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NEW YORK -- It's difficult to determine what something is worth if no one is buying or selling it.

The mutual fund industry should proudly celebrate Americans' 73% approval rating for 401(k)s, according to an Investment Company Institute report, "Enduring Confidence in the 401(k) System."

The banking company's fourth-quarter earnings quadrupled as it continued to see strong growth from its asset management business.

Glenmede’s growth strategy is a little bit boring, but that is just the way the Philadelphia-based investment and wealth management company’s new chief executive officer likes it.

Investors who put money into a real estate investment trust at the beginning of 2000 earned higher returns by the end of the decade than from their investments in any other equity sector.

As investors became more cautious in 2009 they moved their money away from U.S. equity funds and into bond funds.

Despite the fact investors are more conservative after getting slammed by the recession, advisors and their clients are optimistic about the year ahead, with advisors looking to grow their business and improve their use of technology.

A new president at first Midwest Securities, executive changes at Putnam Investments, and more.

Long-term mutual funds took in inflows for the 43rd straight week, netting $10.61 billion in the week ended Jan. 6, according to the Investment Company Institute. Over the past nearly 11 months, beginning at the nadir for the markets on March 9, funds have taken in a total of $427 billion.

Axa Distributors, the annuity wholesale distribution unit of Axa Equitable, has created a comprehensive retirement income planning curriculum for financial professionals it is calling “Cracking the Code.”

Estimate Higher Than Last Year

Sir Richard Branson's foray into U.K. financial services is gathering speed, but in this country, he needs a new driver.

Industry watchers' description of the plan to charge a 15-basis-point fee on net liabilities ranged from an annoying, yet manageable, cost to a misguided policy.

With it increasingly likely that a bipartisan reform bill in the Senate would not include an independent, powerful Consumer Financial Protection Agency, lawmakers are exploring alternatives.

REITs were the best-performing equity category of the past decade, according to the National Association of Real Estate Investment Trusts.

AXA Distributors, the annuity wholesale distribution unit of AXA Equitable, has created a comprehensive retirement income planning curriculum for financial professionals it is calling “Cracking the Code.”

Long-term mutual funds took in inflows for the 43rd straight week, netting $10.61 billion in the week ended Jan. 6, according to the Investment Company Institute. Over the past nearly 11 months, beginning at the nadir for the markets on March 9, funds have taken in a total of $427 billion.

Since its “Be on the green line” advertising and marketing campaign has resonated so well with customers, Fidelity has launched a “green line” video contest on YouTube.com that will pay $5,000 to the best video that interprets what that guidance means. Entrants are asked to give the impression that they are the “green line” in a well-produced video no longer than 90 seconds, that contains no music, that is in English and that features the Fidelity brand in a consistent manner.

Assets in exchange-traded funds around the world now surpass $1 trillion, soaring an astounding 45.2% from $710.9 billion at the end of 2008 to $1.032 trillion at the end of last year, BlackRock reported. By comparison, the return on the MSCI World Index in that timeframe was 27%, indicating that a good percentage of that growth was driven by inflows.

Financial Engines, an online 401(k) financial advisory firm aimed at individual investors, is planning a $100 million initial public offering aimed at large institutions and wealthy investors.