Investments

Managers see plenty of opportunities ahead from new regulations and disconnects in the capital markets.

Some municipal bonds have rallied significantly since Moody’s Investors Service and Fitch Ratings last month overhauled their systems for assigning ratings to state and local government credits — effectively upgrading almost the entire universe of muni bonds.

Hedge funds’ take on the wide array of new regulations being proposed for collateralized debt obligations, credit default swaps and derivatives, in addition to taxes on risk retention, is simple: Bring it on.

Fidelity Investments has launched a corporate bond fund with retail and adviser shares.

Nearly 58% of asset management firms are using hybrid wholesalers as they increase in scale and opportunity, according to a new study from the New York research firm kasina.

T. Rowe Price is gaining new market share as banks and other intermediaries move to a fees-and-advice model, and as the mutual fund company makes a concentrated push overseas to rebuild its assets under management.

Wealth management veteran, Lawrence E. Gore, joined Wilmington Trust as the newest managing director and senior private client advisor for the company’s wealth advisory services business in the Northeast. He will work out of the firm’s New York office.

In an effort to develop its wealth management arm, Toronto insurance giant Sun Life Financial Inc. announced Thursday it is established a proprietary mutual fund company in Canada.

The fund family, which will include a proprietary family of Canadian funds, is an effort to bring the investment capabilities of MFS Investment Management, Sun Life’s Boston-based asset management arm, to Canadian retail investors.

Congress should repeal the SEC's 1992 blanket exemption for asset-backed pools and re-examine the appropriateness of the $5 million-$25 million tests in the 1996 exemption.

As markets continued to rise in April, assets held in exchange-traded funds increased for the third consecutive month.

Last year saw the launch of a record 12 new non-traded real-estate investment trusts, according to analysis by Blue Vault Partners, an Atlanta research firm that specializes in this sector.

According to monthly data assets held in U.S. exchange-traded funds rose 2.9% from a month earlier to $830 billion.

Non-traded real-estate investment trusts found favor last year with investors looking for dividend income without stock market volatility.

Recent revelations such as those involving Goldman Sachs demonstrate that when it comes to investing, many commercial banks, pension funds, endowments and other institutions are not sophisticated.

The Securities and Exchange Commission and the Commodity Futures Trading Commission have created a joint panel to study last Thursday's mysterious "flash crash," as well as other emerging regulatory issues.

New York Attorney General Andrew M. Cuomo filed a lawsuit Tuesday against the hedge fund division of Ivy Asset Management, a unit of Bank of New York Mellon Corp., and two of its executives alleging they “deliberately” mislead clients about investments tied to Bernard L. Madoff.

Supreme Court nominee Elena Kagan filed a briefing with the high court last year asking it not to accept an appellate decision affirming the Gartenberg standard in the Jones vs. Harris Associates case.

Evidently, less is not more when it comes to investment advice in 401(k) plans.

Fidelity has promoted Abigail Johnson, president of personal and workplace investing, to president, personal, workplace and institutional services—effectively in charge of all distribution channels, and hired BNY Asset Management President and CEO Ronald P. O’Hanley to head asset management and corporate services.