Investments

Cornerstone Advisors has selected SEI to launch a series of multi-manager mutual funds through SEI's Advisors' Inner Circle (AIC) Fund series trust offering.

State Street Global Advisors is prepping three new SPDR exchange-traded funds to launch early next year.

Asset managers are largely using social media to promote their brands, according to the latest research from Cerulli Associates.

Investors wanting in on one Eaton Vance Management fund better buy up now. 

The Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and shutter three exchange-traded funds because of their “inability to attract sufficient investment assets.”

Only two weeks remain in 2012 and the fiscal cliff is still cause for alarm among many investors. And yet, it may not be that bad. One equities expert expects a short term deal to blunt the fiscal pain, coupled with an agreement to come back next year to deal with tax and entitlement reform.

The largest exchange-traded fund tracking municipal bonds traded at a discount to its underlying assets for the first time since July as states and cities flooded the market with the most borrowing in six months.

All of a sudden, everyone wants to give the retail investor a break.

Firms aren't done with their acquisitions for the year yet, as evidenced by Schroder Investment Management North America's deal.

The Charles Schwab Corp. has closed its acquisition of ThomasPartners.

Morningstar today reported that stock mutual funds shed another $14.1 billion in November and are on pace to surpass 2008’s record outflow of $96.7 billion.

Arden Asset Management has expanded its offerings of customized hedge fund solutions.

Putnam Investments has created a new, dedicated Defined Contribution Investment-Only website to further bolster its DCIO business.

AdvisorShares today officially announced that the Pring Turner Business Cycle ETF will open for trading on Wednesday, December 19.

BlackRock is putting the "i" into iShares.

For several months hedge funds have been accused of luring top talent away from banks and other financial institutions. This is partially due to the fact that banks are not what they used to be; the salary, stability and bonus packages have greatly decreased. Hedge funds have been more than welcome to fill the void.

The good news for the merger and acquisitions market in 2012? Corporate profit margins have soared.

Fiscal cliff? What fiscal cliff?

The fiscal cliff negotiations have brought taxes to the forefront of people's minds. What does it all mean for municipal bonds as an asset class?

More than 100 women advisors are gathering Monday in downtown Boston for SourceMedia's Women Advisors Forum to network with successful peers and learn leading strategies for attracting female clients, practice management, rethinking retirement and more.