Mutual funds

Nuveen Asset Management’s Chief Equity Strategist and Senior Portfolio Manager Bob Doll is taking on a new slate of funds including traditional, specialty, and alternative funds.

iShares has expanded its suite of iSharesBonds with four new corporate term exchange-traded funds, including the iSharesBond 2016 Corporate Term ETF (IBDA), iSharesBond 2018 Corporate Term ETF (IBDB), iSharesBond 2020 Corporate Term ETF (IBDC) and the iSharesBond 2023 Corporate Term ETF (IBDD).

Mutual funds experienced outflows of $4.89 billion for week ended Tuesday, July 2, according to the Investment Company Institute.

In June, U.S. exchange-traded fund outflows topped $10 billion, as investors withdrew $6.2 billion from fixed income ETFs and $6 billion from emerging market ETFs, according to State Street Global Advisor’s latest ETF Snapshot report.

The Deloitte Center for Financial Services has added Lynette DeWitt as a research manager, focused on asset management.

Francis Picarelli has been promoted from vice president to senior vice president at consulting shop Segal RogerCasey.

The Vanguard Group had its first monthly redemptions in almost 20 years in June as investors sold bond funds in anticipation of the Federal Reserve scaling back its asset purchases.

Purveyors of the Iron Horse Fund (IRHAX/IRHIX), a mutual fund deploying a signature covered call investment strategy, have announced a reduction in fees for the fund.

State Street Global Advisors is making a few changes to its lineup.

The Vanguard Group had its first monthly redemptions in almost 20 years in June as investors sold bond funds in anticipation of the Federal Reserve scaling back its asset purchases.

Invesco PowerShares Capital Management today announced that its PowerShares Fundamental suite of exchange-traded funds recently passed the $5 billion in assets under management mark.

Woodland Hills, Calif.-based Guinness Atkinson Asset Management has appointed Frank Zukowski to the position of national sales director, focusing on serving the RIAs and Bank Trust channels.

Advisors remain very bullish on U.S. equities and plan to allocate a greater percentage of their clients’ portfolios to the asset class over the next six months, according to a new survey by Aberdeen Asset Management.

Newly-formed mutual fund shop New York-based Wavelength Capital Management is looking to catch the mutual fund wave with its own proposed offering, dubbed the Wavelength Interest Rate Neutral Fund.

John Hancock today announced a new management fee breakpoint for the John Hancock Global Absolute Return Strategies Fund (JHAAX) and a decreased breakpoint in the management fee schedule for the John Hancock Sovereign Investors Fund (SOVIX).

Greenwich, Conn.-based AQR Capital Management is currently prepping to launch another alternative mutual fund to add to its growing family.

Christine Carolan has been appointed by Mercer Investments to the role of Investment Director for the Western region of the U.S.

Who is Steve Darcis?

Mutual fund liquidations have risen within the first six months of 2013 compared to the same period last year.

Mutual funds and exchange-traded funds are both pooled investment solutions that can successfully offer an advisor's strategies to a larger group of investors.