Investments

Alternative mutual funds are making their way into the market via mutual fund firms, hedge funds, private equity shops and now banks.

The Board of Trustees of the Tatro Tactical Appreciation Fund (TCTNX), a series of the Northern Lights Fund Trust, has decided to shut down the fund “in the best interests of its shareholders,” according to a filing.

Financial Planning unveils its annual list of the largest independent broker-dealers in June. As a sneak peek, here's a list of the 10 top IBDs including networks.

Investors continue to pour dollars into 40’ Act products, looking for returns outside of U.S. borders and income from taxable fixed income funds.

Total money market mutual fund assets increased by $19.53 billion to $2.601 trillion for the week ended Wednesday, May 22, according to the Investment Company Institute.

T. Rowe Price is expanding its lineup of target-date funds.

Assets held in exchange-traded funds rose in April by $22.39 billion to $1.469 trillion, according to the Investment Company Institute.

Endurance Series Trust, a newly-formed multi-series trust, is launching its first mutual fund via Tampa-based Gator Capital Management, the fund’s advisor.

Flows into tax-exempt money market funds continued to see-saw this week as $906.5 million arrived in the week ended May 20, according to The Money Fund Report, a service of iMoneyNet.com.

An Iowa man was sentenced to 37 years in the clink for mailing bombs and threatening letters to mutual fund managers at Janus Capital Group and American Century Cos. in a bid to influence stock prices.

Franklin Templeton Investments is closing its Frontier Markets Fund to new investors on June 28, Money Management Executive has learned.

Annuity providers generated $51.7 billion in sales in the first quarter, down 6% from a year earlier.

While it’s very convenient to help clients access China though companies listed on U.S. exchanges through reverse mergers, is it safe?

John Hancock Funds today announced that the John Hancock Short Duration Credit Opportunities Fund (JMBAX, JMBIX) and the John Hancock Global High Yield Fund (Class A: JYGAX, JYGIX) are now available to retail investors.

Assets of all exchange-traded funds rose in April by $22.39 billion to $1.469 trillion, according to the Investment Company Institute.

Liana Magner has been appointed US Delegated DC Leader for Mercer’s Investments business.

ProShares has added a new exchange traded fund to its product stable.

T. Rowe Price is expanding its lineup of target-date funds.

Mutual funds picked up $8.51 billion for the week ended Wednesday, May 15, according to the Investment Company Institute, but bond funds suffered.

Direxion Funds' CEO Dan O'Neill examines new products and strategies that will be the next phase in the evolution of ETFs.