Mutual funds

Nancy Grady has joined Northern Trust as Head of Fund Administration and Fund Accounting-Americas, overseeing fund accounting, regulatory administration, financial reporting, tax and other services for registered and unregistered mutual fund products.

Michael Mauboussin, chief investment strategist at the Legg Mason Inc. unit that’s home to Bill Miller, left the firm last week.

The end of December was a "dud" for flows into equity mutual funds, reports Jeff Tjornehoj of Lipper.

The highly regulated mutual fund industry has largely been spared from the post-2008 financial crisis reforms-except, of course, for money market funds which can't seem to move off the regulatory target zone.

It looks like famed movie director George Lucas is finally channeling his inner Jedi Knight Force to wed long-time fiancée Melody Hobson, president of Ariel Investments.

The end of December was a "dud" for flows into equity mutual funds, reports Jeff Tjornehoj of Lipper.

Pax World Management, which touts itself as having launched the industry’s first socially responsible mutual fund in 1971, has hired Judy May as senior vice president of marketing.

Total money market mutual fund assets increased by $37.78 billion to $2.705 trillion for the week ended Wednesday, January 2, according to the Investment Company Institute.

It's a big happy family for Hartford Mutual Funds, which announced today five new additions to its team.

3D Asset Management is giving its operations team a boost with a series of promotions.

Morningstar named its 2012 U.S. Fund Manager of the Year award winners in the allocation, alternatives, domestic stock, international stock, and fixed income categories.

Flows to muni bond mutual funds, though still negative, recovered much of their lost ground over the previous two weeks.

William Frels and Mark Henneman, who run the $2.5 billion Mairs & Power Growth Fund, were named domestic stock-fund managers of the year by Morningstar Inc.

Cerulli's latest Retirement Edition is out, this time with insight into the development of institutional investment vehicles, particularly collective trust funds (CTFs).

Morningstar today unveiled its 2012 U.S. Fund Manager of the Year award winners in the allocation, alternatives, domestic stock, international stock, and fixed income categories.

Keith Reynolds has joined Segal Rogerscasey’s Atlanta office as a senior consultant.

Henderson Global Investors (North America) is expanding its mobile and social media strategy with a brand new and free iPad app.

Sandip Bhagat has resigned as head of Vanguard’s Equity Investment Group, according to a regulatory filing.

Prudential has added a new line-up of target-date funds for defined contribution plan participants.

Prudential has picked up a new line-up of target-date funds for defined contribution plan participants.