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Loomis Sayles on Wednesday launched the Loomis Sayles Absolute Strategies Fund, a flexible, risk-managed absolute return fund.

After superior fund performance, advisers look for breadth of product knowledge and business-building support, according to a new study by Cogent Research, Adviser Touchpoints 2010, released Tuesday.

Investors pulled $4.0 billion out of long-term stock funds in November, according to Morningstar. That brings the total outflow to $67.7 billion for the year.

The Financial Services Authority is asking fund managers to improve how they monitor risks involved with derivative transactions.

Legg Mason has hired Peter H. Nachtwey as chief financial officer and a member of its executive committee, reporting to Chairman and CEO Mark R. Fetting.

Baby Boomers are set to inherit $8.4 trillion, and have already inherited $2.4 trillion, according to The MetLife Study of Inheritance and Wealth Transfer to Baby Boomers. Overall, two-thirds of Baby Boomers stand to receive some inheritance in their lifetime.

Ninety-six percent of institutional investors overwhelmingly believe Europe will be able to avoid a “full-fledged crisis,” according to the inaugural Barclays Capital Global Macro Survey.

The outlook of chief executive officers of leading companies improved significantly in the fourth quarter from the previous quarter, according to the Business Roundtable’s 2010 CEO Economic Outlook Survey.

Wall Street’s bonus picture for 2010 is not looking good.

According to a study by ING Retirement Research, investors who work with a a financial professional report saving significantly more for retirement.

Bank of America Merrill Lynch has announced launched electronic FX options trading capabilities for institutional and corporate clients.

Asset management fees for hedge funds, private equity, infrastructure and real estate have all fallen in both pooled and separately managed accounts, according to the 2010 Asset Manager Fee Survey by Mercer.

The Securities and Exchange Commission has approved the request of four U.S. stock exchanges to extend the pilot program for market-wide circuit breakers launched after the May 6th Flash Crash to April 11.

Individuals aren't as interested in Roth conversions as many advisers expected.

Fidelity has introduced a report analyzing the proposed cost-basis requirements and those finalized by the Internal Revenue Service to help registered investment advisors and broker-dealers meet the Jan. 1 effective date.

Currently, wirehouse market share is at 56% of total fee-based managed account assets, but Cerulli Associates predicts that market share will tumble to 50% by 2014.

As cost-basis reporting becomes a reality, the investment industry is facing one of the most sweeping legislations of our time. This legislation impacts most aspects of shareholder interaction, including new account openings, trading and reporting. Firms face increased expenses implementing the legislation through increases in staffing requirements for trade processing and investor education and system enhancements.

Recent, surprisingly positive signs for the economy and the markets are on the rise-indicating that investors might return to equities and equity funds in 2011.

Charles Schwab has named Marie A. Chandoha president and chief executive officer of Charles Schwab Investment Management Inc., the investment advisor to the Schwab and Laudus Funds.

PHOENIX-Investors' renewed respect for risk management and interest in global opportunities will drive an entire new wave of index innovation, speakers at Investment Management Network's "Super Bowl of Indexing" predicted last week.