Mutual funds

Target-date funds are slowly inching their way into 401(k) plan participants’ portfolios.

Investors redeemed $6.57 billion from mutual funds for the week ended Wednesday, December 12, according to data from the Investment Company Institute.

Boston-based MFS capped off its busy year of rebranding and global advertising by completing the move of its corporate headquarters to 111 Huntington Avenue this week.

FlexShares has launched a trio of dividend-focused equity index exchange-traded funds.

Bill McNabb, chief executive officer of the Vanguard Group, has 130 billion reasons to smile this holiday season.

Bill McNabb, chief executive officer of the Vanguard Group, has 130 billion reasons to smile this holiday season.

For the week ended Dec. 12, investors pulled an estimated $6.57 billion from mutual funds, their biggest weekly withdrawal this year.

AdvisorShares is currently prepping to launch an alternative income exchange-traded fund in early 2013.

Invesco PowerShares Capital Management today said it plans to close 13 ETFs, which represent less than 1% of Invesco PowerShares’ total assets.

Gemini Fund Services and Arrow Investment Advisors today unveiled their exchange-traded fund initiative, the Northern Lights ETF Trust (NLET), which will bring “innovative” ETFs to market.

Americans held $5 trillion in all employer-based DC retirement plans on September 30, of which $3.5 trillion was held in 401(k) plans, according to data from the Investment Company Institute.

The old-school model of hiring an investment consultant to dispense advice to sponsors of pension funds and endowments about prospective investment managers is passing away.

Belinda Sherman has been promoted to president of The Huntington Investment Company, reporting to Steven Short, director of Huntington Wealth Advisors.

Investors’ penchant for income and total return and a return to equities will fuel the next wave of exchange-traded fund product innovation in 2013, according to State Street Global Advisors latest ETF report.

Asset managers are largely using social media to promote their brands, according to the latest research from Cerulli Associates.

Cornerstone Advisors has selected SEI to launch a series of multi-manager mutual funds through SEI's Advisors' Inner Circle (AIC) Fund series trust offering.

Cornerstone Advisors has selected SEI to launch a series of multi-manager mutual funds through SEI's Advisors' Inner Circle (AIC) Fund series trust offering.

State Street Global Advisors is prepping three new SPDR exchange-traded funds to launch early next year.

Asset managers are largely using social media to promote their brands, according to the latest research from Cerulli Associates.

Investors wanting in on one Eaton Vance Management fund better buy up now.