Mutual funds

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.

Pacific Investment Management Co., the world’s largest active bond manager, plans to open a fixed- income fund today that will allocate money across a range of emerging-market debt, according to a person briefed on the plan.

Money market mutual fund assets continued its steady decline the week ended Feb. 20.

Mutual funds overall continued to enjoy flows the week ended Feb. 20, reported Jeff Tjornehoj of Lipper.

Vanguard has made five key investment management appointments as part of what it says is its long-standing practice of periodically rotating members of its investment management teams to broaden their experience and provide them with new responsibilities.

Although rising interest rates may challenge those bond investments with the highest sensitivity to interest rates, many parts of global fixed-income markets can provide reduced interest-rate risk and even be used to seek potentially strong performance in a rising interest-rate environment.

Mutual funds overall continued to enjoy flows the week ended Feb. 20, reported Jeff Tjornehoj of Lipper.

The Touchstone Funds Group is dumping six funds that its Board of Trustees deems to small and redundant.

Money market mutual fund assets continued its steady decline the week ended Feb. 20.

It’s business as usual for Chicago-based Harbor Capital Advisors, a manager of managers shop.

Fidelity Investments, the second-biggest mutual fund manager in the U.S., plans for the second time this year to bar new investors from a fast-growing fund focused on small-company stocks.