financial reform legislation had better think twice.
April 4 - Money Management Executive
PALM DESERT, Calif.-The combined assets of the nation's 956 exchange-traded funds surpassed $1.03 trillion in February, by the tally of the Investment Company Institute.
April 4 -
"You've come a long way, baby," was the memorable slogan of the Virginia Slims ad campaign that kicked off in 1968.
April 4 -
Curian Capital has hired Mike Petko as divisional vice president, in charge of distribution efforts in the Eastern region. In this position, he will oversee a team of Curian's regional business consultants.
April 4 - Money Management Executive
The only things certain in life are death, taxes and, according to Federated Investors, dividends.
April 4 - Money Management Executive
In a new report based on 20 years of stock research, Turner Investments finds that earnings do, in fact, drive stock performance.
April 1 -
The Bloomberg Consumer Comfort Index rose to -46.9 in the week ended March 27, its first increase in five weeks. The index is based on telephone interviews with 1,000 consumers aged 18 and over.
April 1 - Money Management Executive
Eighteen funds from USAA Investment Management are now on the Fidelity individual investor and retirement plan sponsor platform.
April 1 - Money Management Executive
Although 68% of asset managers have a social media strategy, that number should be far higher to meet consumer and financial intermediary interest, according to a new report from kasina. Only 34% have a budget dedicated to social media and 46% have firm management commitment to execute the strategy.
April 1 -
Lazard Asset Management has launched the Lazard Emerging Markets Multi-Strategy Portfolio, a mutual fund that will employ both emerging markets equity and debt strategies
April 1 -
Chief executive officers’ outlook for their company and economy improved markedly in the first quarter from the end of 2010, the Business Roundtable First Quarter 2011 CEO Economic Outlook Survey shows.
April 1 -
Putnam Investments announced Thursday that the Lifetime Income Analysis Tool it developed for 401(k) plans to show investors how much monthly income their savings will deliver, has motivated investors to increase their retirement savings rate by an average of 23%. Participants can use the tool to change their retirement date, portfolio mix and contribution rate to immediately see the impact.
March 31 -
While healthcare costs are inevitably going to rise in the future, a 65-year-old couple retiring in 2011 will likely spend $230,000 on healthcare throughout their retirement, Fidelity estimates. This is an 8% decline from the $250,000 retiring couples in 2010 will need, due to recent changes in Medicare, Fidelity said.
March 31 - Money Management Executive
Long-term mutual funds saw inflows of $2.18 billion for the week ended March 23, the Investment Company Institute said.
March 31 -
MFS Investment Management has rolled out the MFS Global Multi-Asset and MFS Absolute Return funds in response to growing demand for greater portfolio diversification and lower volatility through multi-asset class funds.
March 30 -
PALM DESERT, Calif. -- At the start of 2010, the Securities and Exchange Commission established a specialized unit within its Enforcement Division devoted to the looking for fraud and other perfidies in the $40 trillion field of asset management.
March 30