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Long-term mutual funds took in $3.5 billion in the week ended Dec. 29, marking the 42nd straight week for positive inflows, which now top $416 billion, the Investment Company Institute said.

TD Ameritrade has unveiled a series of tools and resources to help investors better understand how the 2010 Roth IRA modifications might affect their retirement benefits.

With the economy still on life support and inflation an increasing threat, the Federal Reserve will continue to act like a “sugar daddy” and leave interest rates untouched until 2011, predicts PIMCO Co-Chief Investment Officer and founder Bill Gross.

Charles Schwab Corp. announced Thursday that it plans to reduce its online equity trade commissions and add new products in an effort to gather customers and assets.

Baron Funds has debuted the Baron Real Estate Fund, a fund that will invest directly in real estate as well as such real estate-related companies as management companies, building products, home furnishings, construction and engineering and infrastructure. The fund even has license to invest in hospitals and correctional facilities and up to 25% of its assets in securities of foreign issuers not publicly traded in the U.S.

Employers that automatically enroll their workers in 401(k) plans tend to match their employees’ savings at a lower level than other employers, according to a report from the Center for Retirement Research at Boston College.

Janus Capital has selected Richard M. Weil, the former chief operating officer of PIMCO, as chief executive officer.

The insurance giant's new ad campaign tries to capitalize on investors' flight to safety.

Richard M. Weil will replace Gary Black, who resigned suddenly in July as the Denver investment manager continued to suffer heavy outflows.

Retail investors will pay $8.95 per online trade in stocks or non-Schwab ETFs.

This is the latest in a growing list of Roth IRA conversion education tools offered by financial services companies.

The new chief will build investment management relationships with corporate pensions, public pensions, family offices, endowments, and foundations.

The current level of confidence continues to be mostly associated with overall performance of the markets.

The average 2010 fund clawed its way back in 2009, with a 20% return, easing investor worry about these retirement funds and moving the push for regulation to the back burner.

As if municipal bond closed-end funds needed any more help, the year-end tax selling that customarily plagues the industry every December took the year off in 2009.

During the market downturn, the only takers for REITs seemed to be institutions, which currently comprise 80% of the owners of REITs. Ten years ago, institutional investors held 40% of all REIT shares.

In a survey of 1,000 people, Putnam Investments found the majority expect the economy to rebound in 2010 but that they are still planning to save more in the New Year.

The agency provided no further details on the action. The agenda for the meeting of the FDIC's board includes an advance notice of proposed rulemaking on "employee compensation."

Moynihan, who was promoted Jan. 1, has met with Treasury Secretary Tim Geithner, Federal Reserve Board Chairman Ben Bernanke, Federal Deposit Insurance Corp. Chairman Sheila Bair and Comptroller of the Currency John Dugan.

WASHINGTON — Senate Banking Committee Chairman Chris Dodd's decision not to seek reelection strengthens his ability to enact regulatory reform, but the final bill is also expected to be more moderate, observers said Wednesday.