Investment products

After the flat decade that stock-based mutual funds have had and with post-World War II baby boomers starting to retire, "it's all about income now," said Matt Witkos, president of Eaton Vance Distributors, at the opening of the National Investment Company Service Association 29th Annual Conference & Expo.

U.S. equity funds brought in $21 billion, the strongest month for sales in seven years.

The 29th Annual National Investment Company Service Association Conference & Expo opens Monday, with NICSA president Theresa Hammacher launching two assessments of the state of the fund industry.

In investing as in love, jumping from partner to partner will eventually lead to misery, more risk and lower returns.

For a mutual fund with a strong track record, Nicholas Equity Income Fund is not particularly large. And its manager is fine with that.

Tax-exempt money market funds recouped most of last week’s losses, adding $2 billion and finishing with $326.39 billion in total net assets for the week ended Feb. 7, according to the Money Fund Report, a service of iMoneyNet.com.

Last year saw a 22% increase in M&A worldwide, and another 36% increase is expected this year, according to Thomson Reuters.

Retail investors in municipals are shaken, but still ­standing, after a relentless barrage of ­negative media hype surrounding forecasts for massive municipal ­bankruptcies and defaults later this year.

The recent media firestorm over state and local government finances has resulted in heightened efforts by those in the municipal bond industry to educate jittery investors and enhance disclosure in the nearly $3 trillion market.

If interest rates can only go up from here, shouldn’t you minimize your exposure to bonds? Not according to Zane Brown, a fixed-income strategist from Lord Abbott who addressed a crowd of advisors at the IMCA New York Consultants Conference.

The funds include a market neutral, medical sciences and large-cap offering.

This is the firm’s first mutual fund.

An innovative do-it-yourself investment platform is looking to broaden its business by providing high-net-worth-style service to investors who have as little as $50,000.

Municipal bond mutual fund outflows continued to subside last week from recent record-setting levels as the cash most prone to panic appears to have left by now.

The fund is linked to the Andean region of Chile, Columbia and Peru.

The indexes are based on a mix of defensive and dynamic stocks.

Tax-exempt money market funds fell $2.34 billion to $324.39 billion in net assets in the week ended Jan. 31, according to the Money Fund Report.

Equity funds net $5.12 billion of inflows, following $4.96 billion of inflows the week before.

The risk-management and trade analytics service announced the launch Tuesday of a service evaluating the illiquidity of municipal bond mutual fund holdings.

Assets held in exchange-traded funds crossed $1 trillion for the first time, at the end of January, according to statistics kept by the National Stock Exchange.