Mutual funds

PIMCO has launched the PIMCO Emerging Markets Full Spectrum Bond Fund (PFSIX), which it touts as a "one stop" fixed income strategy to bet on investment opportunities in the developing world.

For the week ended Feb. 20, investors steered an estimated $11.29 billion into mutual funds, down 11% from the previous week.

Franklin Templeton plans to open three new offices in Italy.

BlackRock today announced that its US-listed iShares Minimum Volatility suite of funds, which launched in October 2011, has crossed $4 billion in asset under management.

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Newfleet Asset Management, an affiliated manager of Virtus Investment Partners, has named Christopher Kelleher has been named senior managing director and head of institutional asset management.

BlackRock, the world’s biggest asset manager, replaced portfolio managers at funds including those that invest in energy as it seeks to improve performance at actively run products.

Three American Century Investments portfolio managers are popping the champagne after their latest promotions.

Executive cash bonuses for the New York City securities industries are expected to jump by eight percentage points, rounding out to about $20 billion, New York Comptroller Thomas DiNapoli said.

William Galvin, Secretary of the Commonwealth of Massachusetts, today called out Charles Schwab & Co. for recently changing up its customer arbitration agreements by striking its investors’ ability to join class action lawsuits.

Financial services mergers & acquisitions will face both uncertainty and opportunities in 2013 due to increased regulatory costs, depressed organic growth, and the greater availability of attractive financing, according to a new report issued by PwC US.

Echo Point Investment Management has a new head of sales and marketing.

The Year of the Snake began on February 10. According to Chinese folklore, this year will be known for steady progress and attention to detail.

The firm last week slashed expense ratios for three funds while upping expenses for two others.

Firms managing some of the largest money market mutual funds in the U.S. are sending one clear message to the Financial Stability Oversight Council: Leave us alone.

Asset managers seeking a solution for currency trading have a new option available to them now.

ING Group has announced its new CEO.

The Vanguard Group giveth and also taketh away. The firm last week slashed expense ratios for three funds while upping expenses for two others.

Chatham, NY-based Aviemore Asset Management is prepping a merger of its ETF Market Opportunity Fund, a fund of funds, into a new separate series of the Stadion Investment Trust.

Milwaukee, WI-based Artisan Partners Asset Management today revealed in a regulatory filing that it expects the initial price of its Class A shares to be between $27 and $29.