Investment products

During the week ended March 27, investors steered an estimated $9.12 billion into mutual funds, down 26% from the $12.38 billion they poured into the funds a week earlier.

Investors are showing a bit more willingness to step out and take on a bit more risk with equities, despite the worrying headline du jour.

American Century Investments has named Joseph Schultz head of intermediary sales, responsible for the firm’s field and internal sales businesses, including wirehouses, regional and independent advisors, registered investment advisors, insurance company advisors and broker-dealer key account management.

In the wake of continuing financial uncertainty and a volatile market, some older clients (and even young ones too) may find themselves too easily caught unawares. In response, the CFP Board released on Wednesday a guide that provides older clients financial self-defense.

In the wake of continuing financial uncertainty and a volatile market, some older clients (and even young ones too) may find themselves too easily caught unawares. In response, the CFP Board released a guide that provides older clients financial self-defense.

For the week ended March 20, investors steered an estimated $6.23 billion into taxable bond funds, more the three times the $1.97 billion they put into the funds a week earlier.

Manulife Asset Management has expanded its equity capabilities today.

Franklin Templeton Investments has appointed Robert Richardson as senior vice president and North America spokesperson for the company's North America Advisory Services business, including the U.S. and Canada.

New research from NerdWallet, a personal finance site, is making a tough case for active managers to justify their fees.

The House Ways and Means Select Revenue Measures Subcommittee held a hearing this week to discuss possible tax reforms on financial products such as derivatives.

Tax-exempt money market funds reversed a recent spate of outflows -- yet gained just a scant $24.2 million -- as total net assets barely inched up to $276.65 billion in the week ended March 18, according to The Money Fund Report, a service of iMoneyNet.com.

Investors were down on the municipal bond market for a third straight week as $261 million poured out of weekly reporting muni bond mutual funds for the week of March 20.

With a new survey by Legg Mason showing that U.S. investors have high hopes that equities have a bright outlook, skeptics say advisors must be cautious.

For the week ended March 13, investors steered a paltry $1.64 billion into bond funds, a whopping 74% drop from the $6.42 billion they poured into the funds a week earlier.

Charles Schwab is deepening its dedication to technology with a new agreement with DST Output.

Nuveen Investments has launched two new dividend-focused funds.

Mutual funds, especially of the equity variety, enjoyed the affections of investors in February, celebrating net inflows for the month.

BlackRock Inc., the world’s biggest money manager, is cutting about 300 jobs, extending a reorganization that included the shakeup of its investment units last year.

Federal regulators would “like to codify exemptive relief” from provisions of the Investment Company Act of 1940, so they can focus on more innovative fund applications.

A managing director of Charles Schwab Investment Management said the money market mutual fund industry has ‘nothing to hide’ about the value of its assets. Floating the stated value of each share of a fund, however, would result in “a lot of imposed inconvenience.’’