Investments

The combined assets of the nation’s mutual funds increased by $208.5 billion, or 1.7%, to $12.171 trillion in June, according to data from the Investment Company Institute.

On July 30, 2012,Chicago-based RiverNorth Capital Management is prepping the launch of another open-end mutual fund, the Dynamic Buy-Write Fund.

In a review of the mutual fund and ETF market, Cerulli gave a few reasons for the value funds reaching these heights, but also cited a few caution signs for advisors to note.

Hedge funds raised commodity bets in the longest bullish streak in three years as speculation that policy makers will increase economic stimulus drove prices toward the biggest monthly rally since October.

On July 30, 2012, The starter's pistol is about to be fired for the swaps industry.

Janus Capital Group Inc. this week reported second quarter net income of $23.4 million, or $0.13 per diluted share, compared with net income of $41.9 million, or $0.23 per diluted share, in the second quarter 2011.

Puerto Rico's debt load, exceeding $60 billion, and pension liabilities are a challenge to the island's fiscal ability and investors should limit their exposure, cautions Alan Schankel of Janney Capital Markets.

Janus Capital Group Inc. this week reported second quarter net income of $23.4 million, or $0.13 per diluted share, compared with net income of $41.9 million, or $0.23 per diluted share, in the second quarter 2011.

On July 27, 2012, FocusShares, a unit of online discount trading firm Scottrade, has severed ties with its PR firm, MWW Group.

A former AllianceBernstein investment guru is taking a stab at public service.

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.

Raleigh, N.C.-based Hatteras Funds is hosting its own alternative investments road show. The series of forums across the U.S. will allow advisors, home office research teams and consultants to meet the managers of the Hatteras alternative mutual funds, which include Alpha Hedged Strategies Fund, Long/Short Equity Fund, and Long/Short Debt Fund.

A new report by research shop Cerulli Associates is sure to make a few subadvisors smile.

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

Sy Sacks is on a crusade.

The starter's pistol is about to be fired for the swaps industry.

Estee lauder’s chief executive officer, Fabrizio Freda, is giving BlackRock, Inc.’s Board of Directors a makeover. Well, sort of.

It seems that the folks at Spectrum Advisory Services Inc., manager of the Marathon Value Portfolio mutual fund (NASDAQ: MVPFX) were victims of malicious hackers who hacked into the third-party host server of the Fund’s website on June 30.

On July 27, 2012, Investors pumped in $6.3 billion into mutual funds and exchange-traded funds for the week ended July 25, according to data from Lipper.

Target-date funds pulled in $13.9 billion in the second quarter despite the nearly 3% loss on average, according to Morningstar.