Investments

Exchange-traded fund flows topped $298 billion in January, according to State Street Global Advisors’ latest ETF Snapshot.

Lloyd George Management, a wholly owned subsidiary of BMO Global Asset Management, last month took over sub-advising BMO's Emerging Market Equity Fund (MIEMX), which bets on a diversified portfolio of common stocks of foreign companies located in emerging market countries.

Target maturity funds picked up more than $13 billion in the fourth quarter of 2012, bringing the industry’s total assets to some $485 billion, a 29% increase from a year ago, according to data from Ibbotson.

DoubleLine Capital and ALPS Advisors topped Strategic Insight's list of fastest growing mutual fund managers in 2012.

Net outflows among tax-exempt money market funds were down to $203.1 million and total net assets settled at $282.48 billion for the week ended Feb. 4.

Inflows to municipal bond mutual funds are shrinking, though they remained positive for a fifth straight week, as they recorded $109 million in inflows for the week of Feb. 6.

Chicago-based Calamos Asset Management has promoted James Boyne to president and chief operating officer, a position he still holds.

In a survey of 303 finance executives, 57% were more optimistic than last year about the 12-month outlook for their companies’ performance.

What do to about investors who hate paying ETF trade commissions? Charles Schwab Investment Management's answer: Hit 'em with zero-commission ETFs.

DoubleLine Capital and ALPS Advisors topped Strategic Insight's list of fastest growing mutual fund managers in 2012.

In an effort to leverage the growing $1.4 trillion ETF market, Charles Schwab a basket of 105 commission-free exchange-traded funds.

Target maturity funds picked up more than $13 billion in the fourth quarter of 2012, bringing the industry’s total assets to some $485 billion, a 29% increase from a year ago, according to data from Ibbotson.

US exchange-traded funds and exchange-traded products reached a new record high of $1.42 trillion at the end of January 2013, according to figures from ETFGI.

The global exchange-traded product industry surpassed the $2 trillion mark last month, finishing the month with $40.2 billion of inflows, according to BlackRock’s latest ETP Landscape report.

For mutual fund firms, 2013 could be a particularly challenging year.

Fidelity Financial Advisor Solutions, the Defined Contribution Investment Only unit of Fidelity Investments, is looking to grow its team of wholesalers.

Jim O'Neill, chairman of Goldman Sachs Asset Management, will retire later this year. 

Vanguard today said that it is readying the Vanguard Total International Bond Index Fund and its exchange-traded fund shares to launch by the end of the second quarter.

Putnam Investments is launching a marketing campaign aimed at advisor and investors, dubbed, “New Ways of Thinking,” which will officially begin on Monday, February 11, through a series of print, direct marketing, and online advertising.

The Carlyle Group today officially closed the book on its acquisition of The TCW Group, which retained some 40% of the firm on a fully diluted basis.