Mutual funds

It's been more than three years since the Securities and Exchange Commission adopted a new rule requiring boards to disclose whether and how they go about recruiting more diverse directors.

Ft. Lauderdale, FL-based Community Capital Management, which bills itself as a fixed income impact investing manager, has named Barbara VanScoy to the new position of chief impact investment officer.

Chicago-based Driehaus Capital Management is liquidating its Driehaus International Credit Opportunities Fund (DRCIX) after a year of less-than-stellar performance.

Attention fund managers: Want to know if your fund is the best of the best among 401(k) plans?

Should mutual funds be backing off on holdings in gun and armament makers?

Value Line Funds, a $2 billion mutual fund complex, has changed the name of two of its mutual funds “to better reflect their investment objectives and strategies.”

Word to the wise sponsor when it comes to target-date funds: No, not any QDIA will do, and bigger companies aren't always better.

State Street Global Advisors has appointed Maria Dwyer as chief risk officer, effective immediately.

Principal Global Investors is betting big on alternatives.

Russell Investments, which advises funds with $2.4 trillion in assets, will reclassify Greece to an emerging from a developed market, an unprecedented step taken after a recession reduced the nation’s economy by 20%.

Paul Schaeffer, managing director, Strategy & Thought Leadership, at alternative mutual fund shop Forward, is calling it quits after more than two years on the job, Money Management Executive has learned.

Continued demand for equity exchange-traded products booted ETP flows $47.1 billion, the strongest two-month total on record, according to BlackRock’s latest ETP Landscape Snapshot.

Are active exchange-traded funds just a gimmick? And is there a resolution in sight for any potential further reform of the money market mutual fund industry?

Should mutual funds be backing off on holdings in gun and armament makers?

While U.S. investors remained net purchasers of mutual fund assets for the week ended Feb. 27, political uncertainty seems to have shaken them somewhat.

Another money market fund is making its way toward the recycling bin.

Is there an actual fee war being waged among exchange-traded fund providers or are fees being adjusted merely according to standard operating procedure?

While U.S. investors remained net purchasers of mutual fund assets for the week ended Feb. 27, political uncertainty seems to have shaken them somewhat.

Are active exchange-traded funds just a gimmick? And is there a resolution in sight for any potential further reform of the money market mutual fund industry?

New York Life, the parent company of Mainstay Investments, has hired Don Desiderato as senior managing director and chief technology officer.