Investments

As legal eagles-including regulators, cops and attorneys-continue to swoop down for the kill in the wake of the LIBOR debacle, asset managers still struggle to gauge the scandal's impact on their investments.

On August 3, 2012, Fidelity Investments is reportedly gearing up to make a run at the active exchange-traded fund space, Bloomberg News reports.

While still somewhat lackluster, the July jobs report is a strong starting point for growth in equities markets, says Mark Luschini, chief investment strategist at Janney.

With all eyes toward London, one Senator is looking to reward winning athletes with a tax break.

U.S. stocks rallied for the first time this week, commodities gained and Treasuries declined after American payrolls climbed more than forecast in July.

On August 3, 2012, The Hartford Financial Services Group this week reported second quarter mutual funds’ core earnings of $18 million versus $27 million during the same period last year.

On August 3, 2012, Total money market mutual fund assets dipped by $3.95 billion to $2.551 trillion for the week ended Wednesday, August 1, according to data from the Investment Company.

On August 2, 2012, Sentinel Investmentsf chief executive Christian Thwaites yesterday saw four members of his investment team, including Charles Schwartz, Betsy Pecor, Matthew McGeary, and Matthew Spitznagle, walk away from their posts.

Investors steered an estimated $17.1 billion into exchange-traded funds and notes in July, bringing their total investment in the products to $93 billion for the year.

On August 2, 2012, Russell Investments has added three subadvisors to its Strategic Bond Fund (RFCSX), which preivously employed four subadvisors.

On August 2, 2012, AllianceBernstein today reported that its total assets under management were $407.3 billion as of June 30, 2012, down 2.8% from March 31, and down $53.7 billion, or 11.7%, compared to June 30, 2011.

The Bush-era tax cuts were extended by the House of Representatives, but advisors are not likely to see any clarity on the matter for some time.

On August 2, 2012, Pioneer Investments is boosting its coverage of Registered Investment Advisors with the addition of Brian Kilar as a wholesaler for the RIA Channel.

On August 2, 2012, Vanguard has severed sub-advisory ties with AllianceBernstein regarding the Vanguard Windsor Fund and Vanguard Global Equity Fund.

Joe Barrato is chief executive officer of Arrow Investment Advisors, a developer and distributor of mutual funds that are built around "targeted" levels of risk.

U.S. investors are growing gloomier about the economy thanks to the looming federal debt and the uncertainties surrounding the presidential election, as one of the closely watched investor optimism indices declined for the third time this year.

Perhaps it was only a matter of time before Morningstar decided to put its stamp of approval, and disapproval, on alternative mutual funds.

For the week ended July 25, investors pulled an estimated $2.13 billion from U.S. stock funds, reversing the previous week's $95 million inflow, their first inflow since late May, according to the Investment Company Institute.

On August 1, 2012, Attention asset managers: The Registered Investment Advisor channel, especially the $100 million to $500 million AUM segment, is one place where you can differentiate your offering in a crowded marketplace, according to a new report by Cerulli Associates.

On August 1, 2012, Henderson Global Investors has launched the Henderson Dividend & Income Builder Fund (HDAVX, HDCVX, HDIVX), which primarily bets on dividend-paying equities of US and non-US companies.