Mutual funds

The holidays and year-end are approaching rapidly, leaving investors anxious about where to stash their abundant cash.

Yet another private equity giant shop is looking to make it even bigger in the mutual fund space. Money Management Executive previously reported on KKR & Co.’s ’40 Act initiative in July.

Fidelity Investments is dipping its toes into hedge fund waters via a multi-manager mutual fund launched in partnership with hedge fund shop Arden Asset Management.

My favorite lobbying move of the year came in early May, in, of course, Washington, D.C.

The holidays have been good for money market funds.

Municipal bond mutual funds recorded their fifth straight week of inflows, and their 62nd week of positive flows in the past 66 weeks.

Vanguard Group may already be the largest mutual fund provider in the nation, but that doesn't mean it plans to stop growing.

The Board of Trustees of BNY Mellon Funds Trust is looking to add another sub-advisor to the 3-star rated, $1.2 billion BNY Mellon Mid Cap Multi-Strategy Fund.

The SSgA Tuckerman Active REIT Fund is starting the New Year with a new sub-advisor.

After two weeks of devastating outlfows, especially in domestic equities, mutual funds seem to have finally recovered their groove somewhat.

First Eagle Investment Management today is trumpeting the five-year anniversary of the First Eagle High Yield Fund (FEHIX).

3D Asset Management has added three sales executives to its business development team.

Mark Cahn, general counsel at the Securities and Exchange Commission, is leaving the agency at the end of the year to return to the private sector.

Investors withdrew money last month from Vanguard Group’s emerging-markets exchange-traded fund, the industry’s largest, after the firm said it would replace the fund’s index.

Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.

Global exchange-traded fund and exchange-traded product assets reached an all-time high of $1.9 trillion at the end of November 2012, according to figures from ETFGI’s monthly global ETF and ETP industry insights.

A new report from mutual fund research firm Strategic Insight offers non-U.S. asset managers insights designed to help them enter the U.S. market and succeed.

For the week ended Nov. 28, investors pulled an estimated $481 million from U.S. equity funds, a fraction of the $7.5 billion withdrawn a week earlier and the smallest weekly outflow since mid-July.

Montage Investments has added Giralda Advisors and the Giralda Fund to its fund family.

Compass EMP Funds is moving its three multi-asset class funds to a new trust.