Fund performance

Christmas came early for the FPA Perennial fund this year in the form of a Gold rating from Morningstar.

Fidelity Investments is fast becoming the mutual fund provider choice du jour among advisors north of the border.

Kayne Anderson Rudnick, a boutique investment adviser and affiliated manager of Virtus Investment Partners, has promoted Doug Foreman to co-chief investment officer, effective January 1, 2013.

Mutual funds experienced outflows of some $5.52 billion for the week ended Tuesday, November 20, according to the Investment Company Institute.

Exchange-traded funds hit a speed bump last month after coasting through much of the year in the black.

Sure, investors still feel nervous, companies are hesitating to spend cash, and all attention is on fixed income and bond funds.

Loomis, Sayles & Company has added Peter Frick as an emerging markets debt portfolio manager alongside co-managers Edgardo Sternberg and Dave Rolley.

New research from Cerulli Associates finds that passive mutual fund assets have increased 95% since 2008, jumping from $572 billion in 2008 to $1.1 trillion through the first half of this year.

The Wilmington Rock Maple Alternatives Fund has dropped Whitebox Advisors as one its many subadvisors, Money Management Executive has learned.

A year ago, Morningstar introduced its forward-looking analyst ratings system for the mutual funds it covers in the United States.

Investors will continue to pour money into funds, especially into target date funds and ETFs, according to a report on mutual funds from Tiburon Strategic Advisors.

Nationwide Funds Group has merged the UBS High Yield Fund and UBS Global Equity Fund into the Nationwide High Yield Bond Fund and the Nationwide Global Equity Fund, giving Nationwide some $183 million in new assets

A year ago, Morningstar introduced its forward-looking analyst ratings system for the mutual funds it covers in the United States.

The Nationwide Funds Group is taking two tacks to drive growth of assets.

Ouch! Long-term mutual funds saw $2.99 billion in outflows for the week ended Wednesday, Nov. 14. That's a steep drop from $6.19 billion in inflows the week prior.

President Barack Obama has been re-elected. Is there portent for the mutual fund and exchange-traded fund industry?

Has the bloom come off the inverse and the leveraged exchange-traded fund?

USAA Asset Management Company is so committed to bringing its equity fund business in-house that it is bidding adieu to two subadvisors.

Risk tolerance in the younger U.S. mutual fund investor set has returned to the level seen before the financial crisis of 2008, according to research from the Investment Company Institute.

With over 25,000 open-ended mutual funds available for sale in the United States, it is more difficult than ever to stand out from the crowd.