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PineBridge Investments is getting out of the mutual fund business.

For the week ended Oct. 3, investors yanked an estimated $10.6 billion from U.S. stock mutual funds, bringing total outflows for the year to more than $103 billion.

The Investment Company Institute’s Board of Governors has elected ICI Chairman Greg Johnson, president and chief executive officer, Franklin Resources, to serve an additional one-year term.

MainStay Investments earlier this month finalized the adoption of the MainStay Marketfield Fund (MFLDX; MFADX).

More than half (52%) of all institutional investors around the world plan to rethink over the next decade the traditional way they’ve always allocated the assets under their control, according to the results of a survey by Pyramis Global Advisors.

Small banks had total investment revenue of $266 million for the first half, up 11% over the same time period last year: report.

Despite a market surge, fewer wealthy investors are satisfied with their advisors' performance.

Wall Street executives show a more conservative outlook toward their investments, but a majority still avoid a financial advisor.

More than one-third of the nation’s largest pension plans and institutional investors believe that traditional investing approaches will not be effective in 10 years.

Most households with between $100,000 and $500,000 in investable assets do not have a retirement income plan and have not worked with a financial advisor, presenting a “sweet spot” for asset managers, according to findings from a Cerulli Associates retirement report released on Wednesday.

Although most of your clients are focusing more on retirement planning and taking the necessary steps to prepare, there are some danger signs advisors and clients must be ready for.

Although most of your clients are focusing more on retirement planning and taking the necessary steps to prepare, there are some danger signs advisors and clients must be ready for.

State Street Global Advisors—through SPDR ETFs, the firm’s exchange-traded funds platform— has launched the first ever ETF in Europe to track the S&P 500 Low Volatility Index.

What is your client experience like? The "Referral Doctor," Steve Wershing, asks, have you designed it to be like a fast food chain, or a high-end dining establishment?

Goldman Sachs Asset Management Andrew “Buddy” Donohue, the former head of the U.S. Security and Exchange Commission's Division of Investment Management as its deputy general counsel.

The exchange-traded funds industry continues to boom, as assets under management topped a record $1.29 trillion as of the end of the third quarter of this year, according to the ETF Snapshot: September 2012, from State Street Global Advisors.

Mass affluent and millionaire investors remain pessimistic about the near-term economic outlook, according to a survey by Phoenix Marketing International, but the results were a tad better than compared to the rest of this year.

The tax-exempt market ended Tuesday weaker, continuing a sell off that began Friday after almost three weeks of gains.

Far removed from last year's Occupy-style protests in Chicago, customer experience shortcomings are still a big topic of discussion at 2012's BAI Retail Delivery Conference in Washington. New mobile innovation and social media advancements are two ways for banks to up their game.

Main Street Americans may not spend much time fending off solicitations from giant advisory firms but they certainly stroll through shopping malls. In a few upscale centers, they’ll find an America’s Retirement Store, where they’ll be welcome.