Investments

Outflows slowed to $597.3 million the week ending Aug. 23 after hemorrhaging $4.99 billion the week before, according to the Money Fund Report, a service of iMoneyNet.com. Total assets declined slightly to $340.75 billion from $341.34 billion.

Moody’s Investors Service is pushing state and local issuers to agree to indemnify and hold it and its officers harmless for any mistakes they might make as a precondition to assigning ratings on municipal bond transactions, market participants said Thursday.

Fund managers and other experts say that target-date funds need to increase the amount of information they provide investors to understand their investment risk. But they don’t want the Securities and Exchange Commission to change the way the funds are named.

Investment funds, lawmakers and other fund experts say that target-date funds need to increase the amount of information they provide investors to understand their investment risk. But they don’t want the Securities and Exchange Commission to change the way the funds are named.

Outside of currency and fixed-income plays, active exchange-traded funds are struggling to gather meaningful assets.

A group of investors Wednesday sued the accounting giant Ernst & Young for allegedly misrepresenting the financial status of the defunct hedge fund Parkcentral Global after they lost a total of $17 million in the fund.

A group of investors on Wednesday sued the accounting giant Ernst & Young for allegedly misrepresenting the financial status of the defunct hedge fund Parkcentral Global after they lost a total of $17 million in the fund.

In a letter to the SEC, investment management firm says it does support enhanced disclosure.

Equity market volatility and investors’ subsequent flight to fixed income seems to be spurring product manufacturers to focus more on an area that currently has seen sparse investor interest: International fixed income.

Independent advisors are still “somewhat conservative” in their outlook, but there are some bright spots in their expectations, according to a survey from Charles Schwab.

Providers are ramping up products to tap into investors’ lust both for global diversification and fixed income. Are you ready?

The vast majority of early Build America Bond subsidy payments were processed in a timely and accurate manner during the first five months of the program, with no evidence of fraud or errors, according to a new report.

Confidence among high-net-worth investors tumbled in August, according to a monthly survey by Spectrem Group.

Long-short strategies are outperforming—or at least underperforming less—than traditional equity plays, according to a white paper by Credit Suisse.

A recent realignment of The Hartford Financial Services Group resulted in a new position for Jim Davey running the company’s mutual fund business.

Long-short investing lost a lot less money than equity investments, Credit Suisse says. But is it right for your clients?

The Securities and Exchange Commission has given money market funds a reprieve from following an amendment to money market fund regulations requiring allowing them to approve of the credit rating agencies they must use to determine whether a security is eligible for investment.

The Boston company said Tuesday it is introducing new Retirement Choices target-date portfolios, which are designed to take participants “to” retirement and accommodate the participant who wishes to select another investment strategy at the time of retirement.

Hedge funds finally make it back into the black, returning 0.35% year to date in July, Morningstar says.

One of the Obama administration’s priorities is to get Congress to extend the Build America Bond program and federal officials are convinced BABs will remain a “vibrant market” even if the federal subsidy rate is reduced from its current 35% level, a Treasury Department official said ­Monday.