Mutual funds

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.

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.

Crestview Partners has announced that it will acquire Victory Capital Management from KeyCorp for $246 million.

Charles Schwab Corporation continues to tout low fees with the announcement of first-year results for Schwab Index Advantage.

Charles Schwab Investment Management today announced that its suite of 15 equity and fixed income exchange-traded funds reached $10 billion in assets under management as of February 8.

When it comes to disclosure, everyone's for transparency.

State Street Global Advisors has launched the SPDR Russell 2000 Low Volatility ETF (SMLV) and the SPDR Russell 1000 Low Volatility ETF (LGLV) to bet on small and large cap equities.

Valentine's Day may be the holiday of passions, but investors seemed mostly unstirred in a week of steady, but unremarkable mutual fund flows.

For the week ended Feb. 13, investors steered a meager $509 million into U.S. stock funds, 37% less than a week earlier.

The Thompson Investment Management family last week lost one of their own in the form of Donald Nichols, who passed away on February 15. Nichols had been a director at the firm since the firm’s founding in 1987.

Fidelity Investments has made its first big step in becoming a provider of actively managed ETFs.