Mutual funds

Insurer Symetra is making wholesale changes to its Mutual Funds Trust.

Equinox Financial Group is following up on its recent acquisition of Tapestry Asset Management, a hedge fund shop, by launching a long/short fund with Princeton, NJ-based Tapestry as the subadvisor.

Eaton Vance has launched a new bond fund backed by veteran bond picker Kathleen Gaffney.

U.S. mutual funds and ETFs drew in $17.9 billion the week ended Jan. 30, wrapping up the first month of 2013 with total net inflows of $51.7 billion.

Total money market mutual fund assets dropped by $770 million to $2.695 trillion for the week ended Wednesday, January 30, according to the Investment Company Institute.

Jeff Knight, who previously led Putnam Investments’ Global Asset Allocation investment unit, which manages specialized multi-asset class portfolios for retail and institutional clients, has left the firm to pursue other opportunities, according to the firm.

The beginning of a year offers an opportunity to see how investments align with life goals.

Morningstar announced today that it has awarded the Gold to two mutual funds, one a former Silver-rated fund and the other a brand new Medalist.

Bandon Capital Management has hired Whitney Dow as Managing Director, responsible for spearheading the firm’s marketing and relationship management efforts.

Pacific Investment Management Co., the world’s largest manager of actively run bond funds, has appointed Marc Seidner as interim head of global equities after Neel Kashkari’s departure last week, according to a person familiar with the matter.

Vanguard is switching indexes for five of its funds today.

Mutual funds that invest in U.S. stocks had another strong week, picking up $3.5 billion. They have now picked up $16.1 billion in a three-week period, a strong start after 25 weeks of declines.

Stock funds took in an estimated $6.35 billion in inflows for the week that ended Jan. 23, down 31% from the $9.2 billion they took in a week earlier. Still, the inflow is almost twice as large as a year earlier.

First, there was the Great Recession.

The TCW/Carlye deal is drawing ever closer and new rumors of more potential defections from the bond shop continue to swirl.

Mutual funds increased their assets by $174.3 billion to $13.047 trillion in December, according to the Investment Company Institute.

One of Wasatch Advisors' investment managers has been added as a portfolio manager on a flagship fund.

Aristotle Capital Management is adding new talent to its team.

Institutional investors are expected to increase their use of exchange-traded funds and institutional demand for fixed income ETFs are expected to rise, according to new findings from iShares.

Expense ratios have changed for 23 Vanguard mutual funds, according to a firm statement.