Investments

Exchange-traded funds are like stocks and mutual funds. Except they're not. Here's a glossary on how ETFs really operate.

Vanguard Chief Investment Officer Gus Sauter challenged the exchange-traded fund industry to be responsible in developing new products and also called for greater efforts to educate investors about ETFs.

Investors are getting fixated on fixed income in the next wave of global investing. Here's a Q&A with Gregory E. Johnson, the new chairman of the Investment Company Institute.

SEC OKs NYSE Merger; e ETFs Grow 20.6 Percent; Investors Venture Back Into Stock Mutual Funds

You've heard of structured products. These largely were complex securities based on lots of streams of cash in underlying loans whose flows were not well predicted. There was a credit crisis associated with them in 2008.

Money Management Executive is nearing its 20th year of operation. For two decades, the newsweekly has been providing top executives in the asset management business with the information and insight they need to get their jobs done effectively.

Ratios of municipal to Treasury bond yields over the past three months have shown a degree of volatility that has complicated a standard valuation of tax-exempt debt for investors. Will that trend continue this year?

Stocks capped a four-day rally with another sharp rally Friday as the Dow Jones Industrial Average stormed up 96.50 points to close at 12,720.48.

You’ve heard of structured products. These largely were (and are) complex securities based on lots of streams of cash in underlying loans whose flows were not well predicted. There was a credit crisis associated with them in 2008.

As tax time approaches, many clients are wondering what to do with their most highly appreciated assets. If they are charitably minded, those assets can be converted into reliable streams of income through charitable trusts.

You’ve heard of structured products. These largely were (and are) complex securities based on lots of streams of cash in underlying loans whose flows were not well predicted. Now come “synthetic” ETFs, where interest-rate swaps and other derivative products are used to replicate the performance of a securities index.

Muni yields have outperformed those of Treasuries by rallying four to five basis points on the intermediate and long ends of the curve throughout the holiday-shortened week. Meanwhile, equivalent Treasury yields backed up three to four basis points.

Interactive Brokers Group, which considered buying part or all of Jon Corzine's MF Global Holdings as it began to collapse in October, said it has begun segregating customer funds from house funds “on a daily basis.”

U.S. stocks maintained their recent momentum Thursday as the Dow Jones Industrial Average up 45 points to 12,623.98 following a better-than-expected jobs report.

Bank of America’s Global Wealth and Investment Management business saw its 2011 fourth quarter net income decline precipitously compared to the fourth quarter of 2010 as lower transactional activity offset higher net interest income and asset management fees.

The Dow Jones Industrial Average’s 30 component companies said they expect to pump up their annual dividend payouts by 12.3% in 2012 to almost $105 billion.

Knight Capital Group said its volume of trading in U.S. equities fell 19.3% in December, compared to November. Its volume also fell 3.5% from a year earlier.

Exchange-traded funds are like stocks. Except they're not. They’re sort of like mutual funds, but not really. Here’s a glossary of ETF terms to help clear things up.

The SEC has joined the U.S. Department of Justice in approving the merger of NYSE Euronext with Deutsche Boerse. Now the only remaining hurdle is obtaining approval from competition commissioners of the European Commission.

Investors steered $1.43 billion into stock mutual funds during the week ended Wednesday, Jan. 11, breaking a near nine-month spell of investor redemptions that totaled more than $172 billion, according to the latest statistics from the Investment Company Institute.