Investments

Nasdaq OMX Group less than a month ago announced plans to re-launch its PSX exchange as a "better trading venue" for exchange-traded funds, notes and other related products.

Muni bond mutual fund flows, which are viewed by many as a proxy for demand, recorded outflows for the week ending April 3, Lipper FMI numbers showed.

Pimco's 13-month-old exchange-traded fund is attracting more cash than the firm’s flagship Total Return mutual fund as investors join Bill Gross in preferring ETFs for bond investing.

Amazon.com is the type of stock that most growth managers have loved the past several years.

Curian Capital has added Gabriel Burstein as head of the Investment Strategy group.

Private-equity firms, the exclusive money managers overseeing $3 trillion worldwide for the wealthiest investors, are discovering a new type of client: ordinary people.

Franklin Templeton is the most recent fund manager to target the growing emerging markets bond fund category with the launch of the Templeton Emerging Markets Bond Fund.

MFS Investment Management has rolled out Class R5 shares for 40 of its US mutual funds. Class R5 shares allow MFS to offer a lower-cost share class option to plan sponsors of—and advisors working with—qualified retirement plans, including 401(k) plans. Class R5 shares, unlike many other share classes, do not pay sub-accounting fees.

Despite their growing optimism, most small and mid-sized business owners are planning to hold off hiring for the next six months.

Los Angeles-based Causeway Capital Management has named Foster Corwith and Alessandro Valentini as portfolio managers. Corwith and Valentini will join Causeway's six current fundamental portfolio managers in managing client portfolios on a team basis.

State Street Global Advisors has joined forces with GSO Capital Partners, the global credit business of The Blackstone Group, to launch the SPDR Blackstone / GSO Senior Loan ETF (SRLN).

When looking to spread the word about mutual funds and other investment strategies to Generation Y Investors, financial services firms should consider new media, according to Cambridge, Mass.-based consulting firm Cogent Research.

Bill Gross’s Pimco Total Return Fund (PTTRX), the world’s largest mutual fund, attracted $32 million in investor deposits in March, the lowest amount since December 2011.

Nationwide Financial has beefed up its mutual fund portfolio by adding 17 new equity and bond funds from HighMark Capital Management worth some $3.6 billion in assets.

During the week ended March 27, investors steered an estimated $9.12 billion into mutual funds, down 26% from the $12.38 billion they poured into the funds a week earlier.

Investors pumped $9.12 billion into long-term mutual funds for the week ended Wednesday, March 27, according to the Investment Company Institute.

Leewood, KS-based Tortoise Capital Advisors has rolled out the Tortoise North American Energy Independence Fund (TNPTX, TNPCX), a mutual fund that invests primarily in equity securities of North American oil and gas production companies.

Fred Alger Management has launched the Alger Capital Appreciation Focus Strategy (ALGRX, ALGIX), which follows an investment strategy that concentrates the portfolio’s holdings to generally less than 50 securities.

Vanguard Group is looking to make its investors think long-term when it comes to their investments via a new social media campaign dubbed "My Life Ticker".

Investors were more positive toward stocks, balanced mutual funds and real estate in the first quarter this year than they were in the previous quarter, according to a John Hancock survey.