Fund performance

Municipal bond mutual funds that report flows weekly recorded $4.53 billion in outflows for the week of June 26, Lipper FMI numbers showed, after $2.22 billion of outflows reported the previous week.

Bond managers from DoubleLine Capital LP’s Jeffrey Gundlach to Pacific Investment Management Co.’s Bill Gross are telling investors the worst may be over for Treasury bonds after 10-year yields rose to a 22-month high.

Assets of all exchange-traded funds rose in May by $12.14 billion to $1.481 trillion, according to the Investment Company Institute. Over the past 12 months, ETF assets rose $365.27 billion, or 32.7%.

Mutual funds gave back $5.43 billion for the week ended Wednesday, June 19, according to the Investment Company Institute.

Mercer has made three senior-level appointments to its global investments and retirement units in Europe and in the emerging markets.

Exchange-traded fund investors pumped in some $84 billion of assets into equity ETFs while fixed income funds brought in $30 billion through May 31, according to data from State Street Global Investors.

Over the past few weeks there has been a lot of discussion about socially responsible investing and socially responsible benchmarks.

Franklin Buys Remaining Stake in Alt Shop

Advisors needs and wants are moving targets and mutual fund wholesalers must constantly adjust to if they want to hit the bullseye.

Equity mutual fund investors added $1.5 billion while equity exchange-traded fund investors added $3.2 billion into their respective funds of choice for the week ended June 19, according to data from Lipper.

Money market mutual fund’s assets dropped $25.0 billion to $2.587 trillion for the week ended Wednesday, June 19, according to the Investment Company Institute.

Investors pulled $13.34 billion from mutual funds for the week ended Wednesday, June 12, according to data from the Investment Company Institute.

Paul Jablansky, the head of structured products at fixed-income manager Western Asset Management Co., has left the unit of Legg Mason.

In May, stock and bond mutual funds, including exchange-traded funds attracted $56 billion of net inflows bringing total net intake for the first five months to about $350 billion, according to data from Strategic Insight.

At the fund family level, Vanguard Group once again led all providers with more than $11 billion in flows, according to data from Morningstar.

Ridgefield, Conn.-based Simple Alternatives, an alternative mutual fund shop, has added two more long/short managers to its flagship S1 Fund (SONEX), a multi-manager, long/short equity mutual fund.

A new Portland, Ore.-based investment shop has bagged its first sub-advisory mandate courtesy of its affiliate.

Yes, it's that time of year again.

Delaware Investments has added Steven Landis as an emerging markets debt portfolio manager to the firm’s total return fixed income group. Landis comes to Delaware Investments from FH International Asset Management, where he was a PM for emerging markets debt strategies.

The U.S. exchange-traded funds market is primed to double up on its current $1.5 trillion in assets to the tune of more than $3.5 trillion in assets over the next five years, according to iShares’ latest forecast.