Investments

Goldman Sachs says it will begin publishing values of the assets held in its money market mutual funds in the United States on a daily basis.

With $30 million and four liquid alternative ETFs now under its belt, QuantShares is looking to grow. Its game plan? Expand distribution and launch new funds. 

Somehow, it came unexpectedly.

January 23 marks the 20th anniversary of the exchange-traded fund industry, started with the launch of the SPDR S&P 500 fund, rolled out by State Street Global Advisors.

"If the data do not prove that indexing wins, well, the data are wrong."

US exchange-traded fund assets increased by $292.7 billion or 28% in 2012, in part driven by positive cash flows of $182.6 billion, marking a new all-time high for the industry on the eve of its 20th anniversary, according to data from State Street Global Advisors.

Bill McNabb, chief executive officer of the Vanguard Goup, is starting 2013 with a bang.

Et tu, Ned Johnson?

Principal Funds is expanding its sales team with a new position.

During the first full week of fund flows for the new year, investors pumped in $34.2 billion into mutual funds, according to data from Lipper.

International fund of hedge funds Grosvenor Capital Management is taking a stab at the mutual fund space with…an alternative fund of funds.

Net Inflows among tax-exempt money market funds were $6.18 billion in the week ended Jan. 7, according to The Money Fund Report, a service of iMoneyNet.com.

International fund of hedge funds Grosvenor Capital Management is taking a stab at the mutual fund space with…an alternative fund of funds.

Virtus Investment Partners is buying a 24% stake in Kleinwort Benson Investors International, Ltd., a wholly-owned subsidiary of Kleinwort Benson Investors, which provides specialized equity strategies primarily to institutional investors.

Thomas Kane, a UBS financial advisor who ranks number 29 on our list, has turned to hedge funds, private equity and real estate to bolster his clients’ portfolios.

One day after Goldman announced that it was publishing daily “shadow values” of its money funds, J.P. Morgan Funds and BlackRock are also planning to publish net asset values for their own money funds.

The Vanguard Group today is following through with its plans to switch six international stock index funds to FTSE benchmarks by transitioning its Vanguard Emerging Markets Stock Index Fund, which previously tracked the MSCI Emerging Markets Index, to the FTSE Emerging Transition Index, effective immediately.

What better way to celebrate stunning growth in assets under management than with another new fund?

BlackRock Inc., the world’s largest asset manager, agreed to buy an exchange-traded funds unit from Credit Suisse Group AG to boost its presence in Switzerland.

Goldman Sachs Asset Management is currently prepping a master limited partnership fund to launch within the next few months