Mutual funds

By now, the Securities and Exchange Commission's newly-minted Chair Mary Jo White must be inundated with advice on how to succeed at her job from sources near and far.

Asset management deal activity rose during the first four months of this year as compared to a year earlier, according to a new report by Freeman & Co.

Larkspur, Calif.-based Litman Gregory Asset Management has hired Meredith Shuey Etherington as senior investment advisor, providing investment advisory services to individuals, family groups, foundations, and endowments.

Asset management deal activity rose during the first four months of 2013 over the same period in 2012, according to a new report by Freeman & Co.

The Securities and Exchange Commission has named Julie Riewe and Marshall Sprung as co-chiefs of the Division of Enforcement’s Asset Management Unit, a national specialized unit that focuses on misconduct by investment advisers, investment companies, and private funds.

Mark Henneman and Ronald Kaliebe have been named lead managers of the Mairs & Power Growth Fund and Mairs & Power Balanced Fund respectively, effective July 1.

Non-traditional investment allocations in defined contribution plans, while commonplace in defined benefit pension portfolios, are a rare sight in today's retirement plan lineup.

Franklin Resources, the parent of Franklin Templeton Investments, is readying its first multi-manager alternative mutual fund almost a year after buying a majority stake in K2 Advisors Holdings, a fund of hedge funds manager, from private equity shop TA Associates.

Eighty percent of investors under the age of 40 don’t feel like they are getting adequate financial advice from their advisors, according to new findings from Cerulli Associates, leaving the doors wide open for asset managers and retirement plan recordkeepers to fill the advice gap.

The TCW Group has launched the TCW Emerging Markets Multi-Asset Opportunities Fund (TGMAX/TGMEX), which will bet on sovereign and corporate bonds denominated in U.S. dollars, local currency debt and equities.

New York-based Emerging Global Advisors has launched the EGShares Emerging Markets Dividend Growth ETF (EMDG), which the firm is touting as the first emerging markets dividend growth exchange-traded fund.

The $2.1 trillion global exchange-traded fund industry has been growing at a rapid clip since the SPDR S&P 500 ETF was launched two decades ago as a means for institutional investors to access passive exposure to the S&P 500 Index.

Mutual fund companies are facing ongoing challenges in overseeing their financial intermediary relationships as omnibus processing and the reliance on FIs continue to increase, according to a new survey by Boston Financial Data Services.

The muni market, reeling from one of the worst selloffs in 25 years this week, witnessed record-breaking outflows to muni bond funds of $4.53 billion for the week of June 26.

Investors yearning for income and fearing rising interest rates are clamoring for loan funds.

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. The two types of funds share many similarities, but are also different in numerous ways. Advisors need to understand the nuances of both to choose the right investment vehicle to meet their goals.

Broadridge Financial Solutions has agreed to acquire Bonaire Software Solutions, a provider of fee calculation, billing, and revenue and expense management solutions for asset managers including institutional asset managers, wealth managers, mutual funds, bank trusts, hedge funds and capital markets firms.

By now, the Securities and Exchange Commission's newly-minted Chair Mary Jo White must be inundated with advice on how to succeed at her job from sources near and far.

The $2.1 trillion global exchange-traded fund industry has been growing at a rapid clip since the SPDR S&P 500 ETF was launched two decades ago as a means for institutional investors to access passive exposure to the S&P 500 Index.

Acquisitions are on the mind of Jeff Montgomery, who took over the helm of AFAM Capital at the height of the financial crisis in 2008.