Investment products

Are active exchange-traded funds just a gimmick? And is there a resolution in sight for any potential further reform of the money market mutual fund industry?

The largest purveyor of money market mutual funds in the United States this month told the Financial Stability Oversight Council that no further reform of such funds is necessary.

Tax-exempt money market funds saw modest inflows as they reversed the recent outflow pattern.

Is purchasing a place for a child to live in a smart financial choice? Here's how to help your clients avoid owning Animal House.

For the week ended Feb. 20, investors steered an estimated $11.29 billion into mutual funds, down 11% from the previous week.

BlackRock, the world’s biggest asset manager, replaced portfolio managers at funds including those that invest in energy as it seeks to improve performance at actively run products.

CEO of ING Belgium Ralph Hamers will take over the helm of ING as of Oct. 1 of this year, replacing Jan Hommen, who will step down as of that date.

The IRS has issued a warning to taxpayers who receive emails claiming to be from the agency.

Money market mutual fund assets continued its steady decline the week ended Feb. 20.

Vanguard has made five key investment management appointments as part of what it says is its long-standing practice of periodically rotating members of its investment management teams to broaden their experience and provide them with new responsibilities.

Tax exempt money market funds decreased $1.88 billion and total net assets settled at $278.20 billion in the week ended Feb. 18.

For the week ended Feb. 13, investors steered a meager $509 million into U.S. stock funds, 37% less than a week earlier.

According to The Global Survey of Investment and Economic Expectations, fund managers are "more optimistic" about the prospect for equity returns. However, they continue to view world growth and medium-term government bonds with hesitation, as they still expect a sovereign debt default in the Eurozone and fear weak fiscal situations in the U.S., U.K. and Japan.

The outlook for the asset management industry in 2013 is strikingly more positive than it has been in years.

Goldman Sachs Asset Management is opening up the flood gates to its Goldman Sachs Mid Cap Value Fund, according to a regulatory filing.

Money market mutual fund assets dropped by $3.67 billion to $2.691 trillion for the week ended Wednesday, February 6, according to the Investment Company Institute.

Net outflows among tax-exempt money market funds were down to $203.1 million and total net assets settled at $282.48 billion for the week ended Feb. 4.

For the fourth week in row, equity funds gained assets. Of the $8.18 billion, $3.52 billion went into funds that invest in U.S. stocks.

Genworth Financial Wealth Management introduced GPS Select Solutions, multi-strategic portfolios that serve a variety of specific investment goals.

BlackRock the world’s biggest money manager, is accused in a lawsuit by two pension funds of reaping “grossly excessive” compensation from securities- lending returns associated with iShares.