Mutual funds

Oppenheimer Funds is set to roll out a new look on May 1. The new imaging reveals a modernized retail brand, which will continue to be known as OppenheimerFunds, and a new institutional brand, OFI Global Asset Management.

iShares has registered a U.S. equities factor-based ETF called the MSCI USA Quality Factor ETF. The fund will add to the company’s lineup of factor-based ETFs that track MSCI Indexes rolled out earlier this month.

Invesco has made some changes to the portfolio management teams of Invesco Dynamic Credit Opportunities Fund (VTA) and Invesco Senior Income Trust (VVR).

Nasdaq OMX Group said it expects the re-launch of its PSX exchange as an exchange-traded fund marketplace to take place in May.

BNY-Mellon won a top ETF industry honor, for the seventh consecutive time. The firm took home the award for 2012 “Best Service Provider – The Americas” at the ninth annual Global ETF Awards.

iShares will close and liquidate the iShares Diversified Alternatives Trust, according to a letter to shareholders.

The Securities and Exchange Commission's new leader, Mary Jo White, will bring her years of experience as a federal litigator before the fund industry this week as its members try to judge whether she will propose reforms that could cripple the marketplace.

The boutique purveyors of the mutual fund world have different branding and distribution challenges than their larger asset management counterparts.

San Antonio-based USAA Investments, a provider of mutual funds and insurance products to members of the U.S. military, is currently prepping the USAA Target Retirement 2060 Fund to launch in July 2013.

The MFEA launched a new group within its executive council: the Product Management Council (PMC).

American Century Investments has named former BlackRock/Barclays Global Investors executive Vinod Chandrashekaran senior vice president and director of quantitative research.

Assets of all exchange-traded funds rose in March by $37.54 billion, or 2.7%, to $1.446 trillion, according to the Investment Company Institute.

The boutique purveyors of the mutual fund world have different branding and distribution challenges than their larger asset management counterparts.

Alternative mutual funds are hot and signs are pointing to a greater expansion of the growing asset class.

Just like many corporate boards, mutual fund boards have an opportunity to strengthen their operations, and solve some of the challenges they face, by more effectively thinking about the value of diversity.

Every industry has its Achilles' heel. For fund administrators, it's issues with data integrity and the lack of automation of key operations, such as expense processing. In terms of fund expenses, there is more to think about than advisor fee justification and distribution fee compliance.

Mutual funds and exchange-traded funds ETFs saw redemptions of $7.0 billion the week ended April 24.

Fidelity Investments has rolled out a Windows Phone 8 brokerage app for Windows Phone users to help them manage their investments on the go.

Total money market mutual fund assets dropped by $1.87 billion to $2.593 trillion for the week ended Wednesday, April 24, according to the Investment Company Institute.

Touchstone Investments is closing one fund and transferring its assets into another fund that, essentially, does the same thing.