Investment funds

Purveyors of the Iron Horse Fund (IRHAX/IRHIX), a mutual fund deploying a signature covered call investment strategy, have announced a reduction in fees for the fund.

State Street Global Advisors is making a few changes to its lineup.

The Vanguard Group had its first monthly redemptions in almost 20 years in June as investors sold bond funds in anticipation of the Federal Reserve scaling back its asset purchases.

Invesco PowerShares Capital Management today announced that its PowerShares Fundamental suite of exchange-traded funds recently passed the $5 billion in assets under management mark.

Woodland Hills, Calif.-based Guinness Atkinson Asset Management has appointed Frank Zukowski to the position of national sales director, focusing on serving the RIAs and Bank Trust channels.

Advisors remain very bullish on U.S. equities and plan to allocate a greater percentage of their clients’ portfolios to the asset class over the next six months, according to a new survey by Aberdeen Asset Management.

Newly-formed mutual fund shop New York-based Wavelength Capital Management is looking to catch the mutual fund wave with its own proposed offering, dubbed the Wavelength Interest Rate Neutral Fund.

John Hancock today announced a new management fee breakpoint for the John Hancock Global Absolute Return Strategies Fund (JHAAX) and a decreased breakpoint in the management fee schedule for the John Hancock Sovereign Investors Fund (SOVIX).

Greenwich, Conn.-based AQR Capital Management is currently prepping to launch another alternative mutual fund to add to its growing family.

Christine Carolan has been appointed by Mercer Investments to the role of Investment Director for the Western region of the U.S.

Who is Steve Darcis?

It looks like Nationwide Mutual Insurance Company will have its day in court come January 2014 to defend itself against a mutual fund lawsuit.

Last month, State Street Global Advisors revealed numerous changes meant to modify its core teams in the traditional asset space.

One of China's biggest asset managers is looking to bring China and Asia-focused mutual funds to U.S. institutional and retail investors.

Mutual fund liquidations have risen within the first six months of 2013 compared to the same period last year.

Mutual funds and exchange-traded funds are both pooled investment solutions that can successfully offer an advisor's strategies to a larger group of investors.

Bill Gross’s Pimco Total Return Fund (PTTRX), the world’s largest mutual fund, absorbed a record $9.9 billion in net redemptions last month as investors fled bonds in anticipation of the Federal Reserve scaling back its purchases.

BlackRock this week finalized its buy of Credit Suisse's exchange traded funds business, in a move that makes BlackRock's iShares platform the largest in the region.

Update -- Andrew McMenigall and Toby Wallace, two executives at Aberdeen Asset Management Plc, were killed in a traffic accident while taking part in a charity bicycle ride across Britain.

Global exchange-traded funds and exchange-traded products last month experienced outflows for the first time in two years losing $3.98 billion.