Investments

Principal Global Investors is betting big on alternatives.

Russell Investments, which advises funds with $2.4 trillion in assets, will reclassify Greece to an emerging from a developed market, an unprecedented step taken after a recession reduced the nation’s economy by 20%.

Paul Schaeffer, managing director, Strategy & Thought Leadership, at alternative mutual fund shop Forward, is calling it quits after more than two years on the job, Money Management Executive has learned.

Continued demand for equity exchange-traded products booted ETP flows $47.1 billion, the strongest two-month total on record, according to BlackRock’s latest ETP Landscape Snapshot.

Are active exchange-traded funds just a gimmick? And is there a resolution in sight for any potential further reform of the money market mutual fund industry?

Should mutual funds be backing off on holdings in gun and armament makers?

While U.S. investors remained net purchasers of mutual fund assets for the week ended Feb. 27, political uncertainty seems to have shaken them somewhat.

Many LGBT investors have a false sense of security about the issue of gay marriage and do not appreciate its effect on their own financial future, a ccording to a Wells Fargo survey,

The index maven at Standard & Poor’s shies away from predictions, but expects one of two scenarios: one optimistic and the other pessimistic. And he likes index funds.

Another money market fund is making its way toward the recycling bin.

William Galvin, Secretary of the Commonwealth of Massachusetts, last week called out Charles Schwab & Co. for recently changing up its customer arbitration agreements by striking its investors' ability to join class action lawsuits.

Much ado has been made about the splashy start this year for equity funds.

Is there an actual fee war being waged among exchange-traded fund providers or are fees being adjusted merely according to standard operating procedure?

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

While U.S. investors remained net purchasers of mutual fund assets for the week ended Feb. 27, political uncertainty seems to have shaken them somewhat.

Are active exchange-traded funds just a gimmick? And is there a resolution in sight for any potential further reform of the money market mutual fund industry?

New York Life, the parent company of Mainstay Investments, has hired Don Desiderato as senior managing director and chief technology officer.

ALPS has launched the U.S. Equity High Volatility Put Write Index Fund (HVPW), which tracks the NYSE Arca U.S. Equity High Volatility Put Write Index.

Investors in Los Angeles–based FPA funds will be glad to hear that effective April 1, all of the FPA Funds will be available as no-load funds.

The largest purveyor of money market mutual funds in the United States this month told the Financial Stability Oversight Council that no further reform of such funds is necessary.