Mutual funds

Income, safety and international. Those are the key words when it comes to describing the most popular mutual fund categories.

MidAtlantic Trust Company said it had resolved record-keeping problems that have kept exchange-traded funds from being part of holdings in 401(k) and other retirement plans.

Principal has filed to launch the Capital Securities Fund in Class S shares.

Daniel Needham has been appointed global chief investment officer for Morningstar Investment Management and managing director for Morningstar Investment Management Europe.

Jeff Vinik, in a move that echoes his departure 17 years ago from the Fidelity Magellan Fund, is shutting his hedge fund after making ill-timed bets on gold and the direction of stocks.

Principal Life Insurance Co. plans to roll out a variable annuity called Principal Lifetime Income Solutions on Aug. 1.

UCM Partners, a New York City-based boutique asset manager specializing in residential and commercial mortgage-backed securities, will be launching the UCM MBS Total Return Fund, its second mutual fund.

Arrow Investment Advisors will be launching a new high yield bond ETF. According to a filing made with the SEC May 6, the company registered to launch the Arrow Global Enhanced HY Bond ETF.

Thomson Reuters has launched a proprietary index designed to measure trust in global financial institutions called the Thomson Reuters TRrust Index (TRust Index).

Morningstar has rolled out the next generation of Morningstar® Retirement ManagerSM, an advice and managed account service for defined contribution participants in the United States.

Primerica is incorporating two additional annuity products from Lincoln Financial Group into its retirement lineup.

Vanguard is establishing an intermediary business in Hong Kong. Along with the new business unit, Vanguard also said the announcement of its first locally domiciled product offering in Hong Kong is imminent.

Two or three years ago, institutional investors primarily used ETFs for tactical purposes, holding them for less than one year. But now they are using them strategically as well, according to the 2013 Greenwich Associates study of trends in institutional usage of ETFs, which was sponsored by iShares.

The T. Rowe Price New Era Fund is getting a new manager. Timothy Parker, the fund’s current manager will leave to pursue other opportunities, the firm’s spokeswoman told Money Management Executive.

Two former chairs of the Senate Budget Committee – one Republican, one Democrat – said the nation can come up with a debt deal and that would lead to explosive growth in the nation’s economy. And possibly the world’s.

Columbia plans to offer the Columbia International Value Fund, which will invest at least 80% of its total asset in equity securities of foreign companies that have market capitalizations of more than $1 billion at the time of purchase, according to the registration filing.

American Century is rebranding its target-date funds, dropping the LIVESTRONG name, which is associated with Lance Armstrong, and branding the funds as One Choice Portfolios.

meaningful money market reform.’’ And that developing its next round of reform measures will be made with international regulation in mind.

Independent broker-dealers and RIAs have the edge over wirehouses when it comes to adding mutual fund assets under management, according to Access Data and Strategic Insight.

Tax season has come and gone, yet the run of outflows from municipal bond mutual funds dragged into its ninth straight week, at $391 million.