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Henry Blodget, former cheerleader for the dot-come bubble, names the big fund managers that got taken to the cleaners with the Facebook IPO.
August 16 -
BlackRock remains the behemoth in ETF/ETP assets under management, with a global market share of over 38% and a U.S. market share of more than 40%.
August 15 -
Investors poured $7.2 billion into bond funds last week, while pulling $3.6 billion from funds that invest in U.S. stocks.
August 15 -
Victory Capital Management has selected Citi Transaction Services for a range of middle office outsourced services.
August 15 -
Newfleet Asset Management has named Frank Ossino a senior portfolio manager of the Virtus Senior Floating Rate Fund.
August 15 -
U.S. bond fund investors have been more reliant on government bonds and corporates than their European counterparts but that will change if rates stay low.
August 15 -
JonesTrading Institutional JonesTrading to Acquire Conifer SecuritiesServices said it signed a letter of intent to acquire Conifer Securities from the Conifer Group.
August 15 -
As sales of ETFs boom, the SECs Office of Investor Education and Advocacy has released an investor bulletin on the investment vehicle.
August 14 -
WallachBeth Capital, an institutional brokerage firm, has created the WallachBeth Healthcare Research Group.
August 14 -
Equity fund investors appear to be exiting from mutual funds and investing in ETFs instead. Fixed income funds are a different story.
August 14 -
On August 30, the Department of Labor's Employee Benefits Security Administration participant fee disclosure rule, dubbed ERISA 404(a)(5), will go into effect.
August 14 -
First Trust Advisors has rolled out the First Trust NASDAQ Technology Dividend Index Fund and the Multi-Asset Diversified Income Index Fund.
August 14 -
On August 10, 2012, U.S. debt yields put you asleep. But you better be on your toes, with the adventure involved in emerging market bonds.
August 14 -
Bond fund sales grew at a record pace during the first half of 2012, according to Strategic Insight. Equity funds recorded net redemptions in aggregate.
August 13 -
Money-market fund companies obtained permission to support 155 of their funds during the financial turmoil of 2007 and 2008, and six more funds got the same go- ahead since the crisis, according to a list provided to Congress by the U.S. Securities and Exchange Commission.
August 13 - Money Management Executive
oward C. Greene, the lead portfolio manager for the John Hancock Bond Fund, has just passed the 10-year milestone at the helm of the $1.4 billion fund.
August 13 -
The Value Line Asset Allocation Fund has been added to the Schwab Mutual Fund OneSource Select List. The fund is ranked in Lipper's top 12% for the 10-year period.
August 13 -
Setting up a mutual fund in China or India may be appealing to U.S. fund companies because of the growing affluence and high savings rates in those countries. But it is a long and multi-faceted process.
August 13 -
The last decade has been rough for the mutual fund industry. This means boards of directors must have the tools for overseeing compliance and take on the oversight.
August 13 -
On August 13, 2012, Somewhere in the world this week, Jeffrey Gundlach is smiling.
August 10
