Investments

In 2009, mid-cap ETFs had the largest gain.

Societe Generale’s U.S. savings and investment retirement plan has selected Putnam Investments to manage its $220 million defined contribution plan.

FundQuest has selected Managed Portfolio Advisors as the overlay manager for its customizable unified managed account program.

Fidelity Investments’ venture capital unit has broken off from the fund giant to form an independent firm called Volition Capital. It will continue to manage its previous portfolio of 20 U.S. companies. Going forward, it will invest primarily in high-potential, founder-owned technology companies.

Sector shows strength as Treasuries spike

With an increasing number of fund companies offering actively managed exchange-traded funds, including John Hancock, T. Rowe Price and PIMCO, this could be the new hot mutual fund category, some executives told Seeking Alpha.

Investors contributed $1.1 billion to the Fidelity Charitable Gift Fund in 2009, a 4.7% increase from the $1.05 billion they gave in 2008.

With an increasing number of fund companies offering actively managed exchange-traded funds, including John Hancock, T. Rowe Price and PIMCO, this could be the new hot mutual fund category, some executives told Seeking Alpha.

Renowned economist and author Nouriel Roubini said little to cheer advisors at today’s Investment Management Consultants Association conference in New York, predicting an anemic U-shaped economic recovery in the U.S.

Independent firms will help shape the mergers and acquisitions scene in the asset management industry in 2010, according to investment bank Jefferies & Co.

BlackRock Friday threw a new type of product into the mix in the rapidly growing and evolving municipal bond exchange-traded fund industry.

The 51-year-old man who shot and killed three people, injured another five and then committed suicide in St. Louis last Thursday at an ABB Power manufacturing plant where he had worked was one of the plaintiffs in a lawsuit against ABB and Fidelity over 401(k) fees.

Janus Selects Weil as CEO

BRIC Funds Top Performers of 2009

Despite an overwhelming consensus among the scientific community that human activity is causing climate change, most of the world's largest investment managers do not factor climate-related trends into their short- and long-term investment decision making, a new study finds.

Vanguard was able to stand out in 2009 despite -- or perhaps because of -- a difficult market environment.

NEW YORK -- U.S. and international regulators are widely credited with having saved the global economy from plummeting into a second Great Depression, and the fragile, recovering economy can expect to see continued support for much of 2010, experts say.

Mixed emotions as earnings season begins, from Lord Abbett, Turner Investments, and more, including the week in reports.

After Janus appealed to the Supreme Court to dismiss a lawsuit against it for mutual fund market timing, the high court turned to the Obama administration for its input on the case, Janus Capital Group v. First Derivative Traders.

As a further sign that the mutual fund industry and broader asset management business and economy are gaining strength, the financial industry netted 4,000 new jobs in December. This was the first time since July 2007 that there has been job creation, according to the Bureau of Labor Statistics.