Investments

Vanguard Group may already be the largest mutual fund provider in the nation, but that doesn't mean it plans to stop growing.

The Board of Trustees of BNY Mellon Funds Trust is looking to add another sub-advisor to the 3-star rated, $1.2 billion BNY Mellon Mid Cap Multi-Strategy Fund.

The SSgA Tuckerman Active REIT Fund is starting the New Year with a new sub-advisor.

In a remarkably short period, the playing field for the lowest-cost ETFs has changed dramatically.

After two weeks of devastating outlfows, especially in domestic equities, mutual funds seem to have finally recovered their groove somewhat.

First Eagle Investment Management today is trumpeting the five-year anniversary of the First Eagle High Yield Fund (FEHIX).

3D Asset Management has added three sales executives to its business development team.

Global exchange-traded fund and exchange-traded product assets reached an all-time high of $1.9 trillion at the end of November 2012, according to figures from ETFGI’s monthly global ETF and ETP industry insights.

Mark Cahn, general counsel at the Securities and Exchange Commission, is leaving the agency at the end of the year to return to the private sector.

Investors withdrew money last month from Vanguard Group’s emerging-markets exchange-traded fund, the industry’s largest, after the firm said it would replace the fund’s index.

Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.

Global exchange-traded fund and exchange-traded product assets reached an all-time high of $1.9 trillion at the end of November 2012, according to figures from ETFGI’s monthly global ETF and ETP industry insights.

Americans 55 and older are far more likely to favor peace of mind over a high-reward/high-risk investment strategy.

A new report from mutual fund research firm Strategic Insight offers non-U.S. asset managers insights designed to help them enter the U.S. market and succeed.

For the week ended Nov. 28, investors pulled an estimated $481 million from U.S. equity funds, a fraction of the $7.5 billion withdrawn a week earlier and the smallest weekly outflow since mid-July.

Montage Investments has added Giralda Advisors and the Giralda Fund to its fund family.

BlackRock’s latest November 2012 ETP Landscape Report paints a rosy picture for exchange-traded products heading into the New Year.

Compass EMP Funds is moving its three multi-asset class funds to a new trust.

Investors withdrew money last month from Vanguard Group Inc.’s emerging-markets exchange-traded fund, the industry’s largest, after the firm said it would replace the fund’s index.

Huntington Bank has named Gregory Forbes as Senior Vice President for business development for Huntington Asset Services. Forbes will focus on expanding market share in servicing larger fund companies and institutional clients.