Investments

American Century has hired an army veteran as its newest vice president.

BlackRock the world’s biggest money manager, is accused in a lawsuit by two pension funds of reaping “grossly excessive” compensation from securities- lending returns associated with iShares.

Nearly half (47%) of adult children say their parents never made any financial mistakes. Meanwhile, their parents were quick to point out their children’s financial missteps.

The Securities and Exchange Commission last month promoted George Canellos, currently Deputy Director of the Division of Enforcement, as Acting Director

Domestic mutual funds and ETFs drew in $17.9 billion the week ended Jan. 30, wrapping up the first month of 2013 with total net inflows of $51.7 billion.

The Securities and Exchange Commission's municipal bond office has sent a so called "no-action" letter to NetRoadshow Inc., paving the way for the firm and its underwriter clients to present Internet-based "road shows" on municipal bond offerings to retail investors.

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

Stadion Money Management has found itself a new distribution partner.

Equity mutual funds are experiencing a resurgence in the first month of the new year. But investors continue to pour money into bond funds, as interest-rates remain low fpr the foreseeable future

Insurer Symetra is making wholesale changes to its Mutual Funds Trust.

Equinox Financial Group is following up on its recent acquisition of Tapestry Asset Management, a hedge fund shop, by launching a long/short fund with Princeton, NJ-based Tapestry as the subadvisor.

Eaton Vance has launched a new bond fund backed by veteran bond picker Kathleen Gaffney.

U.S. mutual funds and ETFs drew in $17.9 billion the week ended Jan. 30, wrapping up the first month of 2013 with total net inflows of $51.7 billion.

The firm’s chief market strategist, David Kelly, said tax hikes won’t be enough to knock consumer spending for 2013.

Total money market mutual fund assets dropped by $770 million to $2.695 trillion for the week ended Wednesday, January 30, according to the Investment Company Institute.

Jeff Knight, who previously led Putnam Investments’ Global Asset Allocation investment unit, which manages specialized multi-asset class portfolios for retail and institutional clients, has left the firm to pursue other opportunities, according to the firm.

Finding a way to keep clients safe while generating more income in the markets.

The professor of law and taxation at the University of Virginia discusses the American Taxpayer Relief Act of 2012.

Experts are banking on continued strong performance and cash flows from real estate investment trusts.

The beginning of a year offers an opportunity to see how investments align with life goals.