Fund performance

Earlier this year, Deborah Fuhr, who formerly served as Global Head of ETF Research and Implementation Strategy at BlackRock and Barclays Global Investors, and co-founders Shane Kelly and Matthew Murray started London-based research company ETFGI.

INDIANAPOLIS-The husband and wife team had lots of experience. They had worked at large mutual fund shops, then struck out on their own.

The total assets held by money market mutual funds slipped to $2.568 trillion, falling by $10.3 billion, for the week ended Sept. 19, according to data from the Investment Company Institute.

Abigail Johnson, the newly minted president of Fidelity Financial Services, the parent company of mutual fund giant Fidelity Investments, was notched at #27 in the recently published Forbes 400 List of the Richest People in America, leading all other members of the mutual fund world, including a member of her own family.

Total estimated inflows to long-term mutual funds were $6.12 billion for the week ended Wednesday, September 12, according to data from the Investment Company Institute.

Emerging market shop Mirae Asset Global Investments is shelving two funds from its Mirae Asset Discovery Funds trust, according to a Securities and Exchange Commission filing.

Emerald Asset Advisors has tapped Trademark Capital Management to manage the EAS Global Cycle Fund (EGCAX, EGCEX, EGCSX), now renamed the EAS Trademark Capital Global Fund.

kasina has released its list of Online Leaders in Asset Management, and two firms from Beantown have come out on top as the choice du jour for advisors.

When 2008 began, a record $12.0 trillion was held in mutual funds by individuals and institutions.

Investors poured $26.4 billion into taxable-bond funds and another $5.6 billion into municipal-bond funds last month, according to data from Morningstar.

If much of human nature comes down to a struggle between greed and fear, then the mutual fund industry is proving itself very human, at least in regards to creating exchange-traded funds.

SAN FRANCISCO-Mutual funds had no idea in 2008 of what to do in a major bear market, according to W.H.C. Bassetti.

When 2008 began, a record $12.0 trillion was held in mutual funds by individuals and institutions.

Two firms—Legg Mason (LM) and American Century Investments—both reported assets under management that showed assets growing, and in one case, reaching an all-time high.

Equity mutual fund investors pulled $1.3 billion from their accounts (their fifth straight week of outflows), while equity ETF investors made a U-turn from the previous week’s withdrawal numbers and added a $12.1 billion to their accounts for the week ended Sept. 12.

ETF managed portfolios—those that typically have more than 50% of portfolio assets invested in ETFs—are one of the fastest-growing segments of the managed account sector, according to a newly released Morningstar report.

Long-term mutual funds took in $3.11 billion for the week ended Wednesday, September 5, according to the Investment Company Institute.

The Triex Tactical Long/Short Fund, a separate series of the Northern Lights Fund Trust, is shutting down on September 27.

The departure of Chief Executive Officer Mark Fetting from embattled money manager Legg Mason has the firm reshuffling its top management in the face of a looming face-off with hedge fund manager Nelson Peltz of Trian Fund Management.

Herb Morgan has a good barometer to tell how hot the market for exchange-traded funds is getting.