Investments

The Vanguard Group had its first monthly redemptions in almost 20 years in June as investors sold bond funds in anticipation of the Federal Reserve scaling back its asset purchases.

Invesco PowerShares Capital Management today announced that its PowerShares Fundamental suite of exchange-traded funds recently passed the $5 billion in assets under management mark.

A study by the Congressional Budget Office counteracts longstanding conventional wisdom that retirees should hold at least some of their portfolio in annuities

Woodland Hills, Calif.-based Guinness Atkinson Asset Management has appointed Frank Zukowski to the position of national sales director, focusing on serving the RIAs and Bank Trust channels.

Advisors remain very bullish on U.S. equities and plan to allocate a greater percentage of their clients’ portfolios to the asset class over the next six months, according to a new survey by Aberdeen Asset Management.

Newly-formed mutual fund shop New York-based Wavelength Capital Management is looking to catch the mutual fund wave with its own proposed offering, dubbed the Wavelength Interest Rate Neutral Fund.

John Hancock today announced a new management fee breakpoint for the John Hancock Global Absolute Return Strategies Fund (JHAAX) and a decreased breakpoint in the management fee schedule for the John Hancock Sovereign Investors Fund (SOVIX).

Greenwich, Conn.-based AQR Capital Management is currently prepping to launch another alternative mutual fund to add to its growing family.

Christine Carolan has been appointed by Mercer Investments to the role of Investment Director for the Western region of the U.S.

Who is Steve Darcis?

Global exchange-traded funds and exchange-traded products last month experienced outflows for the first time in two years losing $3.98 billion.

Total assets in municipal bond funds rebounded after a week of record outflows, even as investors continued to redeem their cash for the sixth week in a row.

Who is Steve Darcis?

It looks like Nationwide Mutual Insurance Company will have its day in court come January 2014 to defend itself against a mutual fund lawsuit.

The U.S. Court of Appeals for the District of Columbia Circuit has put alternative mutual funds on notice after ruling in favor of the Commodity Futures Trading Commission by upholding its recent amendments to Rule 4.5 that will require mutual funds that bet on gold, oil or other commodities to register as commodity pool operators.

Last month, State Street Global Advisors revealed numerous changes meant to modify its core teams in the traditional asset space.

One of China's biggest asset managers is looking to bring China and Asia-focused mutual funds to U.S. institutional and retail investors.

Mutual fund liquidations have risen within the first six months of 2013 compared to the same period last year.

Mutual funds and exchange-traded funds are both pooled investment solutions that can successfully offer an advisor's strategies to a larger group of investors.

Bill Gross’s Pimco Total Return Fund (PTTRX), the world’s largest mutual fund, absorbed a record $9.9 billion in net redemptions last month as investors fled bonds in anticipation of the Federal Reserve scaling back its purchases.