Investments

Asset manager and fund administrator North Trust Corp. announced a number of leadership changes, including the hiring of David Fox Jr. as head of Northern’s Corporate & Institutional Services (C&IS), for the Americas. Also, Northern Trust Vice Chairman and Management Group member Sherry Barrat will retire at the end of June.

Americans held $4.5 trillion in all employer-based DC retirement plans on December 31, 2011, of which $3.1 trillion was held in 401(k) plans, according to data from the Investment Company Institute.

Morningstar’s fund analysts have assigned a Gold rating to just one fund in the past weeks: T. Rowe Price Tax-Free High-Yield (PRFHX).

If you don't understand what you're buying and you don't understand what you're getting into, avoid this investment like paying off your home mortgage depends on it.

Olney, M.D.-based Arrow Investment Advisors has named Joseph Cunningham to the newly created role of Director of Capital Markets.

Here is what investors get told, before investing in one set of exchange-traded notes:

Even though retirement portfolios have nearly recovered from the financial crisis, investors have not, say financial advisors in a recent survey.

The Dow Jones Industrial Average fell 14.61 points to close at 13.060.14 Thursday, putting the finishing touches on its worst one-week performance of 2012.

Morningstar's fund analysts have assigned a Gold rating to just one fund in the past weeks: T. Rowe Price Tax-Free High-Yield (PRFHX).

Money market mutual fund assets dropped by $15.20 billion to $2.590 trillion for the week ended Wednesday, April 4, according to data from the Investment Company Institute.

Olney, M.D.-based Arrow Investment Advisors has named Joseph Cunningham to the newly created role of Director of Capital Markets.

Socially responsible investing has increasingly become hot over the past five years.

A federal judge has declared that Fidelity Investments and the American uni

Here is what investors get told, before investing in one set of exchange-traded notes:

Norwood, Mass.-based W.E.Donoghue & Co., Inc. has struck up a distribution deal with Mutual of Omaha’s Retirement Plans Division to distribute its Power Income Fund to retirement plan participants.

Federated Investors, Inc. is acquiring $5 billion of money market assets from four Fifth Third money market funds and merging them into four existing Federated money market funds.

“I am very excited about this transaction. In addition to increasing our assets under management, it gives us some new and interesting fund offerings, and access to a premier distribution system,” says Steven M. Graziano, president of Touchstone.

Just five months after agreeing to buy Old Mutual Asset Management’s funds from the firm’s U.S. mutual fund business, Cincinnati, Ohio-based Touchstone Advisors today revealed that it is acquiring the assets of 16 mutual funds from Fifth Third Bancorp.

Natixis Global Asset Management has launched an international hedged equity fund to bet on international equity.

The Exchange Traded Products industry recorded its best ever start to a year, attracting net new assets of $67.3 billion in the first quarter of 2012, a 57% increase over the $42.8 billion gained in the first quarter of 2011, according to the Q1 2012 ETP Landscape Report released by BlackRock.