Investments

The AARP Financial mutual funds will cease to exist as of Oct. 1, less than three years after launching the funds to much fanfare.

The AARP Financial mutual funds will cease to exist as of Oct. 1, less than three years after launching the funds to much fanfare.

George Friedlander has rejoined Citigroup as head of municipal strategy.

TD Ameritrade Holding Corp. announced that profits increased 5% to $179.4 million, or 30 center per share, as trading volume increased.

State Street Corp. followed serve Tuesday as custodial banks used the second quarter to bounce back from a year-earlier loss to post a profit.

Two new Standard & Poor’s indexes tracking municipal bonds launched yesterday, paving the way for Vanguard to enter the municipal exchange-traded fund business.

Two new Standard & Poor’s indexes tracking municipal bonds launched yesterday, paving the way for Vanguard to enter the municipal exchange-traded fund business.

Fidelity International portfolio manager Anthony Bolton continues to believe in China - in both good times and bad. The manager of the closed-end Fidelity China Special Situations Fund, who came out of less than two years in retirement at the end of 2009 to pick up the China baton once again, addresses the world economy and China's role in that in today's Wall Street Journal.

Despite investor concerns about a global economic recovery, BlackRock's Bob Doll and Deutsche Bank's Ben Pace are optimistic.

Every time you think you've got a handle on how to manage and benchmark the performance of the funds you invest, markets blow up and you have to start all over again.

Municipal bond mutual funds’ assets climbed to a new record total as they continue to command new money from investors in spite of low yields and a nonstop wave of bad headlines in the mainstream press over state and local government credit.

Despite investor concerns about a global economic recovery, BlackRock’s Bob Doll and Deutsche Bank’s Ben Pace are optimistic.

Target-date funds are more likely to be used by younger retirement plan participants who have lower account balances and have been at their jobs for less time, according to a study released Thursday by the Employee Benefit Research Institute.

Investors may be gloomy about an economic recovery, but senior executives remain confident in U.S. corporate growth.

Despite flat second-quarter results, Charles Schwab Corp.’s top executive remained upbeat about the remainder of 2010.

Has Citigroup Inc. finally found a strategy to hang its hat on - and is globalization, once again, the key to growth for the largest U.S. asset management firms?

If you have clients who still have a healthy dose of outrage at the big banks, now there is a fund just for them.

The trend towards younger target-date fund participants is due to the fact that new employees are more likely to be automatically enrolled in their employer’s 401(k) plan, where target-date funds are often the default option, the study said.

Despite the fact small-cap stocks have tumbled recently as greater economic uncertainty increased, the average domestic small cap mutual fund continues to outperform. So how come some observerrs are skeptical?

The growing investor acceptance of taxable municipal bonds over the past year appears to have hit a stumbling block.