Investments

Treasury Secretary Timothy F. Geithner put pressure on the U.S. Securities and Exchange Commission to tighten oversight of the $2.6 trillion money- market fund industry, saying the funds may pose a risk to the stability of the financial system.

The Fidelity Spartan 500 Index fund's “seasoned team” and “competitive price” has made it a “top option” in the eyes of Morningstar.

SEC member Daniel Gallagher, who helped derail efforts to tighten rules for money market mutual funds, said he would likely support a measure forcing the industry to abandon its marquee $1 share price.

OppenheimerFunds, which introduced its first Class I mutual fund shares in December 2011, has expanded its I Shares product lineup.

Three months after hiring Mark Howard-Johnson as the Global Head of Real Estate Securities Management, BlackRock today unveiled the first of many real estate funds to be managed by Howard-Johnson’s new unit.

Altegris has expanded its sales team of with the addition of Valentina Glaviano as Director of Distribution Strategy, a newly created position.

The increase in both market volatility and interest from the Baby Boomers in generating retirement income should be a slam-dunk for variable annuities.

Mutual fund shareholders are paying their managers less today in fees than they were 20 years ago or even last year.

Exchange-traded funds added $22.36 billion in August, driving total ETF assets to $1.215 trillion.

London-based ETFGI has added Feargal Dempsey as a partner and Legal Counsel.

Foreign investment in the U.S. municipal bond market has exploded in the last 10 years.

TD Ameritrade announced Wednesday it will introduce access to a full range of competitively priced annuities to help independent registered investment advisors meet increasing client demand for retirement income solutions.

Exchange-traded funds added $22.36 billion in August, driving total ETF assets to $1.215 trillion.

Huntington Asset Services is trumpeting the growth of its Valued Advisers Trust, its second series trust, which recently reached assets under management of $500 million.

Palmer Square Capital Management today officially revealed the hiring of Emily Colella as a managing director, responsible for business development.

The $290 million Janus Global Research Fund is merging into the $1.9 billion Janus Worldwide Fund $1.9 billion in January

For the week ended Sept. 19, investors yanked an estimated $4.8 billion from U.S. stock mutual funds, almost twice the $2.67 billion they withdrew a week earlier.

Three-quarters of institutional investors nationally have changed their approach to risk management over the last five years, and say alternative investments are critical to spreading portfolio risk, according to a survey from Natixis Global Asset Management.

Altegris is betting that advisors and investors want fixed income exposure on both the long and short side via its latest offering, the Altegris Fixed Income Long Short Fund.

Pacific Investment Management Co.is opening up its Pimco EqS Long/Short Fund (PMHIX) to include bets on REITs