Investments

J.P. Morgan Asset Management today launched the 2013 edition of its Guide to Retirement to help advisors with their retirement practices.

Mutual funds continued their inflow streak yet again the week ended Feb. 27, but domestic equity funds saw their first outflows since the week ended Dec. 31, 2012. 

Goldman Sachs Asset Management has launched the Goldman Sachs World Bond Fund (GWRAX)—a core bond strategy that bets on fixed income securities and currencies across the developed and emerging markets.

Gone are the glorious higher-yielding days of 2011.

Last month, exchange-traded funds and exchange-traded products globally had net inflows of $11.4 billion, according to ETFGI.

Neuberger Berman has appointed Hirofumi Gomi, former commissioner of the Financial Services Agency (FSA) of Japan, as executive adviser of its East Asian operations, effective March 1.

What's State Street Global Advisor's next big destination for expanding its retirement business? 

In an effort to expand its “investment abilities in international equity markets”, Fred Alger Management has hired a team of experts from Allianz Global Investors, the New York-based firm announced Tuesday.

Forbes has compiled its list of the world's billionaires http://www.forbes.com/billionaires/ and a few mutual fund executives have made the cut.

Last month, exchange-traded funds and exchange-traded products globally had net inflows of $11.4 billion, according to ETFGI.

For the week ended Feb. 27, investors pulled an estimated $1.13 billion from U.S. stock mutual funds, giving the funds their first weekly outflow this year.

At the end of 2012, investors had a combined average balance of $225,600 in their workplace retirement plans and IRA accounts.

Low-volatility stocks are in demand, as evidenced by the popularity of low-volatility ETFs and the ongoing expansion of available choices.

The Internal Revenue Service said Tuesday that its Modernized e-File Production system is taking longer to generate federal acknowledgments for tax return filings.

In the first seven weeks of the year, $30 billion has flowed into equity mutual funds.

In first seven weeks of the year, $30 billion flowed in to equity mutual funds.

It's been two years and a half since Scout Investments purchased Columbus, Ind.-based fixed income shop Reams Asset Management. Now it's ready to buy more.

South Korea-based Mirae Asset Global Investments has just named to its US subsidiary, Mirae Asset Global Investments (USA), a new chief executive officer, president and chief operating officer, effective immediately.

It's been more than three years since the Securities and Exchange Commission adopted a new rule requiring boards to disclose whether and how they go about recruiting more diverse directors.

The Internal Revenue Service said that budget sequestration would require reductions in refundable credits for certain tax-exempt bonds and the refundable portion of the Small Business Health Care Tax Credit for some small tax-exempt employers.