Mutual funds

Legg Mason is buying itself an early Christmas gift.

Financial organizations are pressured to shorten monthly reporting timeframes to achieve operational efficiency and reduce the time to produce detailed financial summaries.

Exchange-traded funds have had a banner year, reaching a new peak of $1.7 trillion in assets held, at the end of November. That's a gain of 24.5%, from last year. And a doubling from four years ago.

BNY Mellon Chairman and Chief Executive Officer Gerald Hassell today unveiled several executive appointments to boost its investment management and services units.

Putnam Investments is looking to hire three defined contribution investment only wholesalers to join its DCIO sales team.

Fiscal cliff? What fiscal cliff?

State Street Global Advisors is prepping to launch a managed futures mutual fund early in 2013.

The good news for the merger and acquisitions market in 2012? Corporate profit margins have soared.

Investors sent money to municipal bond mutual funds for a sixth consecutive week, though at a decreased pace.

Charles Schwab's not the only fund firm grabbing headlines with its tech updates.

Morningstar today unveiled its nominees for the Morningstar Domestic-Stock Fund Manager of the Year award.

The Board of Trustees of the Altrius Small Cap Value Fund, a series of the Northern Lights Fund Trust, has decided to liquidate the fund on December 28, according to a Securities and Exchange Commission filing.

Schwab and Access Data, a Broadridge Financial Solutions-affiliated data management and analysis solutions provider, announced a new portal for mutual fund asset and sales data.

More changes in Securities and Exchange Commission leadership, which announced the appointment of a new senior advisor to the director in its division of investment management.

The U.S. Commodity Futures Trading Commission defeated a federal court challenge to a rule requiring mutual funds with commodities investments to register with the agency.

IMPACT 2012 may be over, but Charles Schwab's tech spree certainly isn't.

The exchange-traded funds space has had its fair share of successful launches and flameouts this year.

The Securities and Exchange Commission is turning over its leadership with the departure of yet another high-ranking official.

Happy holidays for Gemini Fund Services, which has announced a major achievement for its Northern Lights shared trusts.

Mutual funds suffered total estimated outflows of $2.0 billion for the week ended Wednesday, December 5, according to data from the Investment Company Institute.